U.S. brewery and soft drink manufacturer Shipyard Brewing is collaborating with commercial mortgage real estate (RE) banking firm Valencia Realty Capital and commercial RE company State Street Realty Advisors on a planned $36 million contract brewing and co-packing facility in Hooksett, New Hampshire.

The 100,000 square feet brewing and co-packing complex will be capable of producing and packaging thousands of barrels of beer, distilled spirits and non-alcoholic drinks.

The facility will be take up five acres of an overall 50-acre site situated on an aquifer accessible rock that can contain and transmit groundwater.

The brewing facility is currently under development along Highway 93 with an expected opening date of late 2020.