Welcome to Lowe Enterprises News Center. Media inquiries please contact Jann Diehl, Lowe Enterprises, 310-820-6661.
Lowe Debuts The Garey Building in L.A Arts District  | 7.20.2016
Lowe Enterprises has completed development of The Garey Bldg., a 320-unit apartment community developed on a 2.9 acre site spanning from 1st to 2nd Streets east of Alameda Street in the burgeoning Arts District of downtown Los Angeles. The development is a joint venture between Lowe Enterprises, Megatoys, which has owned the property for more than 20 years, and institutional investors advised by J.P. Morgan Asset Management.
Lowe and NREA Complete Development of The Hepburn  | 7.8.2016
Lowe Enterprises, in partnership with National Real Estate Advisors, has completed development and has begunleasing for The Hepburn, located on Connecticut Avenue next to the Washington Hilton. This one-of-a-kind 12-story, 195-unit luxury community showcases an iconic curved glass curtain wall facade and features studio, one-, two-, and three-bedroom residences.
Lowe Enterprises Investors Acquires Hampton Inns  | 6.9.2016
Lowe Enterprises Investors (LEI), in joint venture with a foreign investment client, has acquired the 149-room Hampton Inn Ann Arbor – South, located at 925 Victors Way in Ann Arbor, Michigan and the 118-room Hampton Inn Jacksonville Downtown I-95 located at 1331 Prudential Drive, Jacksonville, FL. LEI will develop and execute strategic renovation programs, including guest room updates, for both properties.
Lowe Enterprises Investors Acquired Chicago Area Apartment Community  | 5.4.2016
Lowe Enterprises Investors (“LEI”), in joint venture with an investment client, has acquired the 210-unit Fairways of Naperville apartment community in an off-market transaction. Located 30 miles west of Chicago, the 17-acre garden style property includes thirteen two-story residential buildings as well as a clubhouse, fitness center and on-site leasing office.
Destination Hotels and Commune Hotels & Resorts Merge to Create the Leading Operator of Independent and Lifestyle Hotels and Resorts  | 1.22.2016
Destination Hotels, the hospitality management subsidiary of Lowe Enterprises and the preeminent operator of independent hotels, resorts and residences in the United States, has merged with Commune Hotels & Resorts, the international lifestyle hotel management company owned by Geolo Capital comprising Joie de Vivre Hotels, Thompson Hotels, tommie and Alila Hotels & Resorts. The new company is the leading operator of independent and lifestyle hotels and resorts. The combined portfolio includes 90 properties in seven countries, with approximately $2 billion of total property revenues under management.
Lowe Enterprises Investors Acquires Greensboro Apartment Community  | 1.7.2016
Lowe Enterprises Investors, in joint venture with a foreign investment client, has acquired Hawthorne at Bridford, a 264-unit Class A gated apartment community located in Greensboro, North Carolina.
Lowe Unveils The Hepburn Luxury Apartment Tower in Washington DC  | 1.4.2016
Lowe Enterprises, in partnership with National Real Estate Advisors, announces The Hepburn, new luxury apartments nestled in Kalorama at the top of the city. Built twelve stories high, The Hepburn sits along the hill on the east side of Connecticut Avenue—and with a rooftop that offers one of the most astounding views of Washington, DC. Located at 1901 Connecticut Avenue, The Hepburn will deliver a premier apartment building and an exclusive address in one of the most storied corners of the nation’s capital.
Lowe Enterprises Investors Acquires Two Hampton Inns  | 11.23.2015
Lowe Enterprises Investors, in joint venture with a foreign investment client, has acquired the Hampton Inn & Suites Charlotte-Arrowood Road, located in Charlotte, NC and the 110-room Hampton Inn Columbia Northeast-Fort Jackson in Columbia, SC.
Construction Starts on IDEA1 – Urban Mixed-Use Development in San Dieog's Emerging East Village  | 11.4.2015
Lowe Enterprises, LaSalle Investment Management and I.D.E.A. Partners commemorated the start of construction of IDEA1 with a groundbreaking celebration on November 3 attended by community members, business, civic, academic and cultural leaders, technology and creative industry entrepreneurs and others who are engaged in the evolution of San Diego’s innovation corridor in the Upper East Village known as the I.D.E.A. District.
Lowe Enterprises Investors and First Capital Advisors Acquire Tacoma Area Apartment Community  | 10.20.2015
Lowe Enterprises Investors, in joint venture with First Capital Advisors, has acquired the Deer Creek Apartment Homes, a 256-unit apartment community located in Puyallup, Washington near Tacoma. The 18-acre, 21-building garden-style property was built in 2000
Lowe Enterprises Investors Makes Construction Loan for Buellton Hote  | 8.24.2015
Lowe Enterprises Investors (“LEI”), acting on behalf of an investment client, has made a $13,990,000 loan to Ocean Park Hotels- BLT, LLC to fund the construction of a Hampton Inn and Suites in Buellton, California.
Lowe Enterprises Investors Acquires Three Office Buildings in Phoenix  | 6.18.2015
Lowe Enterprises Investors (LEI) has acquired three office buildings totaling 437,603 square feet at the Phoenix Gateway Center in joint venture with an investment client. Phoenix Gateway Center is a Class A, five building, office complex located in the North Airport/44th Street corridor area of Phoenix.
Lowe Enterprises Investors Acquires Raleigh Apartment Community  | 6.18.2015
Lowe Enterprises Investors (“LEI”), in joint venture with a foreign investment client, has acquired the Hamilton Ridge Apartments, a 178-unit apartment community located at 4901 Tall Timber Drive in the Crabtree Valley area of Raleigh, North Carolina.
Lowe Enterprises Investors and First Capital Advisors Acquire PA Loft Apartment Building  | 4.21.2015
Lowe Enterprises Investors, in joint venture with First Capital Advisors, has acquired the Silk Factory Lofts, a 116-unit luxury apartment community located in Lansdale, Pennsylvania just outside of Philadelphia. The Class A loft-style property was built in 1922 as the Interstate Hosiery Mill and registered as a national historic building shortly before being renovated for multifamily use in 2008.
