Tuscan Brands acquired 120 acres in Salem, NH, where it plans to redevelop the former Rockingham Park horse racing facility in to a mixed-use commercial development that will include retail, dining, residential and lodging.

Rockingham Venture sold Rockingham Park, where racing began in 1906, for $40 million. The track officially closed its doors in August of this year.

Robert Griffin, Richard Ruggiero, Justin Smith of Newmark Grubb Knight Frank…