Manatt Advised Lowe Enterprises on Opportunity Zone Joint Venture with Related Fund Management

A Manatt team led by real estate partner Timi Hallem recently represented Lowe Enterprises in the formation of an Opportunity Zone joint venture with Related Fund Management. The venture was created to develop an approximately 113,000-square-foot, nine-story office building located at 2130 Violet Street in the vibrant Arts District in downtown Los Angeles – a designated Opportunity Zone.

Lowe began the planning and predevelopment of this building in 2017, and construction of the project is expected to be completed in the first quarter of 2022.  

The Manatt team advising Lowe also included corporate and finance partner Neil Faden, tax partner Megan Christensen and real estate associate Laura D’Iorio

For further information, please see Lowe and Related’s jointly issued press release here.

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