Lowe Enterprises and LaSalle Investment Management Form Joint Venture to Develop IDEA1 Mixed-Use Facility in Downtown San Diego  | 1.14.2015
LaSalle Investment Management, a leading global real estate investment manager, has partnered with Lowe Enterprises to develop IDEA1, an urban mixed-use project in the vibrant Upper East Village, the fastest growing area of downtown San Diego. LaSalle’s investment in the venture positions the project to move toward a fall 2015 construction start.
Lowe Enterprises Investors Acquires Chicago Area Apartment Community  | 12.1.2014
Lowe Enterprises Investors has acquired the 612-unit Bourbon Square apartment community in joint venture with an investment client. Situated on 41.5 acres, Bourbon Square has a prominent location in the northwest suburban Chicago community of Palatine in NW Cook County.
Lowe Enterprises Investors Acquires Denver Area Apartment Community for Investment Client  | 11.17.2014
Lowe Enterprises Investors (“LEI”) has acquired the St. Moritz apartment community in the Lakewood area of Denver, in joint venture with an investment client. The 360-unit garden-style apartment community, comprising 15 buildings plus a clubhouse, is located at 1724 Robb Street in the North Lakewood submarket.
Lowe Enterprises Investors Acquires Boulder Apartment Building for Investment Client  | 10.3.2014
Lowe Enterprises Investors has acquired The Boulders apartment community in Boulder, Colo., 40 miles north of Denver, in joint venture with an investment client. The 161-unit garden-style apartment community is well located in the heart of Boulder.Built in 1993, the nine-building apartment community is 96 percent occupied. Lowe will complete unit renovations and make improvements to the property’s common areas and building exteriors as well as resident recreation facilities.
Lowe Enterprises Investors and Client Partner with Developer on Raleigh Mixed Use Project  | 10.3.2014
Lowe Enterprises Investors, on behalf of an investment client, has teamed with developer Blue Ridge Realty on The Gramercy project in Raleigh, North Carolina. The 203-unit mixed-use multi-family project, including 6,900 square feet of ground floor, neighborhood-serving retail space and a 260-space parking garage, will break ground this fall.
Lowe Enterprises Investos Acquires Charlotte Hotel On Behalf of Investment Client  | 9.18.2014
Lowe Enterprises Investors (LEI) has acquired the Aloft Charlotte Uptown @ the EpiCentre on behalf of an investment client. The 175-room hotel is located in the vibrant Uptown District of Charlotte, NC. LEI affiliate, Destination Management has assumed management of the property which will continue to operate as an Aloft hotel.
Lowe Enterprises Investors Acquires Historic Hotel De Anza for Investment Client  | 9.10.2014
Lowe Enterprises Investors has acquired the historic Hotel De Anza on behalf of an investment client. The 100-room, 10-story hotel is located in the heart of downtown San Jose, Calif. Concurrent with the sale, LEI affiliate, Destination Hotels, will take over the hotel management and will continue to operate the property as an independent, boutique hotel.
Lowe Enterprises Investors Acquires Atlanta Apartment Building for Investment Client  | 9.2.2014
Lowe Enterprises Investors (LEI,) on behalf of an investment client, has formed a new joint venture with TriBridge Residential to own and operate the City View Apartments in Atlanta. City View is a 202-unit mid-rise apartment building built in 2003, located between Downtown and Midtown Atlanta in the emerging Old Fourth Ward submarket.
The George Apartment Building Completed  | 8.27.2014
Lowe has completed The George, a 12-story contemporary apartment tower featuring 194 residences, with a spacious rooftop deck and club room located in downtown Wheaton, Maryland. The sleek new apartment tower is the result of an innovative redevelopment of a 45-year-old, former office building which added seven-stories on top of the existing five-story building.
Lowe Enterprises Investors Acquires Apartment Community on Behalf of Investment Client  | 7.8.2014
Lowe Enterprises Investors has acquired the 228-unit Christina Mill Apartments in Newark, Delaware, on behalf of an investment client. Built in 1992, the garden style apartment community, located in the New Castle area, consists of 25 separate apartment buildings on 18.5 attractively landscaped acres. Approximately 10 percent of the apartment units at Christina Mill have been recently renovated. LEI will advance the residential renovations and upgrade the remaining 171 units as well as the common areas including the clubhouse, fitness center, leasing office and business center.
Lowe and City of Compton Celebrate Grand Opening of Community Center  | 6.3.2014
The City of Compton and project program manager Lowe Enterprises celebrated the completion of a new gathering place in the city, the two-level, 30,000-square-foot Compton Community Center. Located in the heart of downtown Compton, it is the latest addition in the ongoing expansion of the city’s downtown core. The Compton Community Center will offer programming and activities for residents. It is designed with a large multi-purpose room for assemblies, events and presentations, six classroom/meeting rooms for educational programming and social functions and a fitness center for exercise, and health and well-being programs.
Lowe and AECOM Acquire Interest in Town and Country Resort  | 6.3.2014
Lowe Enterprises (“Lowe”) and AECOM Capital, the investment fund of AECOM Technology Corporation (NYSE:ACM), have formed a joint venture with long-time property owner Atlas Hotels, Inc. to own, operate and reposition the Town and Country Resort & Convention Center in the Mission Valley area of San Diego. Lowe’s hospitality management subsidiary, Destination Hotels & Resorts, has assumed management of the 954-room resort.
Lowe Enterprises Investors Acquires Denver Area Office Building  | 5.7.2014
Lowe Enterprises Investors (LEI) has acquired Stanford Place II, a 366,184-square-foot, Class A office building in Denver on behalf of an investment client. Built in 1982, the 17-story building, located at 7979 Tufts Avenue in the North Denver Tech Center, offers sweeping views of downtown Denver and the surrounding area. Lowe plans to undertake a capital improvements program that will include upgrading building systems, refreshing common areas and enhancing gathering areas.
Lowe to Develop 705,000 Square Foot NSF Headquarters  | 4.17.2014
USAA Real Estate Company has selected Lowe Enterprises to develop a new office property in the Washington DC suburb of Alexandria, Virginia. The Class A office building development at Hoffman Town Center – Block 8 -- is preleased to the General Services Administration on behalf of the National Science Foundation (“NSF”) for a term of 15 years. The NSF will occupy 94 percent of the property upon completion in late 2016. Lowe will manage the ground up property development and will also assume building management responsibilities, once completed.
