{"id":1004606168,"date":"2022-10-10T05:58:44","date_gmt":"2022-10-10T13:58:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004606168"},"modified":"2022-12-08T18:58:22","modified_gmt":"2022-12-09T02:58:22","slug":"lowe-related-fund-complete-la-office-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lowe-related-fund-complete-la-office-building\/","title":{"rendered":"Lowe, Related Fund Complete LA Office Building"},"content":{"rendered":"<div id=\"attachment_1004606170\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/2130-Violet-St.-e1665409049968.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004606170\" data-attachment-id=\"1004606170\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lowe-related-fund-complete-la-office-building\/2130-violet-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/2130-Violet-St.-e1665409049968.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2130 Violet St.\" data-image-description=\"&lt;p&gt;2130 Violet St.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;2130 Violet St.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/2130-Violet-St.-e1665409049968.jpg?w=1000\" class=\"wp-image-1004606170 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/2130-Violet-St.-e1665409049968.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/2130-Violet-St.-e1665409049968.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/2130-Violet-St.-e1665409049968.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/2130-Violet-St.-e1665409049968.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004606170\" class=\"wp-caption-text\">2130 Violet<\/p><\/div>\n<p>The <strong>Lowe Enterprises<\/strong> and <strong>Related Fund Management<\/strong> joint venture has completed 2130 Violet, a 113,000-square-foot office building in downtown Los Angeles, in the Arts District neighborhood.\u00a0The developers <a href=\"https:\/\/www.commercialsearch.com\/news\/lowe-related-fund-commence-60m-los-angeles-office-project\/\">broke ground<\/a> on the $60 million project in 2020, financing the construction with a $54.2 million loan from <strong>Bank OZK<\/strong>, according to CommercialEdge data.<\/p>\n<p>The nine-story, Class A facility includes four floors of office space, as well as 3,300 square feet of retail space and a parking ratio of more than 3 spaces per 1,000 square feet. Terraces and balconies are found on every floor, as well as a 3,000-square-foot rooftop deck. <strong>Cushman &amp; Wakefield<\/strong>\u2019s Mike Condon Jr., Pete Collins, Brittany Winn, McKenna Gaskill and Scott Menkus spearhead the leasing efforts at the property.<\/p>\n<p>The office building at 2130 Violet St. is near the confluence of interstates 10, 5 and Highway 101, connecting it to Glendale, Calif., Santa Monica, Calif., and Santa Ana, Calif. The property is only 1.5 miles from the upcoming Arts District Regional Connector Station.<\/p>\n<h2>Wellness and workspaces<\/h2>\n<p>Incorporating various wellness and health elements, the building has a modern HVAC system with 100 percent outdoor air circulation and touchless systems. Lowe also installed public infrastructure when developing the property, including tree grates, landscaping and sidewalks, to create a walkable area to the dining and retail options located nearby. Other features are floor-to-ceiling glass, solar panels and efficient systems for reduced utility costs.<\/p>\n<p>The focus on health, wellness and workspaces has become a key factor for developers and landlords, especially in Los Angeles, where many office buildings are being constructed or renewed. One of the ongoing projects is the\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/inside-west-las-upcoming-experiential-office\/\">$300 million redevelopment<\/a> of Trident Center, in West Los Angeles\u2019 Sawtelle district.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The developers broke ground on the $60 million project in 2020.<\/p>\n","protected":false},"author":3014,"featured_media":1004606172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1594,21742,21747,15],"tags":[32799,36098,50827],"class_list":["post-1004606168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-los-angeles","category-latest","category-office","category-west","tag-cushman-wakefield","tag-lowe-enterprises","tag-related-management-fund"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lowe, Related Fund Complete LA Office Building - MHN<\/title>\n<meta name=\"description\" content=\"Lowe and Related Fund Management JV has announced the completion of a 113,000-square-foot office building in downtown Los Angeles.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/lowe-related-fund-complete-la-office-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lowe, Related Fund Complete LA Office Building\" \/>\n<meta property=\"og:description\" content=\"Lowe and Related Fund Management JV has announced the completion of a 113,000-square-foot office building in downtown Los Angeles.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lowe-related-fund-complete-la-office-building\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-10T13:58:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:58:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/10\/2130-Violet-St.-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Firtea\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lowe-related-fund-complete-la-office-building\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lowe-related-fund-complete-la-office-building\\\/\"},\"author\":{\"name\":\"Diana Firtea\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/a0c04b9de1387474e28c9ebdb0444e59\"},\"headline\":\"Lowe, Related Fund Complete LA Office Building\",\"datePublished\":\"2022-10-10T13:58:44+00:00\",\"dateModified\":\"2022-12-09T02:58:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lowe-related-fund-complete-la-office-building\\\/\"},\"wordCount\":283,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/lowe-related-fund-complete-la-office-building\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/10\\\/2130-Violet-St.-1.jpg\",\"keywords\":[\"Cushman &amp; 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