LandVest opens data room on Project Clover, some 65,646 acres of timberland in California, Oregon and Washington it is marketing for Manulife Investment Management; bids are due Oct. 10

Sample article from our Forestry & Timberland

OLYMPIA, Washington , August 16, 2023 (press release) –


65,646± Acres in California, Oregon & Washington

On behalf of Manulife Investment Management Timberland and Agriculture, Inc (MIMTA), LandVest is pleased to present Project Clover, a three-state portfolio totaling 65,646± acres including four premier forest investment opportunities in some of the most productive regions of California, Oregon, and Washington. The Units in this offering showcase some of the best forests in the West. The four offerings, described below in more detail, include McCloud Timberlands in Northern California, Lincoln Timberlands in coastal Oregon, and Sacajawea Timberlands East and West—both in southwestern Washington. 

Click here for the interactive web map.

McCloud Timberlands, totaling 20,010± acres, is located in Siskiyou and Shasta counties in Northern California. This is a well-managed forest, with exceptional growing conditions and market access. The operational attributes are extremely favorable with a trifecta of low haul costs to local mills, gentle to moderate slopes conducive to low harvest costs, and very low site prep and reforestation requirements following an uneven-aged harvest regime.


Lincoln Timberlands is 11,004± acres located along the Siletz River in coastal Oregon, almost entirely within Lincoln County. This opportunity is comprised of approximately 20 separate tracts between Lincoln City to the north, and Waldport to the south. The multi-conifer species growing sites on this property are outstanding and are known to produce some of the finest Douglas-fir in Oregon. The management of the property illustrates an effective even-aged, sustained harvest forest in a coastal environment. Transportation off-property essentially flows to Highway 101 for short hauls to a highly robust marketplace with several regional mills.


The 34,632± Sacajawea Timberlands are part of the former Cavenham Industries ownership in Pacific and Wahkiakum counties. This region of Southwest Washington contains some of the finest and fastest timberland growing sites in North America. Both Douglas-fir and hemlock thrive in this environment, along with other whitewood species. The property is managed on an even-aged basis, offering some of the shorter rotation ages in the West. Ample opportunities exist for both domestic and export markets at extremely competitive hauls. The property is being offered in two Units: Sacajawea East at 20,510± acres, and Sacajawea West at 14,122± acres. 

Each Unit of this offering provides meaningful climate solution opportunities to the owner. Exceptional carbon growth can be monetized or utilized by a buyer to achieve personal or corporate sustainability goals. There are strategies for public access, social impacts, wildlife habitat improvement, water quality preservation, and conservation management in sustained harvest working forests.


“Good Stewardship is Good Business” is a foundational principle for Manulife. These beautiful and grand forests are evidence of the truth of, and adherence to, that essential belief. On November 1, 2016, MIMTA (f.k.a. Hancock) celebrated the planting of its first billionth tree on one of its sustainably managed forests around the world. That Douglas fir tree is growing and prospering in the McCloud Timberlands.


The offering will be available in whole, by investment package, or any multi-package configuration via a single-stage bid process. A full suite of resource and investment data will be available to a qualified bidder who submits a Non-Disclosure Agreement. Bids will be due at 1:00 PM PDT Tuesday, October 10, 2023.

Click here to download the Non-Disclosure Agreement



For more information, please contact:

Samuel Porter

Managing Director

(541) 810-3882

Weikko Jaross

Director, Forest Informatics

(360) 292-2027

Joseph Taggart


(603) 227-2419

Colleen Anderson

Oregon & Washington Broker

(229) 815-0268

Aric Cena

California Broker

Alpine Realty

(530) 859-3472


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