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CraftWorks Bankruptcy Filing, Closings Point to More Craft Beer Property Shifts

Beer-Focused National Restaurant Chains Face Rising Competition from Local Craft Brewers
CraftWorks Holdings recently closed 37 U.S. locations of its brands including Gordon Biersch Brewery Restaurant. (CoStar)
CraftWorks Holdings recently closed 37 U.S. locations of its brands including Gordon Biersch Brewery Restaurant. (CoStar)
CoStar News
March 10, 2020 | 10:06 P.M.

A bankruptcy filing by CraftWorks Holdings, the operator of several brewery-restaurant brands that closed underperforming locations, has some in the industry saying it could signal more real estate disruption ahead in the evolving craft-beer industry.

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