Lake Union View Office Offering-1910 Fairview Ave E. ("Property") Seattle, Washington
The undersigned has been advised that GVA Kidder Mathews ("GVAKM")
has been retained on an exclusive basis by Hart Crowser Properties ("Owner")
with respect to the sale of Property. Owner has indicated that all inquiries
and communications with respect to the contemplated sale of such Property be
directed to GVAKM.
GVAKM has available for review certain information ("Confidential
Information")
concerning Property. On behalf of Owner, GVAKM may make such Confidential Information
available to the undersigned upon execution of this Confidentiality Agreement.
The Confidential Information is intended solely for your own limited use in
considering whether to pursue negotiations to invest in Property. This is not
an agreement to sell the Property, nor an offer of sale. No agreement binding
upon Owner of Property, or any of its associated or affiliated companies, shall
be deemed to exist, at law or equity, until Owner of Property enters into a
formal binding agreement of sale.
The Confidential Information contains brief, selected information pertaining
to the business and affairs of Owner, and has been prepared by GVAKM, primarily
from information supplied by Owner. It does not purport to be all-inclusive
or to contain all the information which a prospective purchaser may desire.
Neither GVAKM nor Owner make any representation or warranty, expressed or
implied, as to the accuracy or completeness of the Confidential Information
and no legal liability is assumed or to be implied with respect thereto.
By executing this Confidentiality Agreement you agree that the Confidential
Information provided is confidential, that you will hold and treat it in
the strictest of confidence, and that you will not disclose or permit anyone
else to disclose the Confidential Information to any person, firm, or entity
without prior written authorization of Owner or GVAKM, except that the information
may be disclosed to your partners, employees, legal counsel, and lenders,
or pursuant to a court order. Owner expressly reserves the right in its sole
discretion to reject any or all proposals or expressions of interest in Property
and to terminate discussions with any party at any time with or without notice.
The undersigned hereby agrees to return the Confidential Information to GVAKM
immediately if negotiations are not pursued or upon cessation of any negotiations
or demand by GVAKM.
The undersigned parties hereby acknowledge that they have not dealt with
any broker other than GVAKM regarding the acquisition of Property, or if
they have, the undersigned parties hereby agree to indemnify Owner and GVAKM
against any compensation, liability, or expense arising from claims by any
other broker or other party (excluding GVAKM's listing team) in connection
with the sale of Property. In the event that a sales transaction closes between
Seller and Reviewing Entity, then Seller shall pay to Buyer's Broker / Selling
Office a commission of 1% of the selling price.