Anheuser-Busch has sold its 75-year-old brewery — once known for its iconic illuminated eagle sign near Newark Liberty International Airport — for $360 million, according to the company that brokered the sale.
The 86-acre property was purchased by Goodman Group, a company that owns, develops and manages logistics properties and data centers throughout the world.
The former brewery is located along Routes 1 & 9 in Newark, across from the airport. It is in a zoning district that allows industrial, logistics, airport-related, data center, commercial and hospitality businesses.
"Few sites offer this level of scale, connectivity and zoning flexibility," said Adam Doneger, executive vice chairman of Newmark Group, which represented Anheuser-Busch in the sale. "These characteristics, combined with its location within one of the nation's most critical logistics corridors, position it to support the next generation of industrial and infrastructure users."
Goodman Group did not respond immediately to a request for comment.
Anheuser-Busch opened its Newark factory in 1951. It was the company's second brewery after the original location and headquarters opened in St. Louis, Missouri, in 1850. Many of its core brands were brewed in New Jersey, including Budweiser, Bud Light, Busch, Busch Light, Natural Light and Rolling Rock.
The company announced in December 2025 that it would close the Newark facility and two other U.S. breweries.
"Over the last five years we have taken steps to update and modernize our U.S. manufacturing operations, investing nearly $2 billion in our 100 facilities across the country," an Anheuser-Busch spokesperson told NJ Advance Media Friday.
The company decided to sell the Newark facility to the Goodman Group and close its facilities in Fairfield, California, and Merrimack, New Hampshire, after a "thorough review," the spokesperson said.
Production from the three plants is being shifted to the company's other U.S. facilities. "These changes will enable us to invest even more in our remaining operations and in our portfolio of growing, industry-leading brands," the spokesperson said.
About 475 full-time employees from the three shuttered breweries were offered jobs at Anheuser-Busch's other U.S. locations. Anheuser-Busch did not say how many accepted the offer and relocated.
The illuminated eagle sign that had stood atop the Newark building since 2001 was removed earlier this year. It will be preserved at the company's St. Louis headquarters.
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