LandRadar.com by Close-Converse
2013 Sales: < $50 Million
Who: Potlatch Preferred Broker specializes in hunting, recreational, and agriculture properties in North Central Minnesota. Many of the properties are for Potlatch Corporation and other clients. Sales sizes range from less than 40 acres to 5,000 acres.
Wow: Closed a 1,000-acre recreational tract. This transaction stood out because the firm assisted the seller in attaining an Army Compatible Use Buffer easement on the property, an effort that included multiple agencies.
Insight: “The North Central Minnesota market has shown strong growth in the number and size of the transactions,” Rod Osterloh says. “We expect a very active 2014 for sales and pressure on prices to increase as the year goes on.
Pictured Above: This 317± acre tract presents a rare opportunity to own a large expanse of acreage in Moose Lake Township and a short drive from Pequot Lakes in the Brainerd Lakes Area. Formerly in the Sustainable Forest Incentive Act, this tract offers mature trees, gently rolling terrain, and Stony Brook frontage.
Download the Summer 2014 edition of The Land Report for the complete listing of our fourth annual survey of the country’s leading real estate firms specializing in land.