Thursday, May 18, 2017

NAI NORWOOD GROUP SELLS FORMER GRANITE ROSE EVENT CENTER

Hampstead NH – NAI Norwood Group is pleased to announce the sale of the former Granite Rose located at 22 Garland Drive in Hampstead, New Hampshire. The 32,000+ SF event and function center was sold on April 28, 2017 in the amount of $2,400,000 according to the NH Registry of Deeds. Matt Bacon, Pam Lynch, and Karl Norwood, from NAI Norwood Group, represented the seller. Matt Bacon also assisted the buyer.

“It was a pleasure working for the former ownership to bring another operator into the Northeastern US market to expand their brand and restore the facility to the functioning beauty that it was once known for,” said Matt Bacon. 




One of the challenges in selling this unique property was finding the right buyer. Matt Bacon reached out across the country in search of the perfect fit. The buyer, Z Golf Food & Beverage, provides management for golf course food and beverage and wedding & banquet services. Z-Golf operates a collection of banquet and meeting centers under the Wedgewood Wedding & Banquet Center brand. They have decided to keep the Granite Rose name, and it will become Wedgewood Granite Rose. By combining the nationally recognized Wedgewood name with the locally renowned Granite Rose, the center will be booked and back up and running very soon.



NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.  Through this network of 400 offices and over 7,000 professionals, NAI Norwood Group is able to leverage their 48+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit www.nainorwoodgroup.com. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

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