The owner told IBJ he can’t afford to pay increased rent prices at the building where beer first was bottled in 1904. But the landlord said the brewery had been paying below-market rent that needed to be renegotiated.
Indiana City Brewing Company has engaged New Mill Capital to seek potential buyers for its Indianapolis brewery. The sale includes all equipment, intellectual property, and book of business.
And also on tap at ICB is a year-long Kentucky bourbon barrels-aged iteration of “Third Cat Baltic Porter,” marking the third collaboration between Indiana City and 18th Street breweries.
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