Articles from Lowe

The next phase in the transformation of MainPlace is underway as community, civic and business leaders gathered today to celebrate the groundbreaking of The Carina, a new multifamily residential community that will bring 408 modern apartments to the heart of Santa Ana. Developed by Lowe, in partnership with MainPlace owner Affinius and owner/operator Centennial, The Carina is part of the continued evolution of MainPlace into a mixed-use destination integrating residential living with shopping, dining and entertainment.

Lowe, a national real estate investment, development and management firm, has acquired Tenth & G Apartments, a 207-unit multifamily community located at 707 Tenth Avenue in the heart of downtown San Diego’s vibrant Ballpark District.

Lowe, a leading national real estate investment, development and management firm, together with Centennial, a retail real estate owner and operator with a national portfolio of shopping, dining, entertainment and mixed-use destinations, today announced the grand opening of Paloma, a collection of 309 contemporary apartments at MainPlace in Orange County. An integral part of the imaginative redevelopment taking place at MainPlace, the Paloma development is designed to transform the shopping center into a master-planned mixed-use environment that capitalizes on the strong foundation of popular retail, dining and entertainment options that have made Centennial’s MainPlace a cornerstone in the Santa Ana community.

Lowe, a leading national real estate investor, developer and manager, has acquired Hyatt’s vacation rental management business. The business consists of management agreements for individually-owned resort residences across 36 properties in Colorado and Hawaii, as well as many of the properties’ homeowners associations (HOAs). Lowe’s hospitality management subsidiary, CoralTree Hospitality Group, will assume management of the rental units, HOAs and resort properties included in the transaction. The management business, currently known as Destination Residential Management, will be rebranded by Lowe and CoralTree.

Lowe and Real Capital Solutions announced today the acquisition of Westfield Mission Valley, an approximately 1.1-million-square-foot open air retail center which they intend to upgrade and reposition as a walkable, transit oriented mixed-use village. Lowe will lead the project, applying its extensive knowledge and experience in the San Diego market, coupled with its dedicated retail platform Retail reVision, to implement a mixed-use concept that will refresh the existing retail and add complementary uses such as multifamily residential to the expansive property.

Lowe and joint venture partner Mitsui Fudosan America, Inc. (MFA) announced today the completion of Gallery 64, a 492-unit, 12-story apartment building, which is the final piece of the 500,000-square-foot arts-focused redevelopment of the former Randall Junior High School in Southwest DC. Located at 64 H Street SW, Gallery 64 offers modern residences infused with arts and culture, featuring significant art installations throughout the building, and connected to the Rubell Museum DC by an expansive landscaped, public courtyard where residents, museum visitors and neighbors can congregate.

A joint venture between Lowe and Related Fund Management (RFM) announced today that it has completed construction of a 113,000-square-foot, nine-story office building located in the vibrant Arts District of downtown Los Angeles.

In honor of American Business Women’s Day, which recognizes the accomplishments of businesswomen across the nation, national real estate company Lowe and its hospitality management subsidiary CoralTree Hospitality are proud to announce the formation of their Women in Leadership Forum.

Lowe, in partnership with FLGA and Davenport Group, announced today that it has secured a 99-year ground lease from Howard University for an approximately 1.85-acre property in Washington D.C.’s Shaw neighborhood where it plans to construct an approximately 525,000-square-foot, ten-story building that will include up to 500 residential units, approximately 27,000 square feet of retail space and 246 below-grade parking spaces. The partnership is undertaking the development in collaboration with USAA Real Estate, with which Lowe also developed the recently completed Park + Ford, a 435-unit office-to-residential conversion, and the National Science Foundation headquarters building, both in Alexandria, VA.

A joint venture between USAA Real Estate and Lowe, a national real estate investor, developer and manager, announced today the completion of Park + Ford, the adaptive-reuse of the former three-building Park Center office complex into a 435-unit contemporary apartment community with 115,000 square feet of office. Located at 4401 Ford Avenue in Alexandria, Virginia on the I-395 Corridor, the community is proximate to Washington, D.C. and other area business centers as well as a wealth of shopping, dining and entertainment destinations.

