Canadian Developer Replay Resorts Acquires Land in Healdsburg, California.
27 April 2016 - Canadian developer Replay Resorts has acquired a redevelopment site in the town of Healdsburg, California, the company said.
Terms of the deal were not disclosed.
Replay has assembled and acquired two sites in this transaction; the currently abandoned Garden Inn, and the home of Nu Forest Products.
The company said that the consolidated 10.4 acre property is two blocks from Healdsburg's historic town square, and is one of the largest contiguous landholdings to be designated for redevelopment by the town and its citizens.
Nu Forest Products currently employs approximately 70 people and will move to a new location twenty-five miles to the north in Cloverdale.
The land comprised of the mill and lumberyard operation and the Garden Inn site - one of the first sights driving into downtown Healdsburg - are part of the "Central Healdsburg Avenue Plan" that has been identified as land for redevelopment in the area.
Replay Resorts is a fully integrated destination development company headquartered in Vancouver Canada, and operating in the continental United States, Hawaii, Mexico, and the Caribbean.
Sector: Construction/Real Estate
Target: Redevelopment site in the town of Healdsburg, California
Buyer: Replay Resorts
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Apr 27, 2016|
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