Indexed News on:

--the California "Mega-Park" Project

Tracking measurable success on preserving and connecting California's Parks & Wildlife Corridors

Wednesday, June 17, 2009

2200 Acres of Forest in Mendo gets no bidders...

Fate of Mendocino redwood forest unknown

Tuesday, June 2, 2009
The fate of a 2,020-acre forest in the heart of Mendocino County's redwood country remained unknown Tuesday, five days after the deadline for bids in a silent auction for the property.

"We got bids in and we're getting back to people," said John Rosenthal, president of Realty Marketing/Northwest, which conducted the auction.

Rosenthal expects the auction to result in a sale but would give no further details. The minimum bid on the property was $4.79 million.

The auction company does not divulge sales results until they've closed escrow, which could take two months, Rosenthal said.

The property, Redwood Creek Tree Farm, is located northwest of Willits. It is owned by Chicago-based Congaree River LLC, which purchased the land from the Masonite Corp. about 25 years ago.

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