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What began in 1855 as a frontier logging operation in the Minnesota wilderness has evolved into one of the longest-standing family enterprises in the United States. Today, the Laird Norton name represents a company with diverse interests and more than 400 family shareholders. One of Laird Norton Company's most successful investments was in Lanoga Corporation, the nation's third-largest professional building materials dealer at the time. After 40 years of management, Laird Norton Company sold Lanoga Corporation in 2006, but retained the real estate assets, creating a national portfolio of 262 fully leased light-industrial, retail, and commercial properties in 23 states, owned and managed by the newly formed Laird Norton Properties. Today, Laird Norton Properties is the Laird Norton Company's largest investment, with holdings of more than $700 million distributed throughout the Midwest and the Western United States. Laird Norton Wealth Management, a Laird Norton Company investment, is a Seattle-based firm founded by clients for the benefit of clients. They remain independently operated and client-owned, growing into a major wealth management firm with nearly $5 billion in assets under management since 1967. Laird Norton Family Foundation, based in Seattle, WA, is a private foundation, created and governed by Laird Norton family members. The firm invests in capital-efficient businesses that have $3M to $15M in EBITDA with long-term dividend potential.
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