The buyers saw an opportunity to integrate their sauna and spa business with a hospitality offering. The Newcastle was on the market for only a couple of weeks before it went under contract.
The land features 2.8 miles of picturesque stone walls, the remains of 18th and 19th century home foundations, remnants of wharves, clay pits and kilns connected with the family’s 19th- century brick-making business. The site became a national monument in December 2024.
“Frances Perkins’ work continues to shape our lives today, and it’s essential that we tell her story in ways that resonate with modern audiences," said the center’s director.
The Frances Perkins homestead will open as a national monument this summer. Perkins was an advocate for workers' rights was a key architect of the New Deal in the Roosevelt administration.
The sale of four self-storage facilities in recent months illustrates a healthy volume of transactions compared with an otherwise slower investment market, said the broker.
Frances Perkins was President Franklin D. Roosevelt’s labor secretary, credited with helping establish the 40-hour work week, workplace safety measures and the abolition of child labor.
The breweries share similar brewing philosophies, but their beer portfolios are different. Rising Tide focuses on traditional American and European beer styles, Oxbow on farmhouse ales and lagers.Â