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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. |
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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. |
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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. |
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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. |
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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 |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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 |
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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. |
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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. |
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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.
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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.
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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. |
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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 ... |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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Lowe Acquires Colorado Springs Apartment Community
| 7.9.2007 |
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Lowe Enterprises and O'Connor Capital Partners Acquire San Mateo Office Campus
| 6.8.2007 |
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Lowe Enterprises And Canyon-Johnson Urban Fund Purchase Hilton Washington For $290 Million
| 5.31.2007 |
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Lowe Celebrates Ground Breaking For Terranea - Luxury 102-Acre Coastal Resort
| 3.7.2007 |
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Lowe Acquires Florida Luxury Oceanfront Resort
| 2.12.2007 |
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Lowe Acquires Sheraton Universal Hotel
| 1.31.2007 |
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Lowe Acquires Virginia Apartment Community
| 12.20.2006 |
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Lowe Acquires Southeast Denver Office Building
| 11.30.2006 |
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Lowe Acquires Historic Houston Hotel
| 10.18.2006 |
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CityVista Tops Out First Phase of Mixed Use Development
| 10.11.2006 |
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Lowe Acquires Evanston Office & Retail Complex
| 9.28.2006 |
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Lowe Acquires Denver Area Office Building
| 9.18.2006 |
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Lowe Acquires San Francisco Waterfront Property
| 8.25.2006 |
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Lowe Unveils $300 Million Transit Oriented Mixed Use Development
| 8.4.2006 |
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Lowe Acquires Southeast Denver Office Building
| 5.15.2006 |
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Lowe Acquires the Wyndham Westshore Hotel in Tampa
| 4.3.2006 |
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Lowe Acquires San Francisco Financial District Office Building
| 3.10.2006 |
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Lowe Recieves Approval for The Vista project
| 1.31.2006 |
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Lowe Acquires Denver Area Office Property
| 12.21.2005 |
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Mike Lowe Named Executive VP/CIO
| 12.15.2005 |
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Thompson Named Senior VP/Asset Management
| 12.13.2005 |
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Lowe Acquires Historic Driskill Hotel
| 10.13.2005 |
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Lowe Sells Agoura Hills Business Park
| 9.29.2005 |
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Lowe to Develop Southern Calif. Coastal Resort
| 9.16.2005 |
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Lowe Acquires Northern Calif Office Properties
| 8.26.2005 |
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Lowe Acquires Southern Calif. Industrial Property
| 8.10.2005 |
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Lowe Signs Morgan Stanley to Ocean Ridge
| 8.9.2005 |
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Lowe Acquires DC Area Industrial Property
| 8.1.2005 |
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Lowe Announces Washington DC Mixed Use Develpoment
| 7.21.2005 |
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Lowe Acquires Southern Calif Industrial Properties
| 7.7.2005 |
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Lowe Acquires Washington DC Area Office Buildings
| 6.30.2005 |
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Construction Starts at OceanRidge
| 6.22.2005 |
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Lowe Acquires San Diego Area Property
| 3.31.2005 |
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Lowe Completes Lot Sales at Agua Mansa Industrial
| 3.23.2005 |
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Lowe Acquires Chicago Area Office Building
| 3.8.2005 |
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Lowe Acquires Denver Residential Development Site
| 1.27.2005 |
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Lowe Acquires San Diego Area Portfolio
| 1.12.2005 |
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Lowe & GE Acquire Chicago Office Complex
| 1.10.2005 |
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