 |
| Micha van Marcke |
DALLAS, TX –– Edge Capital Markets
("Edge") and Sealy Real Estate Services ("Sealy")
successfully brokered the sale of approximately 41,139 acres of timberland in
Southeast Texas' Piney Woods. The price was not disclosed.
 |
| Mart Martindale |
This large-scale transaction, which spanned
96 tracts across Trinity, Polk, San Jacinto, and Montgomery Counties, featured
over 2.3 million tons of merchantable timber consisting mostly of managed pine
plantation.
The buyer, SE Texas Opportunity Fund,
LLC, led by Managing Partner Christopher Boone, secured the portfolio after a
highly competitive national bidding process, which attracted substantial interest
from a diverse pool of investors.
Mart Martindale, Managing Principal at Edge, described the
sale as a “once-in-a-lifetime acquisition opportunity” and acknowledged the
challenges inherent in such a monumental disposition.
Stapleton Group was the receiver for
the land, which had been held for generations and was actively managed by
F&W Forestry Services and American Forest Management.
 |
| Joe Fleming |
Joe Fleming of Sealy noted "the market's
valuation of the raw land exceeded our expectations and emphasizes the growing
momentum of timberland as an asset class, particularly in East Texas."
The national interest was
considerable, culminating in a best-and-final bidding round. "The level of
attention this property received was remarkable, and it stands as one of the
largest transactions Edge has brokered to date," added Edge Principal Micha
van Marcke.
In a separate transaction, the seller
also completed the sale of 411 acres on FM 1097 in Montgomery. This parcel,
located near scenic Lake Conroe and across from the Bentwater master-planned
community, was sold to J. Alan Kent Development for a planned residential
development of 1,000 to 1,200 lots.
 |
| Charles Blaschke |
Charles Blaschke and Logan Havel of Edge Realty
Partners represented the seller, Forest Timber, Ltd., while David Alexander
and Josh Cheatham of Newcor represented the buyer.
“With Conroe nearly built out, Montgomery
has become the hub of residential growth north of Houston,” said Blaschke, Vice President at Edge. “Residents in these communities can live,
work, and play without the stress of long commutes or overcrowding.”
About Edge Realty Partners
Founded in 2009, Edge Realty Partners is a leading commercial real
estate firm providing strategic brokerage, investment sales and development
services across the nation.
 |
| Logan Havel |
With offices in Dallas/Fort Worth, Houston,
Austin/San Antonio and Phoenix, the platform exclusively represents more than
300 tenants and over 16.5 million square feet of commercial space.
Edge has closed more than $7.5 billion in investment sales and has
over $2.4 billion in development experience.
About Sealy Real Estate Services (SRES)
Sealy Real Estate Services, a division of Sealy & Company in
Shreveport, Louisiana, is one of the leading commercial brokerage firms in
North Louisiana.
 |
| David Alexander |
Since 1946, the firm has been providing
expert sales, leasing, and consulting services, specializing in industry
sectors, such as commercial, industrial, and investment real estate. Backed by
over 300 years of combined experience, the company remains dedicated to
enhancing client investments.In
addition to traditional commercial real estate sectors, SRES has brokered over
250,000 acres of rural land transactions across the Southeast U.S., focusing on
investment-grade timberland and large agricultural properties.
Their clients include individuals, TIMOs,
and institutions. SRES maintains industry affiliations with organizations like LFA, NAR, NWLAR, LACDB, LAR, FLA,
TFA, and SAF, and regularly collaborates with national corporations and forest
service agencies.
 |
Josh Cheatham
|
CONTACT:
David Ebeling
Ebeling Communications
949.861.8351
949.278.7851 (Cell)
david@ebelingcomm.com
Member of the National
Association of Real Estate Editors (NAREE)
“PR Strategist for the
Commercial Real Estate Industry: I do what I love and love what I do.”
