Minnesota: Forest capitol sells 3,185 acres to Nature Con.

Portland‘s Forest Capital Partners has sold 3,185 acres on two dozen parcels of land in Minnesota to the Minnesota chapter of The Nature Conservancy. The purchase price wasn’t disclosed. Forest Capital Partners is a private forest landowner that acquires and manages more than 2.1 million acres of working forests across North America, including more than 290,000 acres in northern Minnesota.

It has regional offices across the country. “Forest Capital Partners was dedicated to working cooperatively with The Nature Conservancy to complete this project. This sale demonstrates the compatibility of environmental, recreational and economic interests,” said Bev Rinke, Land Sales Manager for Forest Capital Partners in Minnesota. The Nature Conservancy wanted to buy the land to prevent development. The parcels are adjacent to either private forestland that has been conserved or publicly-owned forests. http://www.bizjournals.com/portland/stories/2008/12/15/daily41.html

Posted via email from Deane’s posterous

Leave a comment

Your comment