Brewers Association Purchases $4 Million Property in Boulder

The continued maturation of the craft beer category has enabled the Brewers Association (BA) — a not-for-profit trade association representing the interests of craft brewers — to expand.

After nearly three decades at 736 Pearl Street in Boulder, Colo., the BA, which currently employs 47 staff members, will relocate its headquarters to a new, $4 million office space in downtown Boulder.

“The primary focus of moving into a larger space is to accommodate the existing growth in personnel,” said Barbara Fusco, the sales and marketing director for the BA.

The BA has hired 15 new employees in the last three years, Fusco said.

The BA has agreed to purchase an 11,600 sq. ft. property at 1327 Spruce Street, nearly doubling the size of its current space. The transaction is expected to close on April 1 of 2014.

“With this move, the Brewers Association remains committed to being part of the downtown Boulder business community,” Bob Pease, the BA’s chief operating officer said in a press release. “The BA is proud to be part of the growing community that is craft brewing. This move will allow our staff to better serve our members in the months and years ahead.”

In March of this year, the BA’s annual report on the state of craft beer in the US found that production of craft beer had reached an all time high of 13.2 million barrels in 2012, solidifying it as a $10 billion category.

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