114 Pike Street

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114 Pike Street

Location
Seattle, WA
Use
Commercial / Retail
Tenants
Hard Rock Cafe USA LLC

Overview

Acquired by a KLM affiliate in May 2016 in a joint venture with Harlington Realty LLC, the property sits near the entrance to Pike Place Market and its 10 million annual visitors.

Architecture

The building’s value is inseparable from its street condition: visible, touristic, and embedded in Seattle’s Pike-Pine retail movement.

History

Net leased to Hard Rock Cafe USA LLC, 114 Pike Street represented KLM’s first acquisition in the Seattle market.

Cultural context

The asset extends the portfolio beyond New York and Los Angeles while keeping the same idea intact: location as cultural traffic.

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