North Bay Business Journal

PETALUMA — Basin Street Properties, which built much of Redwood Business Park in Petaluma and sold a number of the buildings in in a major 2005 deal, today said it purchased five of the buildings in the development for $8 million from the lender that had taken them back and plans to spend several million dollars on upgrades over the next two years.

PETALUMA — Basin Street Properties named Tom Birdsall, co-founder of the company’s hotel ventures, as regional partner, overseeing all Northern California projects and properties.