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November 2010

Caron Sells a Second Tract of Land on Reservoir Road in Meredith, NH

Deanna Caron, Senior Broker with Stebbins Commercial Properties, Inc. has sold a second tract of land located on Reservoir Road in Meredith, NH. The 8.07 acre parcel was sold for $110,000.00. The Seller was AMD Holdings, Inc. and the Buyer was Hidden Green Properties, LLC, a division of the Winnipesaukee Playhouse presently located in Laconia.

The Playhouse will be using the land for overflow parking for their new location in Meredith. Their plan is to develop a state of the art "theatre campus" at the site of the former Annalee Doll factory and retail store. Plans include increased seating capacity in the new main theater, as well as, many amenities such as expanded concession and bathroom facilities, outdoor performance space, eating area and nature trail. The Playhouse plans to move to the site once fundraising is complete. Caron represented the Seller and assisted the Buyer.