Sequoia/Canongate Golf LLC, owner of 18 private golf clubs and a leader in the Atlanta, GA golf market, has signed a contract to purchase The Woodlands' two public golf courses - The Oaks and Panther Trail - along with The Woodlands Country Club , from The Woodlands Development Company (TWDC), according to Bill Langley CCM, managing director of The Clubs of The Woodlands.
Both parties are now engaged in due diligence, and the closing of the sale will most likely happen in 60 days, Langley said. The sale package includes the 18-hole East Course, Clubhouse and maintenance facilities; the Golf Hall of Fame Building; The Oaks and Panther Trail golf courses, along with the golf pro shop, locker rooms, and Spartilo restaurant; the existing tennis facilities at The Woodlands Country Club, including the Pro Shop and indoor courts; the 27-hole Palmer Course, Palmer Clubhouse, and maintenance facilities; and the 18-hole Player Course, clubhouse and maintenance facilities.
Source: TWOC
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