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June 25, 2020

Lowe launches retail arm

Lowe, of Los Angles, is an active developer in the Seattle area, with the 286-unit Talisman recently opened in Redmond, and about 549 units now under construction at Yesler Terrace. Now it's announced what it calls Retail reVision, under the guidance of Joel K. Mayer, who makes the move from Rockwood and will be based in L.A. He'll work with Lowe's Suzi Morris, who's based in Seattle. The company says it created Retail reVision to pursue the repositioning and redevelopment of underperforming retail properties. The Pacific Northwest will be one of its target markets. Lowe now has about $2 billion worth of projects in its pipeline, according to the company.




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