JPMorgan’s Campbell Global Expands Forestry Acreage in Pacific Northwest

JPMorgan’s Campbell Global Expands Forestry Acreage in Oregon’s Pacific Northwest

JPMorgan’s Campbell Global Expands Forestry Acreage in Oregon’s Pacific Northwest

By Gerelyn Terzo, Global AgInvesting Media

Campbell Global, the timberland investment arm of J.P. Morgan Asset Management, has expanded its footprint in one of the most productive forestry corridors on the planet with the acquisition of Emerald Ridge in Oregon’s Pacific Northwest. The roughly 28,200 acre property stretches across the state’s north coastal and Willamette Valley regions, areas characterized by their growing conditions, market access and long term asset value, positioning the investment within the Pacific Northwest’s notable timber economy.

Beyond scale, the acquisition highlights Campbell Global’s emphasis on sustainable forestry and local community engagement. Emerald Ridge is known as both a high-quality timber asset as well as a platform for responsible management that supports regional jobs and communities while maintaining working forestland for future generations.

Angie Davis

Campbell Global Managing Director and CEO Angela Davis stated, “We are pleased to be adding Emerald Ridge to our portfolio. Oregon is home to some of the highest quality forestland in the world and this transaction demonstrates our team’s expertise and ability to acquire top-tier properties on behalf of our investors.”

Emerald Ridge encompasses a dynamic forest ecosystem comprising approximately 8.5 million trees across diverse age classes and species, including Western hemlock, Douglas fir, Sitka spruce, Red Cedar, and Red Alder. This forestry mix supports immediate harvest potential alongside long-term forest productivity, creating a stable foundation for ongoing operations.

Campbell Global will manage the property under Sustainable Forestry Initiative (SFI) standards, a framework that aligns with the firm’s emphasis on responsible practices, environmental stewardship and community involvement. The acquisition is expected to maintain living-wage jobs in nearby Oregon communities, bolstering the economic role of these working forests.

Emerald Ridge’s natural resources add another dimension, blending ecological richness with investment appeal. The property features over 365 miles of perennial and intermittent streams alongside 3,100 acres of riparian buffers that preserve water quality and support aquatic habitats. The acquisition further protects key wildlife areas, reserving nearly 400 acres for at-risk species such as the northern spotted owl, bald eagle, great blue heron, osprey and marbled murrelet.

Campbell Global has established a strong footprint as an active investor in the Pacific Northwest. In December 2024, the firm acquired Tyee, approximately 40,800 acres of commercial timberland on Washington’s Olympic Peninsula, further strengthening its regional presence, delivering sustainable forestry solutions to institutional clients over more than four decades. Like Emerald Ridge, the Tyee transaction emphasized SFI-certified management, robust protections for streams and habitats, and a balanced pursuit of timber production alongside climate-positive outcomes.

Campbell Global is a Portland, Oregon based timberland investment manager with more than four decades in the sector. The firm has managed over 5 million acres on behalf of institutional investors such as pension funds, foundations and family offices, and as of year-end 2024 it oversaw $10.1 billion in assets across 1.4 million acres. Earlier this year, it closed its Forest & Climate Solutions Fund II at $1.5 billion, with additional separate account capital buoying the total to roughly $2.3 billion, marking one of the largest capital raises yet for a timberland strategy focused on both investment returns and climate outcomes.

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