If I'm correct, I think I read the same article, but they are selling land all over the southern states that make up that large amount of acreage. I believe only a small portion of the 450,000 acres is coming from LA. Most of it is located in Tennessee or Carolina I believe. The picture in the article was of property bordering a river somewhere in LA.
only 440 acres are in louisiana from the 218ooo acres in the south--since nature conservancy has been around it has bought 144000 acres in la.--this organization normal buys land until the fed. or state governments get the monies to buy it back for public lands--if more interested look up on the net---use yahoo search engine and look up nature consevancy
I read a article in BR's Advocate that said 560,000 acres will be sold by international paper in Louisiana. With 180,000 acres alone in Lasalle Parish. I am sure the purchasing company, Timberstar, isn't interested in maximizing income from the land and wouldn't even consider raising lease rates.