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 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 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 Acquires Sheraton Universal Hotel  | 1.31.2007
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
CityVista Tops Out First Phase of Mixed Use Development  | 10.11.2006
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
Lowe Unveils $300 Million Transit Oriented Mixed Use Development  | 8.4.2006
Lowe Acquires Southeast Denver Office Building  | 5.15.2006
Lowe Acquires the Wyndham Westshore Hotel in Tampa  | 4.3.2006
Lowe Acquires San Francisco Financial District Office Building  | 3.10.2006
Lowe Recieves Approval for The Vista project  | 1.31.2006
Lowe Acquires Denver Area Office Property  | 12.21.2005
Mike Lowe Named Executive VP/CIO  | 12.15.2005
Thompson Named Senior VP/Asset Management  | 12.13.2005
Lowe Acquires Historic Driskill Hotel  | 10.13.2005
Lowe Sells Agoura Hills Business Park  | 9.29.2005
Lowe to Develop Southern Calif. Coastal Resort  | 9.16.2005
Lowe Acquires Northern Calif Office Properties  | 8.26.2005
Lowe Acquires Southern Calif. Industrial Property  | 8.10.2005
Lowe Signs Morgan Stanley to Ocean Ridge  | 8.9.2005
Lowe Acquires DC Area Industrial Property  | 8.1.2005
Lowe Announces Washington DC Mixed Use Develpoment  | 7.21.2005
Lowe Acquires Southern Calif Industrial Properties  | 7.7.2005
Lowe Acquires Washington DC Area Office Buildings  | 6.30.2005
Construction Starts at OceanRidge  | 6.22.2005
Lowe Acquires San Diego Area Property  | 3.31.2005
Lowe Completes Lot Sales at Agua Mansa Industrial  | 3.23.2005
Lowe Acquires Chicago Area Office Building  | 3.8.2005
Lowe Acquires Denver Residential Development Site  | 1.27.2005
Lowe Acquires San Diego Area Portfolio  | 1.12.2005
Lowe & GE Acquire Chicago Office Complex  | 1.10.2005
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