Compass Pointe Developer Acquires Magnolia Greens Golf Course
LELAND, NC (June 8, 2015)– Bobby Harrelson, owner of CP Brunswick, LLC and developer of Compass Pointe, announces the intent to purchase of Magnolia Greens golf course from Magnolia Greens Ventures, LLC. With this purchase, Magnolia Greens golf course and The Pointe Golf Club at
Compass Pointe, currently under construction, will share ownership and management. Mr. Harrelson states, “I am delighted to be able to link the area’s finest public golf course, Magnolia Greens, with the uniquely designed new course at Compass Pointe. The two courses will complement each other in design and golf programming, and the championship layouts will ensure that northern Brunswick County will be a major golf destination for local, regional, and national golfers in the future.”
Brunswick Golf Holdings, LLC is now owner and operator of Magnolia Greens Golf
Rick Sears, Managing Partner of Magnolia Greens Ventures, will join Mr. Harrelson to lead the management of both courses under the venture name, Brunswick Golf Holdings, LLC. Mr. Harrelson continues, “I am pleased that both courses will be managed by the same outstanding staff that has brought such positive acclaim to Magnolia Greens. With his business background, local network, and golf industry knowledge and experience, Rick is uniquely qualified to lead Brunswick Golf Holdings, LLC. I have high expectations that he and his senior team including Rick Ferrell, Head Professional and General Manager, and Marty Walker, Superintendent, will combine both golf courses into one of the very best overall golf operations and experiences in the Carolinas.” Former professional golfer and Partner of Magnolia Greens Ventures, LLC, Tommy Jacobs will serve as an honorary Head Pro for The Pointe Golf Club at Compass Pointe.
About Magnolia Greens Golf Course
Magnolia Greens Golf has been named, “Best Golf Course in the Cape Fear” for the last two years by the Wilmington Star News reader’s poll. Constructed in 1998, Magnolia Greens has long been an area favorite and has served as a site for the PGA tour qualifying school, as well as numerous state and national qualifying and tournament events.
About Bobby Harrelson
Bobby Harrelson is one of the region’s most experienced and respected residential developers. With more than 50 years of experience, he has developed more than 110 communities in the area, some of which include Magnolia Greens, Waterford of the Carolinas, Echo Farms, and The Cape.
Mr. Harrelson’s current project, Compass Pointe, currently has more than 400 existing homes and approximately 50 under construction. Compass Pointe will ultimately be home to more than 2000 residents.
About Compass Pointe
Compass Pointe is a gated residential community 10 minutes from Wilmington, NC. It offers new luxury homes and resort style amenities, including a Rick Robbins designed championship golf course, expected to open late fall 2015. The course, named The Pointe Golf Club, will offer a unique golf design taking advantage of elevation changes, native sand hill terrain, and natural conservation and water areas. Please call 888.717.6468 or visit www.CompassPointeNC.com for more information.
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