Pope Resources, a publicly traded limited partnership, owns or manages over 600,000 acres of timberland and development property in Washington, Oregon, California, and British Columbia. Allen E. Symington, chairman and CEO, recently promised shareholders a concentrated effort toward timberland ownership and management and away from residential development.
That statement was quickly followed by an announcement that the company was selling its popular resort at Port Ludlow, Jefferson County, to HCV Partners LLC. The deal includes the 37-room Heron Beach Inn, a 300-slip saltwater marina, a 27-hole championship golf course, conference center, commercial center, RV park, and restaurant/lounge.
Plum Creek, a real estate investment trust, is the fourth largest timberland owner in the nation, with timberlands and mills located in the Northwest, South and Northeast regions of the United States.
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