Large Timber Tracts Sell for $37.5 Million in North Central Florida
Marion County, Florida
Amid a growing demand for Timberland, SVN | Saunders Ralston Dantzler brokered the $37.5 M sale of two large timber tracts in North Florida’s Marion County. The two-property deal consists of the 7,114-acre Gooski Timberlands and the 5,598-acre Fort McCoy Timberlands. The deal, which closed on December 28, 2022, represents one of the largest timberland transactions in Florida in recent years.
Investors across the nation have understood the rapid demand growth that timberland has experienced over the past few terms. This development is not unknown to land brokerages. In the past year alone, SVN | SRD brokered over $81.5 million in timberland transactions representing over 13% of the firm’s total transaction volume.