Jun 23, 2009. /Lesprom Network/. The Hancock Timber Resource Group today announced the completion of the acquisition of approximately 75,000 acres of timberland in Georgia and Alabama from Austin Texas-based Forestar Group Inc., the company reported. The timberlands are located northwest of Atlanta near the Georgia-Alabama state line and are stocked primarily with southern pine. "We are very pleased to acquire these highly productive timberland properties on behalf of our investors," said Daniel P. Christensen, President, Hancock Timber Resource Group. "We continue to seek and secure excellent timberland transactions for our investors."