G. Heileman Brewing Co. – Belleville, IL

G. Heileman Brewing Co. – Belleville, IL

15:24 16 September in Industrial, Land Development
 

Detail: CDC purchased this 27-acre, 800,000 barrel a year facility in Belleville, IL from G. Heileman Brewery.

Solution: CDC sold surplus equipment, demolished 70% of the obsolete buildings and performed asbestos and PCB transformer remediation and below-grade hydro-carbon cleanup associated with the underground storage tank removal. CDC sold 15 acres to an adjacent nursing home and retained the remaining 180,000 square foot warehouse and distribution center. CDC leased the warehouse to a local firm before selling the warehouse to an investor.