SAN MARCOS, Texas –Austin-based Hops & Grain Brewing is expanding outside of Austin to San Marcos, Texas. The five-year-old brewery has signed a 10,796-square-foot lease at Crossroads Center (110 East MLK Drive) to house a second production facility and tasting room.
Bryan McMurrey and Sergio Negrete of CBRE represented the landlord, MLKSM, LLC, led by Mark Sheilds. Lance Tindall of Tribeca Company represented Hops & Grain Brewing.
“Our goal is to start brewing test batches on our new system in San Marcos by July 2017 and if all goes well, release our first beer from the new facility in October 2017,” said Josh Hare, Founder of Hops & Grain.
Crossroads Center is an office and retail mixed-use redevelopment of a former big box grocery located minutes from Texas State University, the college formerly known as Southwest Texas State.
Bryan McMurrey, Vice President, CBRE said, ”From the beginning of this leasing assignment, our shared vision with real estate developer Mark Shields was to create a unique San Marcos shopping center that incorporated successful Central Texas concepts. The 150-foot bay depths and tall ceiling heights, originally built for a grocery, are challenging for many traditional retailers, but are the perfect solution for a brewery.”
Hops & Grain is working with the same team of designers that worked on the Austin taproom. The team includes Phillip Edgerton of Edgework Designs for metal work, Austin Evers of Woodwork at 17 for wood elements, and Lilianne Steckler Interior Design.
In August, Hops & Grain became the first small business to raise $1 million with Regulation Crowdfunding (Title 3 Equity crowdfunding). The brewery raised the money in 68 days to fund the expansion.
Nov. 19, 2016 Realty News Report Copyright 2016