Historic Newark brewery sells for $360M, paving way for new logistics hub

🍺 Former Anheuser-Busch brewery in Newark has officially sold for $360 million.

🏭 Goodman Group plans to turn the massive 86-acre property into a logistics and industrial hub.

✈️ The iconic Budweiser brewery near Newark Airport operated since 1951.

NEWARK — Months after shuttering an iconic brewery across from Newark Liberty International Airport, Anheuser-Busch has closed on the massive sale of the property.

Goodman Group spent $360 million buying the 86-acre site, as first announced in December.

The majority of the sale was for the land itself, while $43.6 million of the total was for 1.7 million-square-foot of existing facilities, CoStar reported…

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