Rising office rents and a strong economy have fueled owner-user demand, but with limited supply, there aren’t many options for small businesses to purchase office space.
Guardian Life Insurance Co. of America acquires the equity interest in Lowe Enterprise Investors, and senior management retains a 20% stake in the company.
The company also announced plans to establish new sites in Seattle, San Diego and Culver City and expand in cities across the United States including Pittsburgh, New York and Boulder, Colorado over the next three years.
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