Lowe Enterprises Elects New Shareholders  | 3.5.2014
Lowe Enterprises, Inc. has elected two new shareholders, Mark Rivers and Russell Urban, to join its national team of company leaders.
Lowe Enterprises Investors Acquires Seattle Area Apartment Community  | 3.4.2014
Lowe Enterprises Investors (“LEI") has acquired the 352-unit garden style Covington Farms apartment community on behalf of an investment client. The property is located in the Paine Field area of Everett, Wash., 25 miles north of Seattle. LEI continues to seek multifamily and commercial acquisition and development opportunities nationwide, and particularly in the West and Pacific Northwest.
Creative Office - Evolution of Open Plan Workspace  | 2.2.2014
Institutional Real Estate Letter, February 2014 issue, article by Brad Howe, Bill Cockrum and Peter Hougton of Lowe Enterprises Investors
Orange County Approves Development Agreement with Lowe Enterprises  | 1.28.2014
The Orange County Board of Supervisors has approved a comprehensive agreement with Lowe Enterprises to entitle and develop the County’s 100+ acres of land at the former Marine Corps Air Station El Toro in Irvine. The agreement outlines a three-phased approach to developing the property. The Board approved funding for the first phase and the business plan. Included will be a determination of which types of development will be allowed on the property and completion of the required environmental reviews.
Lowe Enterprises Investors Acquires New Orleans Hotel on Behalf of Investment Client  | 1.6.2014
Lowe Enterprises Investors (LEI) has acquired the Royal St. Charles Hotel on behalf of an investment client. The modern 143-room hotel is located downtown at 135 St. Charles Avenue in New Orleans, La. between the French Quarter and the New Orleans Convention Center. Concurrent with the sale, LEI affiliate, Destination Hotels & Resorts, will take over the hotel management and will continue to operate the property as an independent, boutique hotel.
Lowe and JP Morgan Acquire Phoenix Office Portfolio  | 12.20.2013
A partnership between Lowe Enterprises and institutional investors advised by J.P. Morgan Asset Management has acquired a two-building, 327,263-square-foot portfolio of suburban office properties in Phoenix and Scottsdale, Arizona. 5090 40th Street is located in the Paradise Valley area of Phoenix, and Scottsdale Financial Center III is located at 7272 E. Indian School Road in Scottsdale.
Lowe Completes Third Phase of San Diego COC  | 12.4.2013
Lowe has completed the third phase of the County Operations Center (COC) in Kearny Mesa—the 118,500-square-foot Registrar of Voters Headquarters. The project includes Registrar of Voters staff offices, election ballot processing capabilities, warehouse production space and a public art installation. The property was built to LEED Gold certification standards.
LEI Acquires Embassy Row Hotel in Joint Venture with Guardian and Allstate Insurance  | 11.20.2013
Lowe Enterprises Investors (LEI) has acquired the Embassy Row Hotel in Washington, DC, on behalf of a national hotel investment venture between LEI, The Guardian Life Insurance Company of America and a subsidiary of Allstate Insurance Company. The 231-room hotel, located in the heart of Dupont Circle and Embassy Row, will undergo a significant renovation and be repositioned as a contemporary independent boutique hotel. Concurrent with the sale, an LEI affiliate, Destination Hotels & Resorts, will take over the hotel management.
Lowe Enterprises Investors Acquires Philadelphia Apartment Building On Behalf of Investment Client  | 10.29.2013
On behalf of an investment client, Lowe Enterprises Investors has acquired The Granary, a new nine-story, Class A multifamily property in Center City Philadelphia, from developer Pearl Properties. Located at 20th and Callowhill Street, The Granary includes 229 apartments and 20,463 square feet of retail space.
Alecta Real Estate USA and Lowe Enterprises Investors Form Venture to Develop Seattle Area Residential High Rise  | 10.24.2013
Lowe Enterprises Investors, a leading investment manager, and Alecta, Sweden's largest mutual pension company, have formed a joint venture to develop a high-rise residential building at 1321 Seneca in the First Hill area of Seattle, Wash. The venture plans a 24-story condominium tower with approximately 169 for-sale units at the fully entitled site. The property will be the first high-rise residential building developed in the First Hill neighborhood since 1982 and among the first in the downtown Seattle area since 2008.
The Institutional Real Estate Letter Interview with LEI CEOs, Howe and Seaman  | 10.15.2013
Geoff Dohrmann, Editor of the Institutional Real Estate Letter interviews LEI CEO's Brad Howe and Bleecker Seaman
Lowe Starts Construction of Downtown LA Mixed-Use/Apartment Development  | 9.26.2013
A joint venture between Lowe Enterprises, Megatoys and institutional investors advised by J.P. Morgan Asset Management has started construction of a two-building, 320-unit apartment development in the Arts District of downtown Los Angeles. Demolition of two vacant warehouses on the 2.9 acre site, which has been owned by Megatoys for over 20-years, is currently underway.
Fall 2013 Issue - Lowe Highlights  | 9.15.2013
Latest issue of Lowe newsletter featuring the firm's latest investment, development and management activities.
Lowe Completes Redevelopment of Crystal City Office Building  | 7.10.2013
Lowe has completed the redevelopment of 1400 Crystal Drive in the Crystal City area of Arlington, Virginia, transforming the 13-story building into a state-of-the-art, Class A office building designed to LEED Gold standards. Lowe took the building down to its structural frame and installed a new floor-to-ceiling glass facade to maximize natural light, provide energy efficiency and capture the spectacular views of the Washington, DC skyline. The redevelopment added an additional 25,000 square feet, expanding the existing floor plates to allow for better office configurations and more perimeter and corner offices resulting in an impressive 308,000-rentable-square-foot property.
Lowe to Redevelop Wheaton Office Property Into Apartment Building  | 6.27.2013
Lowe has begun the redevelopment of 11411 Georgia Avenue, an existing five-story office building in Wheaton, Maryland, into an apartment building. The company will add seven stories to the existing building, creating a 12-story apartment tower with 194 residences with a mix of studio, one and two bedroom units designed to appeal to young urban professionals. Construction began in mid-June with completion scheduled in 2014.
