LEE IN THE NEWS: Lee & Associates retained by J.F. Alexander Lumber Company LLLP to market 4,000 Acres
February 10, 2022 (Atlanta, Georgia) – The J. F. Alexander Lumber Company LLLP, owner of 4,000 +/- acres of land between Atlanta and Columbus, Georgia, has exclusively engaged Jim Ramseur, Executive Vice President and Partner with Lee & Associates – Atlanta for the disposition of these various land holdings. These lands are part of a 60,000 +/- acre portfolio that have been under a 65-year timber lease. During that time, the lands were managed under best management practices (BMPs). The properties range in size from 50 acres to over 600 acres, with some having waterfront access to the Flint River and others with long range views, hardwood and pine plantation, creeks, and paved access.
Choosing the right firm to handle the sale of the properties was a major concern for Frank Alexander, Managing Member for the family land. Jim Ramseur & his team, however, became the best choice for the family due to how well he handled various transactions over the past several years. One transaction, in particular, was the sale of 2,270 +/- acres along the Flint River to the State of Georgia DNR. In this transaction, Jim worked with Frank Alexander, Managing Member for the family, to receive naming rights to a Wildlife Management Area for use in perpetuity to the general public.
Many of these properties are in the path of growth and better suited for uses other than lands for timber production. Jim Ramseur of Lee & Associates – Atlanta stated, “With the increase of population and commercial activity from Peachtree City to the North, LaGrange to the West, and Columbus to the South, these properties are being sought after at a pace never seen before.”.