WHEATON, MD—Now that Lowe Enterprises hascompleted the conversion of a Wheaton office building to aresidential property, the company is exploring the possibility ofdoing similar projects in the area.
The Los Angeles-based firm recently finished the $44-millionredevelopment of an office building at 11411 Georgia Ave. into a194-unit apartment building that has been renamed “The George.”
Lowe Managing Director Mark Rivers says thecompany is exploring the prospect of converting more offices toresidential, according to the Washington Business Journal.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
