Pope Resources announced a $3.73 million conservation sale to the Washington State Department of Natural Resources, consisting of a conservation easement covering 7,800 acres in Skamania County, Washington.

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Pope Resources announces $3.73 million conservation sale

Pope Resources announced a $3.73 million conservation sale to the Washington State Department of Natural Resources, consisting of a conservation easement covering 7,800 acres in Skamania County, Washington.

The transaction was facilitated by the Columbia Land Trust. The land is retained in Pope Resources' ownership, subject to the easement that precludes development but allows continuing timberland operations.

"This is the culmination of over a decade of work with all of our partners in Skamania County to maintain working forests on the landscape," said Jon Rose, President of Olympic Property Group, a Pope Resources real estate subsidiary. "This effort strikes a unique balance of preserving timber production while allowing for recreation development, passive recreation use by the public, and protecting the most important habitat on the property, including spawning habitat for bull trout."

Pope Resources, a publicly traded limited partnership, and its subsidiaries Olympic Resource Management and Olympic Property Group, own and manage 119,000 acres of timberland and 2,000 acres of development property in Washington.