The Land Report

Winter 2015

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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I n 1841, the Merchant Prince of Salem, David Pingree, purchased his first tract of Maine timberland. Pingree had become interested in land when acquiring pine cargo, and he sensed that the heyday of the clipper ships was coming to an end. Pingree ended up purchasing land in more than 100 different Maine townships as well as a few in New Hampshire. Today, Pingree family land is owned by the fifth, sixth, and seventh generations of his descendants and is managed by Seven Islands Land Co. Pingree Heirs 830,000 acres 10 Approximately 80 percent of the Pingree holdings are under conservation easement. SHUTTERSTOCK 96 The LandReport | W I N T E R 2 0 1 5 LANDREPORT.COM The Land Report 100

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