One of Kitsap’s biggest commercial sales ever is taking place now …
August 16th, 2012 by Rachel Pritchett… it is Encore Community’s $25.2 million sale of its 13-acre campus in Silverdale that includes Clearbrook Inn, Northwoods Lodge and Country Meadows to a Tennessee-base health-care investor.
As far as I can tell, it’s the second-largest ever commercial sale in Kitsap County.
Anyone want to guess the first? That was the shopping plaza in Silverdale that includes Safeway, Jo-Ann Fabrics & Crafts and Staples. The $34 million sale occurred in November 2006 and the buyer was an investment group. It’s since turned over again.
I’m pulling my story together now. Look for a remodel right away as Northwoods get converted to all private rooms.
As it stands now, you’ll be able to view my story starting this evening at kitsapsun.com.
Rachel Pritchett
Scripps Interactive Newspapers Group
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