Domain Timber Advisors LLC, a subsidiary of Domain Capital Group LLC, has acquired nearly 3,400 acres of timberland in Alabama and Georgia.
“These acquisitions offer immense potential through diverse management opportunities and harvest capacity as timber product demand remains strong in the Southeast,” said Joe Sanderson, managing director and CEO of natural resources at Domain Timber Advisors. “In addition, the accessibility of the south Alabama property and the river frontage of the middle Georgia tracts allow for higher-and-better land use sales.”
Located approximately 40 miles northwest of Mobile, the “Walley” property is comprised of two tracts of young longleaf and loblolly pines totaling 1,360 acres. In addition to the timber, the longleaf pines offer an opportunity for pine straw production.
The Georgia property is 2,029 acres along the Flint River and Potato Creek, south of Atlanta. The site has an extensive history of timberland management.
“These new assets are prime examples of Domain’s recognition and sourcing of value opportunities in lower to middle tier land markets,” said Peter Walker, vice president of investments and timberland assets at Domain Timber Advisors.
Domain Timber Advisors currently manages more than 264,000 acres of timberland.
Domain Capital Group LLC, a private investment management services, and its subsidiaries are based in Atlanta, and as of March 31, 2022, Domain managed approximately $8.2 billion in total assets through its subsidiaries, Domain Capital Advisors and Domain Timber Advisors.