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Faction Brewing Company to Sign Five-year Lease at Alameda Point

At next Tuesday’s Alameda City Council meeting, the council will consider a lease that would see Faction Brewing Company LLC occupy roughly 32,500 square feet of space at building 22, a former aircraft hangar, at Alameda Point.

The start-up brewery plans to produce 8,000 barrels of bear a year in at least five varieties, including Pale Ale, IPA, Red, Pilsner and Stout.

The lease will provide two five-year options as well.

Faction will get three months of rent-free control of the space as they obtain approvals and permits, after which they will pay $0.37 per square foot per month, for a total of $144,300 per year. That rate applies for the first 24 months, after which it steps up by a penny each year.

After the initial five-year period, the rent will be established at market rate.

The company proposes to build a production brewery, a taproom for tasting, and an on-site sales center.

Faction Brewing Company LLC is set to occupy 32,500 square feet of space in Building 22, a former aircraft hangar, at Alameda Point. (Google Streetview)

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Alameda, Alameda County, Alameda Hospital

Alameda Health System Appoints David Cox as Chief Financial Officer

Alameda Health System announced today that David Cox, formerly the CFO of Marin General Hospital, has been named Chief Financial Officer (CFO).

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