Project Information
Owner/Developer
Woodland JUSD
Russell Ranch, Inc.
Size
13 Acres District Exchange Land
10 Acres District Acquisition
Project Manager
Terra Realty Advisors, Inc.
Year
2009 Completed
VALUE/COST:
$15,300,000
Financing
Exchange & Cash
Project Notes
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.
