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First Beverage Capital Acquires Distribution Facility In Chicago

Beer Business Daily:

First Beverage Capital (formerly called National Beverage Properties) purchased a 52,000 square foot warehouse in Illinois operated by Euclid Beverage, Ltd., owned by the McEnery family. This is First Beverage’s fifth acquisition this year and increases their total properties to over 1.1 million square feet throughout seven states. FBC chief Bill Anderson says Euclid Beverage will lease the facility back from First Beverage on a triple-net basis for up to 30 years.