Landmarks, Landowners, News Desk, Ranchland
- June 7, 2016
-
Views: 61
Ted Turner Acquires Dances with Wolves Ranch
Formerly known as the Triple U, the Standing Butte Ranch’s 46,000 acres are native prairie grassland that has never been scarred by disc or blade. After more than a half century of stewardship, the Houck family decided to sell their ranch and awarded the listing to Tom Metzger of Hall and Hall. Metzger’s colleague, Scott Shuman at Hall and Hall Auctions, began prepping for the sale, which was scheduled for last July in Fort Pierre. But in late June, Hall and Hall announced that the ranch would no longer go to auction; a single buyer had emerged. Ten weeks later, a succinct announcement out of Atlanta confirmed the new owner: “Turner Enterprises’ purchase of the property kept its size and scale intact, saving Standing Butte from being subdivided into multiple parcels at auction. Some of the parcels would have undoubtedly been plowed and farmed by new ownership, fragmenting the pristine native landscape.”
Read more about this 2015 Land Report Deal of the Year in the Spring issue of The Land Report.
Warning: Undefined array key 0 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
Warning: Undefined array key 1 in /home/domains/dev.landreport.com/public/wp-content/plugins/elementor-pro/modules/dynamic-tags/acf/tags/acf-url.php on line 34
RELATED ARTICLES
Sold! Climbing Arrow Ranch
By Lisa Martin As a 5-year-old, Cody Wetmore remembers looking down off the towering railroad trestle …
Midwest Cropland Pulls Back Three Percent
The Chicago Fed reports that farmland values in the Seventh District retreated three percent last …
Low Commodity Prices Push Land Values Down
Corn, soybeans, wheat, cattle, hogs – falling prices mean farm incomes lag across the Tenth …
Elk Creek Ranch Acquires Seven Lakes
For those who are passionate about outdoor pursuits, the next great adventure can’t come soon enough.