March 19, 2014

Pope Resources has announced a $6.8 million sale to Richmond-American Homes, which involves 63 single-family lots in the northern portion of the Partnership's Harbor Hill project in Gig Harbor, Wash.

"This is the second bulk sale of fully developed single-family lots we have closed on thus far this quarter," said David L. Nunes, president and CEO. "We look forward to additional residential lot sales from our Harbor Hill project over the coming months and years as the project matures and enjoys increased interest from merchant builders."