Saturday, April 23, 2016

Developer buys old Red Bell Brewing Co. building



An affiliate of Philadelphia developer John Wei has purchased the 200,000-square-foot Red Bell Brewing Co. building at 31st and Jefferson Streets in the city's Brewerytown section.

Brewerytown Investment L.P. paid $1.85 million this month for the vacant 1870s brewery building on 70,000 square feet of land, according to Ken Wellar, a managing partner at Rittenhouse Realty Advisors, which marketed the property.


Brewerytown Investment shares an address with other ventures connected to Wei, whose affiliates also own the Independence Press Building at 525 N. 11th St. and the Church of the Assumption at 1131 Spring Garden St. in the West Poplar neighborhood. Wei did not immediately respond to phone and email messages asking about his plans for the brewery building.

Source: Philly.com

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