Welsh: “When zoning codes began to embrace the concept of craft breweries, that finally opened the door for brewers that who were waiting in the wings with their investors and business plans ready.”

COLUMBIA, MD—Don’t be surprised if the next time you’re feeling a little thirsty you find your local craft brewery is shuttered. It’s a sobering reality that, while the niche still represents a popular and growing trend, there are forces at work that are redefining what a successful model looks like.

That’s what Marley Welsh, senior associate at the Chesapeake Region office of Lee & Associates, told us recently. But she makes it clear that changes in the model don’t mean demand is going flat.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.