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EVERETT, WA-Schnitzer Northwest sells the 220-unit Hearthstone at Merrill Creek to an affiliate of Seattle-based Security Properties. The per-unit price of nearly $105,000 per unit is the highest ever recorded in the south Everett submarket.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!