PRESS ROOMNEWS RELEASE
Inland Real Estate Commercial Brokerage, Inc. Represents Phase Three Brewing Company on Elmhurst LeaseMay 12, 2022
Oak Brook, Ill. – Inland Real Estate Commercial Brokerage, Inc. (“Inland Commercial Brokerage”) announced the signing of a retail lease by Phase Three Brewing Company (“Phase Three Brewing”) at 492-494 South Spring Road in Elmhurst, Illinois. Paul Montes and Eric Spiess, senior vice presidents of Inland Commercial Brokerage, represented Phase Three Brewing on the lease.
Phase Three Brewing is converting a former bicycle shop into a 3,600-square-foot taproom with a full kitchen, to-go sales and outdoor space.
Elmhurst will be Phase Three Brewing’s second location, complementing its 28,000-square-foot microbrewery and production facility and 2,500-square-foot taproom in Lake Zurich.
“We’re honored to work with the Phase Three Brewing team to execute this lease and expand their footprint into DuPage County,” said Montes. “They are one of Chicagoland’s most sought-after breweries, and the new Elmhurst location is well positioned to draw customers from the surrounding communities.”
Phase Three Brewing launched in 2019 and was recognized as one of the “Hottest Breweries in America” by Thrillist.com in September 2021. The owners collectively have more than 30 years of experience in the brewing, restaurant and hospitality industry.
About Inland Real Estate Commercial Brokerage, Inc.
Inland Real Estate Commercial Brokerage, Inc. (“IRECB”) is a boutique brokerage firm providing real estate solutions for sales and exchanges for private, public and institutional owners/managers of commercial investment real estate. IRECB is part of The Inland Real Estate Group of Companies, Inc. (“Inland”), one of the nation’s largest commercial real estate and finance groups, which is comprised of a group of independent legal entities some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof. Throughout Inland’s history, its various brokerage entities have closed on more than $1.3 billion including 8,700 multifamily apartments and 140 million square feet of commercial real estate. For more information about IRECB, please visit www.inlandbrokerage.com.