North Country Growers’ hydroponic greenhouse property in Berlin, New Hampshire is scheduled for a public foreclosure auction on 28 October 2026, according to the auctioneer and a mortgagee sale notice issued on behalf of Service Federal Credit Union.
The auction listing describes an 8-acre greenhouse, equivalent to about 3.2 hectares, together with a 2-acre (0.8-hectare) work hall on a 168-acre (68-hectare) site at 183 East Milan Road. The live auction is scheduled for 11:00 a.m., with a $100,000 deposit required to bid.
The sale covers a recently built hydroponic facility
North Country Growers completed construction of the greenhouse in 2023 for lettuce production, according to the auction listing. The property also includes irrigation infrastructure with rainwater ponds, water treatment, screening and electrical systems, plus a cogeneration boiler system designed to provide heat, power and carbon dioxide for greenhouse production.
The auctioneer says the site was planned with room for another greenhouse of similar size for tomato production. Buyers are being invited to inspect the property by appointment rather than assume that the existing growing equipment is immediately production-ready.
Mortgagee notice confirms the foreclosure process
A Notice of Mortgagee’s Foreclosure Sale names North Country Growers, LLC as mortgagor and Service Federal Credit Union as mortgagee. It states that the property will be sold at public auction at the Berlin site and that the sale is on an “as is and where is” basis, subject to the stated terms and any prior enforceable encumbrances.
The notice does not state the outstanding debt, a reserve price or an expected recovery value. HortiSignal therefore does not infer those figures from the foreclosure process.
Operations stopped earlier in 2026
Business NH Magazine, citing the Berlin Sun, reported that operations at the site ceased near the end of March 2026. The report said Service Credit Union had stopped extending additional financial credit, including funding needed for payroll. No bankruptcy filing was established in the sources reviewed for this article.
Why it matters
The auction puts a recently constructed controlled-environment agriculture asset back on the market at a time when operators and investors are scrutinising the capital intensity and financing resilience of large greenhouse projects. For established growers, the site may represent an acquisition opportunity; for the wider sector, it is also a visible distress signal tied to financing rather than to a new-build pipeline.
Key takeaways
- A foreclosure auction of the Berlin greenhouse property is scheduled for 28 October 2026.
- The site includes an 8-acre (3.2-hectare) hydroponic greenhouse, a 2-acre work hall and 168 acres of land.
- Public sources reviewed by HortiSignal do not establish the debt amount, reserve price or bankruptcy status.
