Augusta National Buys More Real Estate

Michael Buteau of Bloomberg reports that Augusta National Golf Club purchased The Greens on Washington Road for $8.3 million in 2012 and is razing the apartment complex to build a parking lot.

The land totaled 9.3 acres and sits east of the club's Par 3 Course, extending the club's interest in that direction and increasing speculation, says Buteau, that the club wants to expand player and dignitary housing during Masters week.

A Google aerial showing where the property sits in relation to the club:

Update on 2013-11-27 16:04 by Geoff

**A July 8, 2012 Steve Crawford story had Augusta National member Robert Johnston buying The Greens for $8.3 million in a deal separate from the club.