The property, known as Camp Swampy, was owned for more than 20 years by Steelcase, which allowed employees to use it for camping and other recreational uses. A 150-acre campground area that was part of the retreat was not included in the deal, though Steelcase continues to look for a buyer. Steelcase put the land up for sale about a year ago, saying that few employees used the property and that the company needed to focus on its core manufacturing operations.
The Arlington, VA-based Nature Conservancy said it was assisted in the purchase by two foundations. The Wege Foundation, a Grand Rapids organization created by Peter Wege, a retired vice chairman of Steelcase whose father co-founded the Grand Rapids-based company, provided a $500,000 no-interest loan. The Fremont Area Community Foundation supplied a no-interest loan of $415,000 plus $155,000 in grants.
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