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Lowe, in Partnership with Associated Fund Management, Completes 113,000 Square Foot Office Building in the Heart of Los Angeles’ Arts District

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

The state-of-the-art, next-generation property offers many attractive features that are a priority for businesses, including balconies and terraces on every floor with abundant space for outdoor events and meetings, operable windows and balcony doors allowing for increased outdoor air circulation and an outdoor roof terrace with views of the horizon. There are also health and wellness-focused elements, such as touchless systems and improved HVAC with high-capacity air filtration and outdoor air ventilation.

“2130 Violet Street offers much-requested building features such as expansive outdoor spaces and indoor/outdoor connectivity, combined with the latest in sustainability and health and wellness technologies, in a vibrant neighborhood – attributes highly sought after by businesses today when making location decisions,” said Lowe’s Executive Vice President Tom Wulf.

The building also features 14-foot-tall open floor plates, floor-to-ceiling glass, efficient systems and solar panels to reduce utility costs. The spacious spaces offer expansive views of the area, multiple balconies and expansive private terraces.

The four office floors at 2130 Violet St are spread over approximately 3,300 square feet of ground floor retail and four levels of parking. The property is 2.4 km from Metro Little Tokyo/Arts District Regional Connector Station, currently under construction at 1st Street and Alameda, and alternative public transit is encouraged by providing abundant bicycle storage with lockers and showers with car, bike and scooter sharing services readily available in the neighborhood.

As part of Lowe’s development at 2130 Violet Street, the company installed public infrastructure including sidewalks, tree grates and landscaping along its Violet Street facade, as well as a ” green alley” with permeable pavement technologies. A new traffic light and crosswalks were installed at the intersection of Violet Street and Santa Fe Avenue. These efforts combine to create an attractive environment that is easily walkable to the abundant collection of retail, dining and entertainment options in the thriving Arts District.

2130 Violet St is located near the confluence of Interstate 10, Interstate 5 and Highway 101, providing quick access to Southern California’s extensive freeway network and regional destinations. The Arts District subway station, which will be built at 6e Street and Santa Fe Avenue, is just half a mile from the property.

Mike Condon Jr, Pete Collins, Brittany Winn, McKenna Gaskill and Scott Menkus of Cushman & Wakefield are the building’s leasing agents. Learn more at www.2130Violet.com

About Lowe

Based in Los Angeles, Lowe, formerly known as Lowe Enterprises, is a leading national real estate investment, development and management company. Over the past 50 years, she has developed, acquired or managed more than $32 billion in real estate assets nationwide while pursuing her mission to create value in real estate by creating innovative and sustainable environments and meaningful experiences that connect people and places. Lowe currently has more than $2.5 billion in commercial real estate projects in the pipeline or under development. In addition to its headquarters in Los Angeles, Lowe has regional offices in Southern California, Northern California, Charleston, Denver, Seattle and Washington, D.C. Lowe’s hospitality subsidiary, CoralTree Hospitality, operates numerous hotels and resorts across the United States. Lowe’s commercial property operating subsidiary, Hospitality at Work®, provides a hospitality-inspired property management service to office buildings nationwide. Lowe’s affordable housing subsidiary, Concord Communities, is actively developing and redeveloping quality affordable communities in the Washington, DC metro area. For more information visit www.Lowe-RE.com www.2130Violet.com

About Related Fund Management

Related Fund Management is the third-party investment manager affiliated with related companies and currently manages approximately $10.9 billion in combined funds and separately managed accounts on behalf of public and private pension plans, endowments, family offices and sovereign wealth funds. RFM currently has a team of over 50 professionals headquartered in New York City with additional offices in Los Angeles, Dallas and South Florida. Since its creation in 2009, RFM has invested in all parts of the capital and in all the main real estate sectors.