The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.
Issue link: http://landreport.epubxp.com/i/98309
A National Roundup of Rural Real Estate News PACIFIC PACIFIC Waite Phillips George Lucas Shelves 112-Acre LA Plans Movie Studio Estate On the Block for Grady Ranch Located in Mandeville Despite great effort, the Canyon, the acreage had Marin County landowner been to sway opponents failed listed for $65 million. Currently listed saw Hilton of his studio. He withmore & Hyland, the more traffic. jobs. They sawauction is set for loses. EveryoneNov. 30. SOUTHWEST SOUTHWEST Clean Energy Buys Arizona Governor General Electric Vetoes Legislation MicroLNG Plants Seeking Federal CLNE Landsmakes a strategic acquistion to meet the The bill demanded Uncle growing over title to Sam turndemand for LNG at its network of natural 48,000 square miles of gas fueling stations from public lands. Jan Brewer coast to coast. respectfully declined. WEST WEST Royal Gold Reports Sporting Ranch Record Results for Capital Management 1Q FY Debuts2013 Increased production Jay Ellis will topline the helped to drive royalty Dallas-based private revenues as which stoke equity fund, well as focuses shares of Denver-based on undervalued ranch RGLD ($87). Merrill properties across theLynch issued a $95 price target. Rocky Mountain West. GREAT PLAINS GREAT PLAINS Denbury to Sell Waurika Farms Bakken Assets Sells at Auctionto ExxonMobil for $11M DNR will receive $1.6B Hall & Hall Auctions sold for Drummond family's the North Dakota and Montana assets. operaOklahoma cattle XOM will for throw in operattion also$1,833 per acre, ing above pre-sale wellinterests in fields in Texas and estimates. Wyoming. GREAT LAKES GREAT LAKES Michigan Voters $17.3M Easement to Reject 67,347 Protect25 By 25Acres Renewables Mandate in Wisconsin Proposal 3, which would The state's DNR has extinhave required the state's guished development utilities to derive at miles rights on 100 squareleast 25% of retail electric sales of forestland straddling from renewables, failed by the Mississippi and Great a decisive 63% to Lakes watersheds.37%. SOUTH SOUTH Demand and American Forest Disasters Bolster Management Buys Timber Stocks International Shares of Nashville-based Forestry Consultants Louisiana-Pacific (LPX) AFM currently manages are up more than 100% 4.5M acres of privately this year as housing starts owned timberland. The acjump and Sandy's it into quisition launches toll continues Northwest. the Pacific to skyrocket. NORTHEAST NORTHEAST Superstorm Nantucket's Sandy to Have Lasting Swain's Neck on Effect on Waterfowl Market for $59M Parched sale of the The 1997wetlands were replenished by to Category 68-acre estatethe Russell 1 hurricane, but flocks Phelon set a New diminished to even lower England record. Gary numbers as ducks scatWinn at Maury People tered to avoid the storm. Sotheby's has the listing. MIDWEST MIDWEST Despite Drought, Farmland Values Farmers Enjoy Continue to Climb Record Profits in Seventh District Thanks to worldwide The Chicago Fed reports demand for grain, Iowa that farmland values in land values have tripled this key agricultural belt since 2008. This year's continued their climb in profits are the highest 1Q. Complete details on in history. pages 24-25. COMPILED BY STEPHEN O'KEEFE, CFA 14 TheLandReport | WIN TER 2012 LANDREPORT.COM