On Thursday (8-4-22), Domain Capital Group, LLC, a comprehensive private investment management services firm, and its subsidiary, Domain Timber Advisors, LLC, announced the acquisition of nearly 3,400 acres of timberland located in middle Georgia and south Alabama, which will further enhance the company’s Southeast timber portfolio.
According to Domain Timber, the middle Georgia, “GFP Flint,” property includes 2,029 contiguous acres along the Flint River and Potato Creek, located about a 1.5-hour drive south of Atlanta. The site has an extensive history of timberland management and includes a mixture of young growth and mature timber, including harvest-ready loblolly pine plantations that present turnkey harvesting opportunities.
The “Walley” property is located approximately 40 miles northwest of Mobile, Alabama. The property is comprised of two tracts of young longleaf and loblolly pines totaling 1,360 acres. In addition to timber, the longleaf pines offer an opportunity for pine straw production.
Domain Timber’s most recent acquisitions increases the total acreage of timberland under the company’s management to more than 264,000 acres. Domain continues to research opportunities for additional, strategic acquisitions in the Southeast to meet the region’s demand for lumber and other wood products.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.