Lowe and JC Resorts Secure $220 Million Loan to Refinance Terranea Resort  | 6.5.2013
Lowe Enterprises and JC Resorts announced today the closing of a $220 million first mortgage loan provided by a client of Cornerstone Real Estate Advisers to refinance Terranea Resort, a 582-room world-class, oceanfront resort in Rancho Palos Verdes, Calif. Terranea’s solid performance allowed Lowe to secure the new financing well before existing loans were due to mature. The new loan replaces all previously existing loans on the property. Eastdil Secured brokered the transaction
Lowe and IDEA Partners Selected to Develop Downtown San Diego Mixed-Use Project  | 5.14.2013
The San Diego Community College District (SDCCD) has selected the team of Lowe Enterprises and I.D.E.A. Partners to enter into a long-term ground lease and create a mixed-use development in the I.D.E.A. District on a full city block in downtown San Diego. The selection was based on the team’s response to the SDCCD’s request for proposals. Lowe and I.D.E.A. Partners’ proposal for the 1.37 acre site is to create an urban mixed-use project with creative office space, apartments and street level shops and restaurants.
Lowe Enterprises to Expand Clearview Business Park  | 4.15.2013
Lowe Enterprises has received approval from the City of San Mateo Planning Commission for the development of a new three-story, 107,696- square-foot Class A office building at the 22-acre Clearview Business Park in San Mateo. The project will begin with the demolition of an existing building at the site and the addition of a new, five-level, 655-space parking structure.
Construction Begins on Third Phase of San Diego County Operations Center  | 1.14.2013
Lowe Enterprises has begun construction on the third phase of the County Operations Center and Annex redevelopment (COC) in Kearny Mesa—the 118,500-square-foot Registrar of Voters Headquarters which will be built to LEED standards. The $73 million project will include Registrar of Voters staff offices, election ballot processing capabilities, warehouse production space and public art installation.
Lowe Provides $14 Million of New Markets Tax Credits to Anderson Munger Family YMCA  | 11.14.2012
Lowe Economic Development Company, an affiliate of Los Angeles-based Lowe Enterprises, has placed $14 million in New Markets Tax Credits (NMTC) to help fund the $28 million development of the Anderson Munger Family YMCA in Los Angeles. The multilevel, 29,000-square-foot facility will include a fitness center with indoor pool and rooftop running track, basketball court, child care center, and a youth and teen canteen serving an estimated 2,700 youths and families annually.
New Commercial Investment Venture Acquires Denver Office Building  | 10.17.2012
An investment venture formed by Lowe Enterprises Investors (LEI), a subsidiary of Allstate Insurance Company and The Guardian Life Insurance Company of America has acquired Alamo Plaza, a 16-story, 191,151-square-foot office building in the desirable LoDo neighborhood of the Denver Central Business District. Located at 1401 17th Street, the acquisition is the first investment by the new venture.
Lowe Enterprises and Buchanan Street Partners Acquire Southeast Denver Office Building  | 9.25.2012
Lowe Enterprrises, in a venture with Buchanan Street Partners, has acquired Parkridge 4, a 192,800-square-foot, 6-story Class-A office building in Lone Tree, Colo. The institutional-quality asset was purchased from an affiliate of Denver-based Miller Global Properties, LLC. Lowe will provide asset and property management services.
Lowe Enterprises Investors Assumes Investment Management of $500 Million Portfolio  | 9.12.2012
Lowe Enterprises Investors (LEI) has been selected by the Pennsylvania State Employee’s Retirement System (SERS) to manage an investment portfolio of 28 properties located in the Northeast US, Florida and Texas. The portfolio, valued at approximately $500 million, is comprised primarily of multifamily and office properties along with some senior housing, retail and land assets. LEI has been an investment adviser to the $24 billion pension fund since 1993.
Lowe Completes Second Phase of San Diego County Operations Center  | 8.7.2012
Lowe Enterprises has completed construction of the second phase of the County Operations Center and Annex redevelopment in Kearny Mesa. The newest phase of the project includes two 150,000-square-foot, four-story, steel-frame office buildings, and a 15,000-square-foot conference center and cafeteria. Lowe completed the first phase of the project, consisting of two 150,000-square-foot office buildings and a seven-level, 1,800-space parking structure, in October 2010.
Orange County Selects Lowe to Oversee Development Plan for 100 Acres at Former Marine Corp Base  | 7.25.2012
The County of Orange Board of Supervisors yesterday approved the selection of Lowe Enterprises to provide master planning, pre-development and property management services for the development of a 100-acre parcel at the former Marine Corps Air Base, El Toro, in Irvine. Lowe was selected through a competitive qualification process. Lowe will aid the County in developing a master development plan that provides the highest and best use for the 100-acre parcel which will include creating an infrastructure phasing plan and securing entitlements. The site is located between the planned Orange County Great Park Master Plan and the Orange County Transportation Authority Metrolink.
Lowe Enterprises Investors Acquires Hotel Derek in Houston  | 6.29.2012
Lowe Enterprises Investors (LEI) has acquired the Hotel Derek, a 314-room independent boutique hotel in the prominent Galleria area of Houston, on behalf of a national hotel investment venture LEI formed last year with The Guardian Life Insurance Company of America and a subsidiary of Allstate Insurance Company. The 14-story hotel is located at 2525 West Loop South. Concurrent with the sale, LEI affiliate, Destination Hotels & Resorts, will take over the hotel management.
Lowe Announces Development Plan for 43 Acre Site in San Jose  | 6.1.2012
Lowe Enterprises and an affiliate of Five Mile Capital Partners are proceeding with plans for North First Campus, a 43-acre creative, Class-A office campus on North First Street near the San Jose International Airport which is fully-entitled for up to 2.8 million square feet of development. Lowe's master plan envisions 1.8 million square feet in nine office buildings built along a walkable internal street with abundant open space ranging from smaller pocket parks to a large Campus Commons.
Lowe, Guardian and Major Public Pension Fund Form National Debt Fund  | 5.29.2012
Lowe Enterprises Investors (LEI) and The Guardian Life Insurance Company of America (Guardian) announced today the formation of LEI Senior Finance, LLC, a venture with a major public pension fund that will invest approximately $164 million in high loan-to-value senior debt secured by hotel, office and multi-family assets in major markets throughout the United States.
