SOLD-Project Skyline

Project Skyline is an investment grade timberland package totaling approximately 17,746 gross acres located in King and Snohomish Counties, Washington. It was offered for sale by AFM Real Estate via a single-stage, closed bid process, and the property has since been sold.

The offering was conducted as a single-stage, closed bid process with bids due by 12:00 PM on September 4, 2024. Bids were only considered for the entire offering, meaning offers on a subset of the property were not accepted.

The property features a diverse planted softwood age class distribution and is situated near Puget Sound, providing access to well-established domestic mills, export facilities, and re-load yards. This combination supports both immediate and long-term cash flow from timber operations. Additionally, its proximity to Seattle, a well-established recreation program, and a conservation easement that preserves views of the Cascades and Puget Sound Basin added to its appeal.

Yes, the property includes a conservation easement. This easement is designed to ensure that unspoiled views of the Cascades and Puget Sound Basin are preserved for generations to come.

The listing was handled by Fred Sperry, a Professional Forester and Land Broker with AFM Real Estate. Fred has more than 40 years of experience managing forests throughout the Pacific Northwest and over 25 years of direct involvement in forest land transactions. He was honored with the Top National Producer Award for 2024 by the Realtors Land Institute and is a licensed real estate broker in Oregon, Washington, and Idaho.

AFM Real Estate expanded its Pacific Northwest presence when Fred Sperry and his wife Jean, founders of Northwest Forest Properties, merged their operations with AFM Real Estate in 2022. This merger was intended to broaden services for buyers and sellers of forest, rural, recreation, and conservation lands across the Northwest.