Timberland Investment
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Campbell Global sells conservation easement in Texas

Campbell Global sells conservation easement in Texas | Timberland Investment | Scoop.it

The Nature Conservancy, Texas A&M Forest Service, and the U.S. Forest Service have collaborated to purchase a conservation easement on 4,785 acres of forestland in the Longleaf Ridge area of East Texas, permanently protecting some of the best longleaf pine habitat in the state.


The groups purchased the easement for $2,277,000 from Crown Pine Timber LP, a limited partnership managed by Campbell Global, a timber investment and management firm based in Portland, Oregon. Campbell Global manages over 1 million acres of timberlands in East Texas on behalf of Crown Pine Timber.


The easement was funded through the Forest Legacy Program, a federal program managed by the USDA Forest Service. The Nature Conservancy provided $569,250 in matching funds.


This type of conservation – often called a “working forest” conservation easement – keeps forestlands in private ownership while conserving the land for future generations. Landowners and local communities continue to realize economic gain from timber management while the forest provides other benefits such as watershed protection, wildlife habitat, recreation and scenic values.

Sam Radcliffe's insight:

$475 per acre, only slightly higher than similar easements have sold for in the Lake States

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Rayonier acquires 62,000 Texas acres

Rayonier acquires 62,000 Texas acres | Timberland Investment | Scoop.it
Rayonier (NYSE:RYN) today announced it has acquired approximately 62,600 acres of timberlands in East Texas. The property, purchased from a private ownership group for $88 million, or $1,406 per acre, brings the company’s total ownership in Texas to over 150,000 acres.

“These timberlands, located in one of the most competitive wood baskets in the Gulf States, significantly increase Rayonier’s landholdings in Texas and enable us to better support our existing paper, pulp and solid wood customers,” said Paul G. Boynton, chairman, president and chief executive officer. “With the majority of this property located within 60 miles of the Houston metropolitan area, it also provides tremendous value creation potential for our higher-and-better-use land sales program.”

The timberlands are located principally in Liberty, Polk and Trinity counties. Rayonier owns, leases or manages approximately 2.7 million acres in 10 states in the U.S. and New Zealand.
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Jack D Bridges's curator insight, December 19, 2012 8:58 AM

I don't know who sold, but $1,400K/acre for a decent sized transaction seems a good price (without knowing the specie mix, stocking levels, and age-class of the timber)--especially with the apparent HBU value add to the land (60 miles from Houston metro). Deal flow looks steady into 2013...