The Marin Agricultural Land Trust purchased the 864-acre Borello Ranch from a developer this week, under an agreement to lease the Marshall property to two local ranchers who will buy it from the nonprofit within four years.
MALT has rechristened the land Millerton Creek Ranch, named for the creek that runs through the pastures and empties into Tomales Bay.
The ranch, purchased by Bob Borello in the 1950s, has supported ranching, a quarry and sewer…