Peter Buck Acquires 311,000 Acres of Maine Timberland
Peter Buck Acquires 311,000 Acres of Maine Timberland
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Subway cofounder Peter Buck increased his family’s substantial timber holdings in the Pine Tree State from 925,000 acres to 1,236,000 acres by acquiring 311,000 acres from Birmingham’s McDonald family. The acquisition elevates the former nuclear physicist from No. 9 to No. 7 on the Land Report 100 sponsored by Hayden Outdoors. By liquidating their Maine portfolio, the McDonalds dropped from No. 24 to No. 92. Their 163,000 acres are concentrated primarily in their home state of Alabama, where they own more than 123,079 acres, as well as in Oklahoma (32,313 acres), Texas (3,400 acres), and Florida (2,100 acres).
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