Press Releases
Marcus & Millichap Brokers $5.5 Million Bankruptcy Sale of Clearwater Brewery
February 25, 2026
CLEARWATER, Fla., Feb. 25, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Big Storm Brewery, a 50,490-square-foot brewery, restaurant and flex industrial facility in Clearwater, Florida. The property sold through a bankruptcy proceeding for $5.5 million.
“This transaction stands out as a unique deal from beginning to end,” said James Defusto, director investments in Marcus & Millichap’s Tampa office. “In a market filled with uncertainty, demand for strategically located industrial assets proved resilient. The outcome represents a major milestone in the bankruptcy process, providing a meaningful return to the estate and reinforcing confidence in the strength of prime industrial real estate.”
Defusto and Marcus & Millichap’s Darpan Patel and Dan Yozwiak represented the seller. The sale was conducted in coordination with Chief Restructuring Officer Joshua Rizack and bankruptcy counsel Jake Blanchard.
The property is located at 12707 49th St. N and spans approximately 3.58 acres. The two-building facility includes brewery production space, a taproom, commercial kitchen, cold storage and warehouse and office areas with dock-high loading. Originally constructed in 1972, the buildings were expanded and renovated over time, with updates completed between 2015 and 2020. The industrial configuration allows for continued brewery use or alternative flex and warehouse occupancy.
“This transaction stands out as a unique deal from beginning to end,” said James Defusto, director investments in Marcus & Millichap’s Tampa office. “In a market filled with uncertainty, demand for strategically located industrial assets proved resilient. The outcome represents a major milestone in the bankruptcy process, providing a meaningful return to the estate and reinforcing confidence in the strength of prime industrial real estate.”
Defusto and Marcus & Millichap’s Darpan Patel and Dan Yozwiak represented the seller. The sale was conducted in coordination with Chief Restructuring Officer Joshua Rizack and bankruptcy counsel Jake Blanchard.
The property is located at 12707 49th St. N and spans approximately 3.58 acres. The two-building facility includes brewery production space, a taproom, commercial kitchen, cold storage and warehouse and office areas with dock-high loading. Originally constructed in 1972, the buildings were expanded and renovated over time, with updates completed between 2015 and 2020. The industrial configuration allows for continued brewery use or alternative flex and warehouse occupancy.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
