PROJECTS

Woodland Land Exchange



Owner/Developer

Woodland JUSD
Russell Ranch, Inc.

Size:

13 Acres District Exchange Land
10 Acres District Acquisition

Real Estate Advisor:

Terra Realty Advisors, Inc.

Year:

2009 Completed

Financing:

Exchange & Cash

Exchange Value:

$15,300,000

Comments:

Terra Realty Advisors, Inc, working on behalf of our client: the Woodland Joint Unified School District, completed an exchange of surplus property owned by the District for a new school site in the Springlake Area Masterplan Development of Woodland, CA. This complicated two party land exchange involved processing a new tentative map on the District exchange property with the City of Woodland, while working through political, civil & market issues to a successful close. The final map created ninety lots.