Pittsylvania County Industrial Development Authority Agenda 2026-05-20
IDA Considers $27.6M Land Deal with Hancock Timberland XII
Trusted by teams at
Description
The Pittsylvania County Industrial Development Authority is considering a purchase and sale agreement with Hancock Timberland XII, Inc. for approximately 2,500 acres at a purchase price of $27,551,475.00, including an earnest money deposit of $137,757.38 to secure site control until December 3, 2026.
Contract Details
Contract Amount
$27,551,475.00
Vendor
HANCOCK TIMBERLAND XII INC
Agency
Pittsylvania County, VA
Contract Type
OTHER
Document Date
May 20, 2026
Contract Term
Site control until December 3, 2026 during due diligence period
Renewal Date
2026-12-03
Renewal Info
Site control until December 3, 2026. Purchase subject to due diligence period; no automatic renewal or extension stated.
More from HANCOCK TIMBERLAND XII INC
Related Contracts
Pittsylvania County Industrial Development Authority Agenda Packet 2026-06-17
AWARDEDPittsylvania County Industrial Development Authority Agenda Packet 2026-06-17
APPROVEDPittsylvania County Industrial Development Authority Agenda 2026-05-20
PENDINGPittsylvania County Industrial Development Authority Agenda Packet 2026-05-20
PENDINGPittsylvania County Industrial Development Authority Agenda Packet 2026-05-20
PENDINGMore from Pittsylvania County
Pittsylvania County Industrial Development Authority Agenda Packet 2026-06-17
Pittsylvania County Industrial Development Authority Agenda Packet 2026-06-17
Pittsylvania County Industrial Development Authority Agenda Packet 2026-06-17
Pittsylvania County Industrial Development Authority Agenda Packet 2026-06-17
Pittsylvania County Industrial Development Authority Agenda Packet 2026-06-17
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.