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FOR IMMEDIATE RELEASE:
2-28-06
BILLINGS, MT - Hall and Hall, Inc. is pleased to
announce the sale of the L.E. Peterson Ranch located in Stillwater
County, near the town of Columbus, 35 minutes from Billings. The L.E.
Peterson Ranch has over 14,000 contiguous acres and represents an
opportunity to purchase a great, scenic and convenient ranch that
supports increasing wildlife populations, offers numerous
recreational opportunities and an efficient livestock operation.
The property was offered at $6,000,000 with Hall and
Hall Director, Doug Hart representing the seller in the transaction.
Hall and Hall is celebrating its 60th anniversary this
year and experienced a record-breaking 2005 with ranch sales
exceeding $300 million.
"Such a large block of essentially deeded land, so
close to 'civilization' is a rarity," said Hart. "The ranch, which
has been in the same family for over 60 years, has well-distributed
water and has been under judicious management enabling only one
person to operate the ranch."
Founded in 1946 as an
agricultural mortgage company, Hall and Hall has become the largest
full-service rural real estate firm in the Rocky Mountain West and
Great Plains regions. A leader in its field, Hall and Hall manages
over 500,000 acres of land, services a loan portfolio of over $400
million and produces annual sales in excess of $240 million. A
unique partnership between its eight offices in Montana, Wyoming,
Idaho, Nebraska and Colorado ensures that each client receives local
knowledge and personal service as well as the international
perspective needed to make informed decisions regarding any aspect
of the purchase, sale, financing or management of a farm or ranch.
For additional information about Hall and Hall, contact the
company's headquarters in Billings, Montana at 406-656-7500 or visit www.hallandhall.com.
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