Loeb Equipment announced that, in partnership with Heritage Global Partners (HGP) and Blackbird Asset Services, it will be conducting a sale of Green Flash Brewing Company's San Diego brewing facility, capable of 100,000-barrel production.

"This is a once-in-a-lifetime opportunity to acquire a world-class brewery in one of the quintessential microbrewery locations in the world. The replacement cost to build a facility of this caliber is obscene," said Howard Newman, President of Loeb. "The Green Flash opportunity provides everything the buyer would need to be up and running right away. It's the type of sale that you don't see very often."

The facility has 100,000-barrel production total capacity and can produce bottles, cans, and draft package, while also having the capability to produce flavored malt beverages, seltzers and other ready to drink products. The facility features a 50 Barrel Mueller brewhouse that is only eight years old, with over 40 fermentation and bright tanks supporting the products. There is also a 5 Barrel Premier Stainless brewhouse onsite for small batches and pilot runs.

The turnkey sale process is currently ongoing as Loeb, HGP and Blackbird are actively seeking and negotiating offers from buyers who can re-start the brewery in place, while negotiating a new lease, or for the potential to relocate the brewery.

"There is strong confidence that a turnkey buyer will be found and operations will continue at the site," said Nick Dove, President of HGP. "The benefit of taking over the site is you get all the engineering and the installed value and the infrastructure that you would never get in an equipment only liquidation."

David Fiegel, President of Blackbird, added, "In 2018, our partnership successfully sold Green Flash's Virginia Beach location as a turnkey site to New Realm, and we're confident we can repeat that outcome with this state-of-the-art San Diego site."