LOWE ENTERPRISES INVESTORS ACQUIRES AFFINIA HOTEL IN CHICAGO  | 5.3.2012
Lowe Enterprises Investors (LEI), on behalf of an investment client, has acquired the 28-story, 213-room Affinia Chicago Hotel located at 166 E. Superior St. in downtown Chicago from Denihan Hospitality Group. Concurrent with the sale, LEI affiliate, Destination Hotels & Resorts, will take over the hotel management and implement the property’s rebranding as MileNorth, a Chicago Hotel, a name inspired by its premier location one block from North Michigan Avenue – the Magnificent Mile.
Lowe Joint Venture Assumes Ownership of Suncadia Resort  | 5.3.2012
Lowe Enterprises announced today that, through an affiliate, it has formed a joint venture with Suncadia Grand Avenue Partners, LLC, a subsidiary of a fund managed by Oaktree Capital Management L.P., to assume ownership of the Suncadia Resort in Roslyn, Wash. The 6,300-acre resort, located 90 miles east of Seattle, features the 254-room Lodge at Suncadia, the Glade Springs Spa, privately-owned residences, three golf courses and a host of other amenities.
Lowe Hosts Ceremony to Launch $70 Million Redevelopment of 1400 Crystal Drive  | 3.29.2012
Lowe Enterprisesand civic leaders to mark the $70 million redevelopment of 1400 Crystal Drive in Crystal City, Virginia. The extensive plans will transform the 13-story building into a state-of-the-art, 308,000-square-foot, Class A office building.
James Sabatier Named President of Destination Hotels and Resorts  | 3.27.2012
Lowe Enterprises announced that James “Jamie” Sabatier has been named president and chief operating officer of Destination Hotels and Resorts, the firm’s hospitality management subsidiary. Established in 1973, the Destination collection of unique properties now includes a distinctive portfolio of nearly 40 award-winning hotels, resorts, and conference centers.
Lowe Enterprises Highlights Newsletter March 2012  | 3.1.2012
LOWE ENTERPRISES INVESTORS PROVIDES MEZZANINE DEBT FOR DENVER OFFICE COMPLEX  | 1.9.2012
Lowe Enterprises Investors announced today that Lowe Structured Investment Fund, a discretionary investment fund managed by LEI, provided $6 million in mezzanine debt to Hamilton-Titan Partners for the recapitalization of Park Place Office Plaza, a two-building office complex in southeast Denver.
LOWE ENTERPRISES INVESTORS ACQUIRES DOUBLETREE BEDFORD GLEN HOTEL  | 12.5.2011
Lowe Enterprises Investors announced today that it has acquired the Doubletree Bedford Glen Hotel, in Bedford, Massachusetts on behalf of a pension fund client. The 281-room Doubletree Bedford Glen Hotel is located at 44 Middlesex Turnpike in Bedford, a highly desirable Boston submarket.
Lowe Completes Sale of Estancia La Jolla Hotel  | 12.1.2011
Pacific Hospitality Group, LLC has acquired the 210-room Estancia La Jolla Hotel & Spa from an affiliate of Los Angeles-based investment, development and management firm, Lowe Enterprises. Estancia La Jolla was developed by Lowe and operated by Destination Hotels & Resorts since it opened in 2004. It was included on the Conde’ Nast Traveler “Hot List” of the best new hotels in the world for 2005-2006 and earned the prestigious Four Diamond rating from AAA.
Lowe Acquires Embassy Suites Chicago Northshore on Behalf of Pension Fund Client  | 12.1.2011
Lowe Enterprises Investors (LEI) announced today that it has acquired the Embassy Suites Chicago-North Shore/Deerfield on behalf of a pension fund client. The 237-suite Embassy Suites Chicago-North Shore/Deerfield is located 30 miles from downtown Chicago and 13 miles from O’Hare International Airport. The property will be managed by LEI affiliate Destination Hotels & Resorts and will continue to operate as an Embassy Suites branded hotel.
LOWE ENTERPRISES INVESTORS PROVIDES $51.2 MILLION SENIOR LOAN FOR RENOVATION OF SLS HOTEL SOUTH BEACH  | 11.16.2011
Lowe Enterprises Investors announced today that it has arranged a $51.2 million senior construction loan for the renovation and redevelopment of the historic former Ritz Plaza Hotel in Miami Beach, Florida into the SLS Hotel South Beach. Planned to open in Spring 2012, the 142-room luxury boutique hotel will be the second property for sbe’s SLS Hotel group and is jointly owned with CIM Group. The loan term is for three years with two one-year options and was arranged by LEI on behalf of a pension fund client.
Lowe and JBG Announce Develoment Plans for Fort Totten Square  | 11.16.2011
Lowe Enterprises and The JBG Companies announced the development of Fort Totten Square, a mixed-use community anchored by Walmart. Located on a large parcel of land near the Fort Totten Metro Station in Northeast Washington, D.C. , Fort Totten Square will include 350 apartments and a 120,000 square foot urban format Walmart with full-service grocery on the ground floor, in addition to select smaller retailers. There will be approximately 450 retail parking spaces and 325 residential parking spaces, for a total of approximately 775 parking spaces.
Lowe Acquires Denver Club Office Building  | 10.10.2011
Lowe Enterprises Investors (“LEI”), acting on behalf of a pension fund client, has acquired the 231,454-square-foot Denver Club office building. Built in 1954, the 24-story Denver Club is a historic building, one of only two Early Modern buildings in Denver’s Central Business District. A $10 million renovation program was recently undertaken at the property to upgrade the lobby area, elevators and mechanical systems. Lowe Enterprises Real Estate Group, will oversee $1.5 million in additional improvements including common area upgrades and complete demolition and remodeling of two floors.
LOWE PLACES $31 MILLION IN NEW MARKETS TAX CREDITS  | 10.5.2011
Lowe Economic Development Company, an affiliate of Los Angeles-based Lowe Enterprises, today announced the placement of $31,000,000 in New Markets Tax Credits (NMTC) to three developments which will provide healthcare, jobs, education and other important community services in targeted communities. Lowe provided tax credits to two projects in the San Diego area and one in Portland, Oregon, all located in qualified communities as identified by the Community Development Financial Institutions Fund, a division of the U.S. Treasury that administers the NMTC program.
