Apr 16, 2015 12:08 PM by News Staff
GUALALA, Calif. (AP) - A family with long timber holdings in Sonoma and Mendocino counties and the Bay Area is set to buy nearly 30,000 acres of mixed redwood and Douglas fir in Northern California.
The Santa Rosa Press Democrat reports Thursday that the Roger Burch family is expected to close escrow on the property at the mouth of the Gualala River in June.
Their interests already include the Redwood Empire sawmills in Philo and Cloverdale, where logs from the sites have been processed for 30 years.
Some have expressed disappointment that the land will remain in the hands of a commercial timber company rather than conservation interests that made an unsuccessful bid for the property.
Others say having a family-owned company with a local presence is a good given the rise of timber investment funds and the high-yield pressures that could come into play.
Information from: The Santa Rosa Press Democrat
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