Bid Event
111,967± Acres

Campbell Global, LLC, on behalf of Hawthorne Timber Company LLC, has retained LandVest Inc. (www.landvest.com) as its advisor and broker in the strategic disposition of approximately 111,967± acres of coast Redwood and Douglas-fir forest in Mendocino County.

 

The Hawthorne Timberlands are largely within a single, contiguous block of highly productive forests which typify the unique Redwood Belt of Northern California. The standing inventory, averaging 21.2 MBF (17.7 MBF conifer) short log scale per forested acre, will support both immediate and long-term cash flow. The long term sustained yield is indicative of the future plantation growth potential characteristic of site index 119 timberlands. The blocked configuration provides for fee access control through secure gated access. With numerous domestic log demand centers in Eureka, Scotia, Willits, Ukiah, and Cloverdale, the local market outlook for  premium Redwood logs is possibly the most optimistic in Northern California. In addition, multiple export facilities for Douglas-fir and whitewoods can be found in Oakland, Richmond, and Eureka, CA.    

 

This Sale will be conducted as a two-stage auction event with initial, indicative bids to be submitted by June 4, 2015. Based on the indicative bids and specified conditions of due diligence, parties will be invited to continue into the second stage. The second stage will be structured to allow contingency-free bids submitted in September 2015. A Data Room will be available on April 17th, 2015; access to which will be provided to interested parties upon execution of a confidentiality agreement.   


Property Details

OR0108