Lowe Acquires Maryland Office Building  | 9.8.2011
Lowe Enterprises Investors (“LEI”) has acquired an 86,000-square-foot office building in Montgomery County, Maryland, a major Washington, DC area submarket, on behalf of a pension fund client. The five-story property located at 11141 Georgia Avenue, in Wheaton, Maryland, is 73 percent leased. Lowe Enterprises Real Estate Group, will actively oversee the property management firm and implement building improvements.
LEI Names Lydon to Board of Directors  | 9.6.2011
Lowe Enterprises Investors (“LEI”), a prominent national real estate investment manager, has named Thomas P. Lydon to serve as an independent director on its Board of Directors. Lydon joins existing members Brad Howe and Bleecker Seaman of LEI, Bob Lowe and Mike Lowe of Lowe Enterprises and Bob O’Rourke and Tom Sorell of The Guardian Insurance Company of America on the LEI Board.
Lowe Enterprises Investors Completes Acquisition of Red Lion Hotel on Fifth Avenue  | 6.15.2011
Lowe Enterprises Investors (LEI) announced today that it has completed the $71 million acquisition of the Red Lion Hotel on Fifth Avenue from Red Lion Hotels Corporation (NYSE: RLH).The 297-room Red Lion Hotel on Fifth Avenue is located at 1415 5th Avenue, between Pike and Union Streets, at a premier location in the heart of the city’s primary business district.
Lowe Enterprises Investors, Guardian and Allstate Form Hotel Investment Venture  | 6.13.2011
Lowe Enterprises Investors, Allstate Investments and The Guardian Life Insurance Company of America announced today the formation of an investment venture to acquire full-service hotels in major metropolitan markets throughout the United States. The venture is targeting well-located, full-service hotels that are financially distressed due to the recent economic downturn.
Lowe Provides New Markets Tax Credits for Portland Development  | 6.8.2011
New Markets Tax Credits Provided by Lowe Economic Development Company and US Bancorp Open Up New Opportunities for Oregon College of Oriental Medicine in Downtown Portland
Lowe Sells Denver Area Office Building  | 5.9.2011
Lowe Enterprises has completed the sale of the 259,118-square-foot Tuscany Plaza office campus in the Greenwood Village area of Denver to Cornerstone Real Estate Advisers. Lowe Enterprises acquired the property in 2005 on behalf of Lowe Enterprises Real Estate Income & Growth Partners.
San Diego COC Earns LEED Gold  | 4.4.2011
The two 150,000-square-foot office buildings recently completed in the first phase of the County Operations Center and Annex redevelopment in Kearny Mesa have earned LEED Gold Certification by the U.S. Green Building Council. The four-story buildings, developed by Lowe Enterprises on behalf of the County, incorporate the latest in sustainable design, construction practices and building materials.
Lowe to Redevelop Crystal City Office Building  | 3.23.2011
Lowe Enterprises announced today that is it planning a comprehensive $70 million redevelopment of 1400 Crystal Drive in Crystal City, Virginia that would begin in early 2012. The extensive program will transform the 300,000-square-foot building that is part of a 550,000-square-foot two-building complex currently known as Jefferson Plaza, into a modern, Class A office property.
Lowe and Edgewood Companies Acquire Denver Area Office Property  | 2.28.2011
A joint venture between Lowe Enterprises, a national real estate services firm, and Edgewood Companies, a diversified real estate company, has acquired the Solarium office building in Greenwood Village, Colo. The property was purchased for $13.96 million.
Lowe Breaks Ground on Phase 2 of San Diego County Operations Center  | 1.25.2011
Lowe Enterprises has begun construction of the second phase of the County Operations Center and Annex redevelopment in Kearny Mesa, which includes two 150,000-square-foot, four-story, steel-frame office buildings, a 15,000-square-foot conference center and a cafeteria. Lowe completed the $188.5 million first phase of the project, consisting of two 150,000-square-foot office buildings and a seven-level, 1,800-space parking structure, in October 2010.
Lowe Completes First Phase of San Diego County Operations Center  | 10.14.2010
Lowe Enterprises has completed the $188.5 million first phase of the County Operations Center and Annex redevelopment in Kearny Mesa ahead of schedule and under budget. The first phase consists of two 150,000-square-foot, four-story, steel frame office buildings and a seven-level, 1,800-space parking structure
LOWE PROVIDES MEZZANINE DEBT FOR PORTFOLIO OF DENVER OFFICE BUILDINGS  | 10.7.2010
Lowe Enterprises announced today that Lowe Structured Investment Fund, a discretionary investment fund managed by Lowe Enterprises Investors (LEI), has provided $13 million in mezzanine debt to Hamilton-Titan Partners for a three-building portfolio of office properties in the Denver area. Lowe Structured Investment Fund offers mezzanine debt and preferred equity for commercial, residential and hospitality properties throughout the U.S. and Canada.
Lowe Secures $100 Million Capital Investment for Terranea Resort  | 10.6.2010
Lowe Enterprises announced today the closing of a transaction that provides for the long-term stability of Terranea Resort, a 582-room world-class, oceanfront resort in Rancho Palos Verdes, Calif. The transaction includes an extension of the loans on the property and new capital commitments of over $100 million.
LOWE LEASES 85,390 SQUARE FEET AT CLEARVIEW BUSINESS PARK  | 8.23.2010
Lowe Enterprises has signed agreements with new tenant SolarCity® and expanding tenant Akamai Technologies, Inc. for a total of 85,390 square feet in Clearview Business Park in San Mateo.
Lowe Enterprises and The Guardian Life Insurance Company of America to Form Strategic Partnership  | 7.7.2010
The Guardian Life Insurance Company of America (Guardian) and Lowe Enterprises, Inc. (Lowe), a leading national real estate investment, development and management firm, today announced that they have reached an agreement to form a strategic partnership whereby Guardian will acquire a substantial, non-controlling interest in Lowe Enterprises Investors, Lowe’s investment management subsidiary. Guardian has allocated more than $200 million to expand Lowe’s investment activities by investing alongside Lowe’s clients and partners.
Newman Named President of Lowe Enterprises Real Estate Group  | 4.22.2010
Lowe Enterprises announced today that Richard G. Newman, Jr. has been named President of the firm’s Real Estate Group, overseeing national commercial and multifamily activities.
