Griffin Land & Nurseries, Inc. (Griffin) along its subsidiaries is engaged in real estate business and a landscape nursery business. Griffin operates in two segments: real estate business and landscape nursery businesses. Griffin's real estate division, Griffin Land, builds, leases and manages commercial and industrial properties and plans residential subdivisions on its land in Connecticut, Massachusetts and Pennsylvania. Imperial Nurseries, Inc (Imperial), Griffin's subsidiary in the landscape nursery segment, is engaged in growing plants in containers, which are sold principally to independent retail garden centers, rewholesalers, mass merchandisers, home centers and landscape contractors. In November 2013, Griffin Land & Nurseries, Inc announced that a subsidiary of its real estate business, Griffin Land, LLC closed the sale of approximately 90 acres of undeveloped land.