The Denver Club
Lowe acquired this 231,454-square-foot Denver Club office building on behalf of a pension fund client. 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, is overseeing $1.5 million in additional improvements including common area upgrades and complete demolition and remodeling of two floors and has taken over property management and leasing.

11141 Georgia Avenue
Lowe acquired this 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.

Solarium
A joint venture between Lowe Enterprises and Edgewood Companies acquired the Solarium office building in Greenwood Village, Colo. The property was purchased for $13.96 million. The 171,189-square-foot, two-tower property was built in 1982 and is configured to accommodate smaller tenants. The property is currently 82 percent leased.

Hamilton-Titan Portfolio
Lowe provided $13 million in mezzanine debt on behalf of Lowe Structured Investment Fund to Hamilton-Titan Partners for a three-building portfolio of office properties in the Denver area. Lowe Structured Investment Fund, a commingled fund sponsored by Lowe, offers mezzanine debt and preferred equity for commercial, residential and hospitality properties throughout the U.S. and Canada. The 732,000-square-foot portfolio includes Hudson’s Bay Centre on the 16th Street Mall in the Denver central business district, Ptarmigan at Cherry Creek in Cherry Creek and Meridian One in southeast Denver’s Meridian International Business Center.

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

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

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

Jefferson Plaza
Lowe 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 LEI investment client.