Lowe Acquires Hollywood Apartment Building  | 4.12.2010
Lowe Enterprises, on behalf of the Lowe California Community Fund, has acquired the 100-unit Lido Apartments in Hollywood for $9.4 million. Lowe will immediately undertake significant property improvements to the five-story building including renovating the soaring two-story lobby with fireplace, upgrading common areas and mechanical systems and new landscaping in the courtyard. Lowe California Community Fund is an investment fund targeting Southern California residential and retail properties.
Lowe Expands Village Homes Portfolio  | 3.29.2010
Less than three months after Lowe Enterprises and Homebuilder Capital Solutions acquired Village Homes out of bankruptcy, Village Homes has completed the acquisition of 113 residential lots from Compass Bank, including 60 in the Meadows, one of the Denver area’s most popular master-planned communities.
Lowe Acquires Majority of Village Homes Assets  | 1.7.2010
Lowe Enterprises, in joint venture with Homebuilder Capital Solutions (an affiliate of Colorado and Santa Fe Real Estate), has acquired a portfolio of homes and land out of the bankruptcy of award-winning builder, Village Homes of Colorado (VHC) for $21.9 million. The venture acquired approximately two-thirds of VHC’s assets, including 57 partially completed or completed homes, 506 finished lots, 444 unfinished lots and 3.7 acres of undeveloped land. In addition to buying VHC’s land assets at a substantial discount, Lowe and Homebuilder Capital Solutions acquired the highly regarded Village brand, home plans, field equipment and fully-outfitted sales offices.
Lowe Signs Catholic Health Initiatives for 100,000 SF at 198 Inverness Drive - Building Earns Gold Level LEED  | 10.19.2009
Lowe Enterprises has signed an eleven-year lease with Catholic Health Initiatives for 100,000 square feet at 198 Inverness Drive West in Southeast Denver. CHI plans to begin relocating its associates to the building, which will serve as its new system headquarters, in June 2010. This is the largest new lease transaction to be completed in Southeast Denver to date in 2009.
The K Condominiuns at CityVista Named Tops in DC Sales for 2009  | 10.19.2009
The K” building at Lowe Enterprises’ mixed-use CityVista development posted the highest number of condo sales among new projects in the DC market according to a recent independent survey. “The K” was named the best residential property in the DC market by readers of Washington City Paper last year. The sales survey, conducted by Urban Turf, a respected online publication focused on DC residential real estate, and McWilliams\Ballard a well established multifamily real estate and marketing firm specializing in the Washington, Baltimore and East Coast markets, found that “The K” led the list of top 20 fastest selling new condo buildings in metropolitan DC, with the sale of 101 units (gross sales) between January and June 2009.
Lowe Tops Out First Two COC Office Buildings  | 8.13.2009
– Lowe Enterprises, and its general contractor Roel Construction, have topped out the first two 150,000-square-foot-office buildings at the new County Operations Center in the Kearny Mesa area of San Diego. The two buildings are part of a larger planned redevelopment of the 38-acre site led by Lowe Enterprises on behalf of the County of San Diego. When completed, the new campus is expected to include 900,000 square feet of modern, efficient office space, built to LEED Silver Certification standards, along with a conference center and cafeteria and two multi-level parking structures.
Lowe Debuts Terranea Resort in Rancho Palos Verdes, CA  | 6.12.2009
Lowe Enterprises today opened Terranea (terra-NAY-a) Resort, among the largest development projects to open in Los Angeles County this year and its first true coastal resort. The Mediterranean-styled 582-room resort is set on 102-acres that span the coastline atop the bluffs in Rancho Palos Verdes, a verdant peninsula 20 miles south of Los Angeles International Airport.
Profile of Lowe Enterprises Workout Experience  | 6.4.2009
Profile of Lowe Enterprises and its workout history from June 2009 issue of Institutional Real Estate Letter
US GSA Renews 300,000+ SF at Jefferson Plaza  | 5.13.2009
Lowe Enterprises has signed a five-year lease renewal with the U.S. General Services Administration for 310,202 square feet of office space at Jefferson Plaza in the Crystal City area of Arlington, Virginia. Lowe Enterprises acquired the property on behalf of an investment client in early 2008 and serves as property manager for the complex.
Construction Commences at County Operations Center  | 4.15.2009
The San Diego County Board of Supervisors and developer, Lowe Enterprises, hosted community leaders and local officials at a groundbreaking ceremony April 8 to kick off construction of the first two office buildings at the new County Operations Center in the Kearny Mesa area of San Diego. The two 150,000-square-foot office buildings are part of a larger planned redevelopment of the 38-acre site. When completed, the new campus is expected to include 900,000 square feet of modern, efficient office space, built to LEED Silver Certification standards, along with a conference center and cafeteria and two multi-level parking structures.
Virtue Joins Lowe Enterprises  | 2.25.2009
Lowe Enterprises has named Alex Virtue as director of Lowe’s Workout Services Group. Virtue, a nine-year veteran of Merrill Lynch & Co., will work closely with Lowe executives to formulate and execute workout strategies for troubled real estate assets and loan/REO portfolios.
Lowe Elects Three New Shareholders  | 10.1.2008
Lowe Enterprises announced the election of three new shareholders. André Fournier, Mike Sanford and Shirli Sensenbrenner join this important nationwide network of company leaders.
Lowe Acquires Downtown Los Angeles Industrial Facility  | 9.24.2008
Lowe Enterprises has acquired a 266,396-square-foot industrial distribution facility in central Los Angeles. The $31.5 million acquisition from an institutional owner was made on behalf of an investment client.
Lowe/McShane Joint Venture Completes Top Tier Austin Industrial Buildings  | 9.9.2008
A joint venture between Lowe Enterprises and McShane Corporation recently completed development of two top-tier industrial buildings at Tuscany Center at Walnut Creek in Austin. The 72,000-square-foot Tuscany 7 facility and 89,600-square-foot Tuscany 8 building are designed to the highest standards of flexibility, economy and efficiency and can accommodate a variety of users.
Akamai Expands Lease at Clearview Business Center  | 8.13.2008
Akamai Technologies has expanded its lease agreement with Lowe Enterprises to occupy an entire 67,000-square-foot building at Clearview Business Park. Earlier this year Akamai executed a lease for 50,000 square feet at the center in San Mateo that will serve as the company’s regional headquarters.
