The Lex at Lowry

Investment Highlights

Lex at Lowry is a truly unique property that is a miniature city in and of itself. The property contains a mix of mid-rise towers and large townhome units, with some floor plans reaching 1,990 SF. Lex is located in an A+ location, adjacent to Cherry Creek, luxury residential neighborhoods, and a master-planned redevelopment named Boulevard One that when completed, will bring Class-A retail, entertainment and dining options to the area. TruAmerica is budgeting $12.6 million to modernize, renovate and reposition this property. In addition to creating a more contemporary experience for current and prospective tenants, we plan to rebrand the property to build upon the excitement surrounding Boulevard One, a project that will elevate the status of the entire neighborhood. The property was acquired well below replacement cost and at a favorable cap rate vis-à-vis comparable sales.

Property Highlights

Situated in an affluent neighborhood and adjacent to “Boulevard One,” a Class-A retail/mixed-use development. Large spaces and designer finishes, meticulously groomed grounds, and a staff dedicated to the thoughtful touches that contribute to a higher standard of living.

Amenities

  • Indoor and outdoor swimming pools
  • Sauna and steam room
  • Fitness center
  • Racquetball court
  • Business center
  • Billiard rooms
  • Pet parks
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