Company Overview of Lowe Enterprises, Inc.
Lowe Enterprises, Inc. engages in the development, acquisition, and management of real estate assets in the United States. It operates in three divisions: Lowe Enterprises Investment Group, Lowe Enterprises Real Estate Group, and Lowe Hospitality Group. The Lowe Enterprises Investment Group division directs the company's capital and investment activities that include fiduciary investments. It also oversees the Lowe Hospitality Structured Investment Fund, which specializes in subordinated debt financing of individual hospitality properties. The Lowe Enterprises Real Estate Group division oversees the development and property management of the company’s commercial and residential projects thro...
11777 San Vicente Boulevard
Los Angeles, CA 90049
Founded in 1972
Key Executives for Lowe Enterprises, Inc.
Founder, Chairman, Director, Chief Executive Officer, and Member of Executive Committee
Member of Executive Committee, Chief Operating Officer and Executive Vice President
Chief Executive Officer of Lowe Hospitality Group, Director, Director of Lowe Hospitality Group and Member of Executive Committee
Chief Executive Officer of Real Estate Group, President of Real Estate Group and Member of Executive Committee
President of Lowe Enterprises Real Estate Group for Central Region and Member of Executive Committee
Compensation as of Fiscal Year 2015.
Lowe Enterprises, Inc. Key Developments
Lowe Enterprises and LaSalle Investment Management Form Joint Venture to Develop IDEA1 Mixed-Use Facility in Downtown San Diego
Jan 14 15
LaSalle Investment Management (LaSalle) has partnered with Lowe Enterprises (Lowe) 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. The $90 million, six-story, 289,000 square-foot project is located on a full city block bounded by E, F, Park and 13th Streets. The site is strategically located within two blocks of two trolley stops, the New School of Architecture and Design and the future East Village Green community park. The team plans a mixed-use development complete with 300 multi-family housing units, ground floor retail and office space and subterranean parking. IDEA1 will be one of the first developments in the I.D.E.A. District, a 95 acre sustainable, mixed-use initiative spearheaded by I.D.E.A. Partners Pete Garcia and David Malmuth. The I.D.E.A. District vision is to develop an urban mixed-use district driven by a 21 century innovation and design jobs cluster, nourished by Educational institutions and enriched by the arts. I.D.E.A. Partners will work with LaSalle and Lowe on the development of IDEA1.
Lowe Enterprises and Aecom Capital Forms Joint Venture with Atlas Hotels, Inc. to Own, Operate and Reposition the Town and Country Resort & Convention Center
Jun 3 14
Lowe Enterprises and AECOM Capital 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 located at 500 Hotel Circle North. Located in the popular Mission Valley area, the hotel's two towers and three swimming pools, rose gardens, numerous fountains and outdoor seating areas are spread across the 40-acre property. The resort boasts the large convention facility in the San Diego area outside of downtown, with more than 200,000 square feet of flexible meeting space, including the 41,000-square-foot Grand Exhibit Hall, and more than 50,000 square feet of outdoor event space. In addition, the property offers abundant recreation and dining options with the 14,000-square-foot Bella Tosca Day Spa with fitness center and three restaurants.
Lowe Enterprises Acquires Two-Building of Suburban Office Properties in Phoenix and Scottsdale, Arizona
Dec 23 13
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 40(th) 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. The 152,077-square-foot Scottsdale Financial Center III is located in the heart of downtown Scottsdale, within walking distance of world-class shopping, multiple restaurants, Scottsdale Stadium -- the spring training home of the San Francisco Giants -- resorts and golf courses. The building has five levels of office space with multi-level underground parking garage. The recently renovated lobby includes marble floors, an inviting seating area and an interactive directory. All elevators and lobbies have been also been recently modernized. The building is 93% leased. The 175,186-square-foot, 5090 40(th) Street building is located in the highly desirable Camelback Corridor with its dynamic mix of premier retail, residential and resort properties. The 4-story property features exceptional views of the Camelback Mountains. Building amenities include a shared conference center and on-site health club, with underground parking. The new owners plan to upgrade the lobby, exterior patios and common areas. The building is 53% leased, offering an opportunity to lease up the building at current market rates.
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