Properties
The Corrigan property
is approximately 22,000 acres located in East Texas. The property is located 95 miles NE of Houston and 200 miles SW of Dallas. It consists predominately of loblolly pine plantations with a small component of natural pine, natural pine/hardwood and natural hardwood stands.
The investment strategy for the property includes even age management of high-quality pine plantations utilizing intensive forest management practices including chemical site preparations, weed control treatments, fertilization and periodic thinnings to accelerate timber plantations. Short rotations of 25 to 27 years on pine plantations provide for cash flow to meet operational expenses and cash distributions.
Timber markets in the region are deep and well established. There are numerous large and small sawmills, pulp mills, and plywood mills reachable from the property. The timber on the property has a well balanced age distribution suited for sustainable yield. In addition to timber sales the property generates revenue from hunting leases. Some of the acreage on the property will be converted to higher and better use as recreational property to investors from surrounding metropolitan areas including Dallas and Houston.
is approximately 22,000 acres located in East Texas. The property is located 95 miles NE of Houston and 200 miles SW of Dallas. It consists predominately of loblolly pine plantations with a small component of natural pine, natural pine/hardwood and natural hardwood stands.
The investment strategy for the property includes even age management of high-quality pine plantations utilizing intensive forest management practices including chemical site preparations, weed control treatments, fertilization and periodic thinnings to accelerate timber plantations. Short rotations of 25 to 27 years on pine plantations provide for cash flow to meet operational expenses and cash distributions.
Timber markets in the region are deep and well established. There are numerous large and small sawmills, pulp mills, and plywood mills reachable from the property. The timber on the property has a well balanced age distribution suited for sustainable yield. In addition to timber sales the property generates revenue from hunting leases. Some of the acreage on the property will be converted to higher and better use as recreational property to investors from surrounding metropolitan areas including Dallas and Houston.
