Augusta National makes biggest real estate purchase yet

Augusta National

Augusta National Golf Club has bolstered its real estate portfolio by purchasing the National Hills shopping centre for $26 million.

According to a report from the Augusta Chronicle, the club confirmed the purchase, which is Augusta National's priciest single real estate purchase to date, on April 13, the Monday after what was supposed to be the Masters’ final round.

The 15-acre National Hills Shopping Centre is across the street from the northwest corner of the Augusta National property, just a couple hundred yards from the main entrance on Magnolia Lane.

• Renowned Scots club sees members surge post lockdown

• European Tour pro FUMES as OWGR announces restart

The purchase follows the club acquiring five former home tracts in the Jamestown neighbourhood on the club’s southwest side for $2.2 million back in March.

Public records of both sales were not made available by Richmond County until this week.

Both purchases were made through club-affiliated corporations; the shopping centre was purchased by WSQ LLC and the vacant residential property was purchased by Berckman Residential Properties LLC.

• Woods breaks silence on America’s violent protests

The five vacant tracts were sold to the club by British sports-hospitality firm Byrom PLC. The firm had proposed redeveloping the 2.3-acre site as a private neighbourhood with 14,200-square-feet of upscale residential space that would be used for corporate hospitality during the Masters Tournament.

• Brora set to survive following global goodwill

The Augusta National, through affiliated companies, has acquired more than 110 acres of property surrounding the club during the past 20 years.

Share this Article

twitter-logo facebook-logo

Latest Videos See all videos right arrow

play button
play button
I TEST JON RAHM’S NEW IRONS! – Callaway Apex TCB review
play button
Top 5 tips to help you conquer the MENTAL game
mental game
play button
PUTTER BATTLE! – Three of the best 2021 models compared
taylormade putters 2021
See all videos right arrow

Golf News

Former champion OUT of US PGA with injury
Mel Reid outlines Solheim Cup ambition
WATCH: Tyrrell Hatton crushes Happy Gilmore shot
Scotland's Craig Howie wins maiden Challenge Tour title

Other Top Stories

Tiger Woods: Inside his $41million Florida mansion
The very best pubs in St Andrews
The Scottish Golf Course Emoji Quiz!
24 lies every bad golfer tells
Doug Sanders: The extraordinary life of golf's original playboy

Quick Fault 'n' Fixes See all videos right arrow

play button
Hold your finish to improve your discipline
play button
Let your arms and shoulders work together
play button
Every swing should start with a good posture
play button
Strike down on the ball for more consistency
See all videos right arrow