Adena Springs Farm, located near Paris, Ky., will be sold, according to Dallas real estate firm Icon Global. Frank Stronach purchased the land that makes up the 2,300-acre property in 2005 and built the facility from scratch, opening it in 2007. It is capable of handling over 1,000 horses and has been the home of a number of prominent stallions, including homebreds Awesome Again and Ghostzapper.
Adena Springs Farm is part of The Stronach Group's (TSG) real estate portfolio and is being sold under the direction of its Chairman, Chief Executive Officer and President, Belinda Stronach. The sale of the Adena Farm property aligns with TSG's strategy for growth and commitment to building successful companies with a focus on innovation and technology, world-class Thoroughbred horse racing and wagering, entertainment and real estate development.
“The Adena Springs contributions, records, awards, and innovations to the Thoroughbred racing industry internationally are incredible and, in some cases, unsurpassed in the annuals of modern racing history,” said Bernard Uechtritz of Icon Global. “This farm is one of the two largest of its kind under one fence in the Lexington Bluegrass.”
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