Lowe Provides Preferred Equity for Beverly Hills Hotel Renovation  | 8.7.2008
Lowe Enterprises Investors (LEI) announced today that Lowe Structured Investment Fund, a discretionary investment fund managed by LEI, has provided $33 million in preferred equity to SBE for development of its 297-room SLS Hotel at Beverly Hills, set to open in November 2008.
Lowe Acquires Pacific Northwest Resort Property  | 7.14.2008
Lowe Announces Renovations at Century Center Complex  | 5.6.2008
Lowe announced today a comprehensive $28 million renovation of Century One and Century Two in Crystal City, Virginia that will transform the complex into a sophisticated, urban office environment. The two, 13-story towers consisting of more than 560,000 square feet of office space above 70,000 square feet of prominent storefront retail, will undergo significant improvements.
Lowe Unveils Sculpture at 500 Terry Francois  | 4.22.2008
Commissioned by Lowe Enterprises for the plaza at 500 Terry Francois in Mission Bay – the company’s 300,000-square-foot office building development -- “Hulls” is the vision of Richard Deutsch, an award winning sculptor who brings together form, movement, the organization of space and human interaction to create public artworks that are site specific and reflect the social context of their surroundings. “Hulls” pays tribute to the remarkable shipbuilding history of Mission Bay.
Akamai Technologies to Relocate Regional Headquarters to Lowe's Clearview Business Park  | 4.11.2008
Lowe has signed a seven-year lease agreement with Akamai Technologies, Inc, (NASDAQ: AKAM) for 50,000 square feet in Clearview Business Center, San Mateo that will serve as the company’s regional headquarters.
San Diego County Approves Devlopment Agreement for County Operations Center  | 4.8.2008
The San Diego County Board of Supervisors has approved Lowe Enterprises’ Disposition and Development Agreement for the County Operations Center and Annex redevelopment in Kearny Mesa. The Board also certified the project’s Environmental Impact Report, setting the stage for Lowe Enterprises to redevelop the 37-acre County Operations Center site into a modern, efficient campus ...
Lowe Acquires DC Area Office Complex  | 2.4.2008
Lowe Enterprises, 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 Sells Final Centerpark Buildings  | 11.20.2007
Lowe Enterprises has completed the sale of the final three buildings in the Centerpark industrial complex to a joint venture between DCT Industrial Trust and JPMorgan Asset Management. The transaction completes Lowe’s five year development of the 28.5-acre former Keebler bakery site.
Lowe & GE Start Construction of Kimberly Center  | 11.19.2007
Lowe Enterprises, in joint venture with GE Real Estate, has begun construction on a $46 million infill industrial park, the 15-acre Kimberly Business Center in Fullerton in North Orange County, Calif. The 285,399-square-foot center is comprised of six for sale buildings.
Lowe Acquires Premier Santa Fe Boutique Hotel  | 10.15.2007
Lowe Enterprises 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. Lowe acquired the hotel from Noble House Hotels & Resorts, Inc., on behalf of an investment client.
Lowe and O'Connor Partners Acquire Santa Clara Site for Office Development  | 10.10.2007
Lowe Enterprises, in partnership with O’Connor Capital Partners, has 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 AND BUCHANAN STREET ACQUIRE PREMIER OFFICE TOWER IN HOUSTON  | 10.8.2007
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.
Lowe and L.A. MTA Enter Exclusive Negotiations for Major North Hollywood Development  | 9.27.2007
The Los Angeles County Metropolitan Transportation Authority Board of Directors (Metro) today voted to enter into an Exclusive Right to Negotiate agreement with Lowe Enterprises as master developer for a major mixed-use development comprised of four parcels totaling 15.6 acres on and around the North Hollywood Metro Red Line station on Lankershim Blvd. Los Angeles-based Lowe Enterprises was selected through a competitive process that began in August 2006. The company’s proposal, called the NoHo Art Wave, envisions an integrated development of approximately 1.7 million square feet with a mix of uses including office, retail and residential with substantial community and public spaces.
Lowe Provides Mezzanine Financing for Trump SoHo Condo Hotel  | 8.15.2007
Lowe Resort Finance Investment Partners, a discretionary investment fund managed by LEI, has provided $75 million in mezzanine financing to a joint venture between Bayrock Group and Sapir Organization for the development of the 413-unit Trump SoHo condominium-hotel project in the SoHo district of Manhattan.
Lowe Acquires Austin Industrial Property  | 8.8.2007
Lowe has acquired an 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.
Lowe Tops Out Mission Bay Office Building  | 7.19.2007
Lowe Enterprises celebrated the topping out of its 300,000-square-foot, premier waterfront office building in Mission Bay. The firm, along with its general contractor Swinerton Builders, hosted a group of business and civic leaders on July 18 to celebrate the completion of the concrete structural framing.
Lowe Acquires Land to Develop Florida Resort Community  | 7.17.2007
Lowe Enterprises, through its subsidiaries Lowe Destination Development (LDD) and Lowe Enterprises Investors (LEI) has acquired 698 acres of land in Palm Coast, Fla. for the development of an upscale residential golf course community. Lowe purchased the land and existing development rights from ALLETE Properties on behalf of the Lowe Resort Community Fund.
Lowe Acquires Colorado Springs Apartment Community  | 7.9.2007
Lowe Enterprises and O'Connor Capital Partners Acquire San Mateo Office Campus  | 6.8.2007
Lowe Enterprises And Canyon-Johnson Urban Fund Purchase Hilton Washington For $290 Million  | 5.31.2007
Lowe Celebrates Ground Breaking For Terranea - Luxury 102-Acre Coastal Resort  | 3.7.2007
Lowe Acquires Florida Luxury Oceanfront Resort  | 2.12.2007
Lowe Expands Student Housing Portfolio with Acquisition of So. Calif Property  | 2.7.2007
Lowe Acquires Virginia Apartment Community  | 12.20.2006
Lowe Acquires Southeast Denver Office Building  | 11.30.2006
Lowe Acquires Historic Houston Hotel  | 10.18.2006
Lowe Acquires Evanston Office & Retail Complex  | 9.28.2006
Lowe Acquires Denver Area Office Building  | 9.18.2006
Lowe Acquires San Francisco Waterfront Property  | 8.25.2006
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