Dhruv Agarwal Of Landmark Event Acquires Seattle's Pier 70 Office From Triad Development For $11M

The property asset involved in this transaction is located at 2801 Alaskan Way in Seattle, WA. It is an office asset with a sale price of $11,000,000 and encompasses a total square footage of 107,400, resulting in a price per square foot of $102.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $11,000,000
• Buyer: Dhruv Agarwal - Landmark Event
• Seller: Triad Development
• Square Footage: 107,400
• Price Per Square Foot: $102
• Market: Seattle, WA

Key individuals involved in the transaction include Dhruv Agarwal, representing Landmark Event, which aims to convert the historic Pier 70 into an AI startup incubator. Triad Development served as the seller in this transaction. Plans for the site include the preservation of existing retail and office tenants while updating the infrastructure to support its future use.