Lowe has acquired Jefferson Plaza, a 517,305-square-foot office complex in the Crystal City area of Arlington, Va. Lowe acquired the property from Equity Group Investments LLC on behalf of an investment client.

Lowe has acquired the Inn and Spa at Loretto, a 134-room luxury boutique hotel in the heart of downtown Santa Fe, for $47.5 million. The firm plans to invest an additional $6.2 million in interior and exterior renovations. LEI acquired the hotel from Noble House Hotels & Resorts, Inc., on behalf of an investment client. The property also includes existing entitlements for additional guest rooms and ballroom/meeting space.

In partnership with O’Connor Capital Partners, Lowe acquired two adjacent properties totaling approximately nine acres on Scott Boulevard in Santa Clara from Deerfield Realty and Pace Properties for $20.5 million. The sites currently are developed with two older, single-story office/R&D buildings totaling 114,000 square feet. The partnership will immediately begin seeking entitlements to redevelop the combined properties into a six-story, 215,000-square-foot Class A office building.

Lowe Enterprises and Buchanan Street Partners have acquired 3D/International Tower, a 406,415-square-foot, Class A office tower at the intersection of San Felipe and the West Loop, one of the area’s most visible intersections. The property is approximately 90 percent leased to top-tier businesses such as Parsons/3D International, Transwestern and Arthur J. Gallagher.

Lowe acquired this existing, fully leased 81,933-square-foot industrial building along with 19.4 acres entitled for the development of up to three additional buildings in the Tuscany Center at Walnut Creek from McShane Corporation. McShane Corporation is partnering with Lowe in the transaction to maintain an ownership interest and will serve as development manager.

A joint venture between Lowe and Blue Vista Capital Management has acquired the Tanager Meadows and Lark Haven Apartments, two 264-unit apartment complexes operated as a single community in southeast Colorado Springs, Colo., for $31,250,000 from Sevo Miller. The joint venture will invest an additional $1.3 million in modernizing and improving the apartment community, which was built in 1985, renovated in 2002 and 2005, and currently is 92 percent leased.

In one of the largest hotel acquisitions in Washington, D.C. history, Lowe Enterprises and Canyon-Johnson Urban Fund purchased from Hilton Hotels Corporation the iconic Hilton Washington hotel near Dupont Circle for $290 million. The new ownership team will invest in excess of $100 million in a top-to-bottom renovation of the legendary hotel that has been the site of prestigious gatherings hosted by U.S. presidents, world leaders and other prominent figures since opening in 1965.

Lowe acquired The Shores Resort & Spa, a 212-room luxury oceanfront resort in Daytona Beach Shores, Fla. for $39.8 million. The property was purchased from Noble House Hotels & Resorts, Inc. on behalf of Lowe Hospitality Investment Partners, a $266 million discretionary fund that invests solely in hotel and resort properties.

In a joint venture with Virtú Investments, Inc., Lowe has acquired the 100-unit Helix at University Village, a student housing property serving the Western University of Health Sciences in Pomona, Calif. LEI made the $15 million apartment acquisition on behalf of Lowe Enterprises Real Estate Income and Growth Partners, a $201 million value-added investment fund that targets commercial and multifamily investments nationwide.

Lowe has acquired the Sheraton Universal Hotel, a prominent 436-room hotel in Universal City, for $122 million. The property was acquired from a venture consisting of affiliates of Walton Street Capital LLC and SCS Advisors, Inc on behalf of Lowe Hospitality Investment Partners, a $266 million discretionary fund that invests solely in hotel and resort properties. Lowe plans to invest an additional more than $20 million for a comprehensive top-to-bottom renovation.

In a joint venture with Intrepid Residential, Lowe Enterprises Investors has acquired The Honey Tree Apartments, a 388-unit apartment community in the premier west side market of Richmond, VA. The joint venture will invest an additional $4.8 million in modernizing and improving the apartment community, set on more than 28 acres.

Lowe acquired this 85,000-square-foot office building in the Inverness Business Park for Lowe Enterprises Real Estate Income and Growth Partners. The four-story building, acquired from Alliance Commercial Partners for $13.8 million, is adjacent to a 138,000-squarefoot building Lowe purchased in September. The property is 100 percent leased to top-tier firms including Smith Barney, Comverse Technology, and Newmont USA.

Lowe has acquired the 135-room Hotel Icon, a luxury boutique hotel in the heart of the historic district in downtown Houston. LEI acquired the property on behalf of Lowe Hospitality Investment Partner. Formerly the Union National Bank Building, a 12- story tower built in 1911 with classical architectural design, it was redeveloped and opened as the Hotel Icon in 2004.

Lowe has acquired the Orrington Plaza complex comprised of a 308,695 square foot, 20-story office tower and a 31,357 square foot, two-story retail building. The acquisition of this premier downtown Evanston property from Commonfund Realty and Golub & Company continues Lowe’s expansion in suburban Chicago markets.

This 138,000-square-foot office building in the Inverness Business Park was acquired for Lowe Enterprises Real Estate Income and Growth Partners. The $19.2 million acquisition from US Property Fund GmbH & Co. KG of the four-story building located was the firm’s second 2006 office building purchase in the premier southeast Denver area.

This premier waterfront masterplanned project in San Francisco is fully entitled for development of a six-story, 300,000-square-foot office building. The foundations are already in place providing Lowe the ability to complete the building by early 2008.

Lowe acquired this 160,000-square-foot office building in the Inverness Business Park from Qwest Communications on behalf of an investment client.