Domain Timber Advisors acquires 1,672 acres in Troup, Heard counties

Published 5:39 pm Sunday, March 27, 2022

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Domain Capital Group, LLC, a comprehensive private investment management services firm, today announced its subsidiary, Domain Timber Advisors, LLC, finalized the purchase of 1,672 acres of timberland in west Georgia, expanding the firms’ Southeast timber portfolio, according to a press release.

The purchase includes two tracts of abundant timberland — called “Whitewater Creek” in Heard and Troup counties — within 10 miles of the I-85 corridor and 60 miles southwest of Atlanta. The property, rich with young loblolly pine, creates a prime opportunity for sustainable forestland management and higher-and-better use land sales due to its extensive road frontage, multiple access points, and the area’s burgeoning population.

“We believe this investment presents a promising opportunity as timber prices continue trending upward and are forecast to maintain positive growth in 2022,” said Joe Sanderson, managing director and CEO of natural resources at Domain Timber Advisors. “Demand-driven competition, supply chain issues and tight timber supplies are expected to keep spot-prices above average in many regions. As such, timber values should remain positive for the foreseeable future and competition for raw materials are projected to yield attractive returns for timberland owners.”

Domain Timber is continuing to research opportunities for additional, strategic acquisitions in the Southeast to help meet the region’s exceptionally strong demand for lumber and other wood products, according to the press release. The Whitewater Creek acquisition brings the total acreage of timberland under the company’s management to more than 260,000 acres.