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Builders FirstSource

11.09.2023

Heartland represented Builders FirstSource as broker in the disposition of their 32-acre industrial property in Everett, WA. The property is situated on Everett’s Smith Island in the northeastern most corner and enjoys over 1,500 feet of waterfront along the Snohomish River estuary. To the west, the property is bordered by Highway 529 and is less than a mile from its junction with I-5. The four existing buildings on the property total approximately 94,000 square feet and are comprised primarily of warehouse space along with office and showroom spaces. As a result of Heartland’s successful marketing campaign strategies, the transaction was closed in 2023 for $14.71 million, nearly three times the appraised value.

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