CBA Sells Woodinville Brewery for $24.5 Million

Dear Client:Craft Brew Alliance announced today that it has entered into an agreement to sell its Woodinville, Washington facility to Sound Commercial Investment Holdings, a Washington-based real estate investment firm, for $24.5 million.Recall, CBA announced earlier this year that they'd close the Woodinville Facility, which has officially been on the market since July. Prior to that, Pabst brewed Rainier brands at the facility, per an agreement in early 2016, and had an option to buy the brewery. That didn't quite