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April 24, 2003 | From Times Wire Reports
California's largest timber company has sold two more tracts of land to a trust that plans to preserve thousands of acres across the Sierra Nevada. Sierra Pacific Industries, based in Redding, says it's selling 1,280 acres along the north fork of the American River and 628 acres at Barker Pass, along the Pacific Coast Trail near the Granite Chief Wilderness. The two tracts were sold to the nonprofit Trust for Public Land for about $2.87 million.
March 30, 1996 | HOPE HAMASHIGE
The City Council on Monday will consider buying from Newport-Mesa Unified School District the 18 acres of farmland surrounding Costa Mesa High School. For months, the future of the land has been up in the air as the school district, which wants to raise money to pay for repairs at schools across Costa Mesa and Newport Beach, has weighed the best way to use the property.
April 14, 1987
Gene Autry and the Autry Foundation will sell 12.4 acres of land to the Tribune Co. of Chicago for an undisclosed price. The Tribune Co. has been leasing the land since 1985, when it bought independent television station KTLA for $510 million. Situated on the property are the broadcast facilities and administrative offices of KTLA, the offices of Autry's Golden West Broadcasters and seven additional TV production studios.
November 17, 2005 | From Times Staff and Wire Reports
The House of Representatives passed a bill this week that would transfer about 990 acres from the federal Bureau of Land Management to the Pechanga Band of Luiseno Indians. The bill, sponsored by Rep. Darrell Issa (R-Vista) and passed on a voice vote Tuesday, gives control of two parcels to the band, which owns the Pechanga Resort & Casino. Tribal Chairman Mark Macarro said the land had sacred rock carvings and paintings that the tribe intended to preserve.
September 13, 1987
The Buie Corp., San Diego, has paid $13 million for 500 acres in Rancho California known as Villa Santa Fe that will be developed as a golf course-oriented adult community with about 2,000 dwelling units. The Hoffman Co., an Irvine land brokerage firm, represented both Buie and the seller, Kaiser Development Co., in the transaction. Byron R. Hoffman, principal in the Hoffman Co.
November 17, 1998 | BARBARA MURPHY
Warmington Homes has purchased 7.76 acres of land on Tierra Rejada Road in Simi Valley. The company will break ground this month on 25 homes ranging from 2,350 to 3,109 square feet. Warmington will offer the homes for sale in February, and purchasers will have August move-in dates. Capital Commercial / NAI's Simi Valley office represented the seller, Westgate Development, in the transaction. The sale price was not disclosed.
July 14, 1985
A 12-acre parcel of land has been sold to Setco Inc. by Santa Fe Pacific Realty Corp., the developer of the Santa Fe Corporate Center in Anaheim. Setco is planning to build a 260,000-square-foot corporate office and light manufacturing facility at the center. The $3.6-million purchase was negotiated through the Anaheim and Newport Beach offices of Grubb & Ellis.
November 11, 1994 | FRANK MANNING
After months of negotiations, the cities of Calabasas and Agoura Hills have succeeded in obtaining from Los Angeles County a 4.5-acre parcel of land that the cities want to use for a regional community center and gymnasium. Supervisor Ed Edelman has been trying to persuade the county to donate the land to the cities, but Supervisor Gloria Molina and other county officials have been reluctant, saying the fiscally strapped county should not be giving valuable land away.
December 31, 2000
Re "A Plan and a Price Tag," Ventura County editorial, Dec. 24. For more than 150 years, agricultural lands have remained just that, despite passing through many hands via inheritances or sales. The owners farmed or pastured their lands as that was their purpose. Until a developer looked at it. Or might look at it. All of a sudden, that land, long agricultural, became something else. It's not the growers who are "cashing in"--although they do realize much more upon a sale to the land speculators your newspaper is supporting than they had thought their land was worth.
July 16, 2006 | Mary Umberger, Chicago Tribune
Throughout the recent housing boom, the price of residential land has risen faster than construction costs, according to a study by the Federal Reserve. The study also concludes that swings in land costs probably will make home prices more volatile in the future. Land prices do fall -- in some Southwestern cities, for example, the average value of residential land fell by 50% in the 1980s, according to the Fed study.
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