SRES & EDGE CAPITAL MARKETS CLOSE ON 40k+ aC OF TIMBERLAND
Joe Fleming, SRES Agent, in Collaboration with Edge Capital Markets (“Edge”) Closes 40k+ Acres in Southeast TX
DALLAS, TX – Sealy Real Estate Services (SRES) and partner Edge Capital Markets (“Edge”) successfully brokered the sale of approximately 41,139 acres of timberland in Southeast Texas' Piney Woods. 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 of SRES 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.
About Sealy Real Estate Services (SRES): Sealy Real Estate Services, the Shreveport, Louisiana based brokerage division of Sealy & Company, is one of the leading commercial brokerage firms in North Louisiana. 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.
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. 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.