ATLANTA
,
April 10, 2023
(press release)
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COLES CREEK TIMBERLANDS
Mississippi
22,001± Acres
| On behalf of Forest Investment Associates, LandVest is pleased to announce Coles Creek Timberlands, a collection of well-stocked pine timberlands totaling 22,001± acres in Mississippi. The property is being offered through a sealed bid sale process in two sale units: Coles Creek – North (8,909± acres) and Coles Creek – South (13,092± acres). Coles Creek Timberlands is an exceptional collection of high-quality southern pine plantations situated in the thriving Mississippi forest products markets. Totaling 22,001± acres, Coles Creek Timberlands spans north-to-south from Oxford to Brookhaven, Mississippi. Each of the sale units are underpinned by quality timber growing sites, excellent stocking, and robust (and expanding) markets. |
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| As a portfolio, Coles Creek averages 80% of its land area in commercial pine plantations with the balance in a mix of upland natural pine and mixed hardwoods. The pine plantations benefit from significant silvicultural investments—from improved genetic seedlings, to chemical weed control, to regular fertilization regimens—resulting in highly productive timber stands. Coles Creek’s configuration offers investors an opportunity to acquire a portfolio of investment-grade timberlands across Mississippi’s multiple market areas. Individually, the sale units are appealing as standalone timberland investments, each with their own unique attributes. |
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| Coles Creek Timberlands are being offered for sale through a single-stage, sealed-bid sale process with a bid date in late May. Bidders may bid on the entire portfolio or either of the two individual sale units. To receive an information package and register for the data room, please return a signed copy of the confidentiality agreement which you can access from the link below. |
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| For more information, please contact: |
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| Listed Exclusively with LandVest, Inc. in conjunction with Alan Mackey, Mississippi Broker |
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| LandVest, Inc. is a national real estate advisory firm with its southern headquarters in Atlanta, Georgia and additional offices throughout the South, Pacific Northwest, Northeast, and Lake States. |
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