POULSBO, Wash., Dec. 27, 2016 /PRNewswire/ -- Pope Resources (Nasdaq: POPE) announced today recent sales totaling 127 single-family lots from its Harbor Hill project in Gig Harbor, Washington for a combined $14.3 million. The buyers were three different merchant builders: Quadrant, Azure Northwest, and MainVue. Harbor Hill is a mixed-use planned community consisting of residential, retail, business park, and commercial properties.
"We are pleased to add two new builders to Harbor Hill and close out the year with these sales that bring our project-to-date single-family lot closings to 388, or 70%, of the project's total of 554," said Tom Ringo, President and CEO. "Merchant builder response to our project remains strong, reflecting favorable retail home-buyer interest in both Harbor Hill and the broader Pierce County residential market."