… 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