Lowe, a national real estate developer, investor and manager, has completed the first of two nine-story towers at Mason and Main, located in the 30-acre, transit oriented, master planned Yesler Terrace community near downtown Seattle. The first building contains 335 units with a mix of one- and two-bedroom floor plans. The second 215-unit tower is set for completion in the last quarter of 2022. At completion, the LEED Gold Mason and Main will comprise 550 apartments units, of which 137 will be designated for people earning 65-80% AMI, 6,800 square feet of ground floor retail, 315 parking stalls and a new public neighborhood pocket park.

National real estate investment, management and development firm Lowe today announced that Terri A. Haack has been named Senior Vice President of Lowe and CoralTree Hospitality. Haack, a 20-year veteran of the firm and a member of its shareholder group, will continue to play an integral role in the senior leadership of Lowe and its operating company, CoralTree Hospitality, as she works with the firm’s hospitality teams on their many new ventures around the country. Haack’s experience in the firm and multiple hospitality industry leadership roles will assist Lowe in the pursuit of acquiring and developing luxury resort and hotel assets and will benefit CoralTree Hospitality’s hotel, resort and vacation rental portfolio across the country.

Today, Lowe closed on an off-market transaction with Regency Centers Corporation to acquire its portion of the Sequoia Station Shopping Center in downtown Redwood City. Lowe is in the process of seeking entitlements to redevelop the site into a vibrant and modern mixed-use development as part of Redwood City’s proposed Transit District.

Lowe, a national real estate developer, investor and manager, has topped out the second of two nine-story towers totaling 550-apartments with approximately 6,800 square feet of ground floor retail and 315 parking stalls located at the Mason and Main development in the 30-acre transit-oriented, master-planned Yesler Terrace community. The first 335-unit tower topped out in June, 2021 and is anticipated to be completed in mid-2022 while the second 215-unit tower is set for completion in the last quarter 2022.

Lowe, a national real estate developer, investor and manager, announced today the topping out of construction at 2130 Violet Street, an approximately 113,000-square-foot, nine-story office building located in the vibrant Arts District in downtown Los Angeles. Completion is anticipated in early-2022.

Lowe, a national real estate developer, investor and manager, announced today the formation of a new division, Skye Commercial, a Denver-based full-service commercial brokerage firm representing owners and occupiers and focused on office, retail, industrial and hotel properties. Skye is led by Alec Wynne, who brings more than 22 years of experience in commercial real estate to his new role as Managing Broker.

Ivy Station, a 500,000-square-foot mixed-use development adjacent to the Culver City Metro E Line station, is beginning its staggered reveal with the opening of Upper Ivy, the property’s 200-unit, six-story apartment building located in the center of the 5.2-acre site. Ivy Station’s ownership group consists of Lowe, AECOM-Canyon Partners and Rockwood Capital.

Lowe and joint venture partner Mitsui Fudosan America announced today the start of construction of Gallery 64, a 492-unit, 12-story apartment building as part of the joint venture’s redevelopment of the former Randall Junior High School site at 65 Eye Street, SW, in Washington, DC. The 500,000-square-foot redevelopment of the 2.7-acre site includes the preservation and repurposing of existing historic buildings into the Rubell Museum, a world-class contemporary art museum.

The Colorado State Land Board has selected Hospitality at Work® to manage its thirteen-building commercial portfolio, totaling 650,000 square feet and valued in excess of $130 million. The portfolio includes Class A and B multi-tenant office, flex and industrial properties located along the Colorado Front Range, including Denver, Centennial, Fort Collins, Golden, Loveland, Louisville, and Avon. Hospitality at Work, based in Denver, is a hospitality-driven commercial property manager with an innovative approach to operating buildings.