Lowe Forms Denver-Based Commercial Real Estate Brokerage Skye Commercial – Hires Industry Veteran Alec Wynne as Managing Broker
DENVER–(BUSINESS WIRE) – Lowe, a national real estate developer, investor, and manager, today announced the establishment of a new division, Skye Commercial, a Denver-based, full-service owner and user brokerage firm focused on the office, retail, industrial and industrial sectors Hotel real estate. Skye is led by Alec Wynne, who brings more than 22 years of commercial real estate experience to his new role as Managing Broker.
“The creation of an independent brokerage company continues Lowe’s initiative to build a differentiated, full-service commercial real estate platform that prioritizes personalized customer service and emphasizes customization,” said Mike Lowe, Co-CEO of Lowe.
Lowe is an experienced owner, developer and operator of all types of commercial real estate, including office, industrial, multi-family, retail and hotel properties. In addition to Skye Commercial, the divisions include a property management company, Hospitality at Work®; CoralTree Hospitality, a specialist hotel and resort management company; and Concord Communities, an affordable investor and residential real estate developer. In 2019, Hospitality at Work acquired Denver-based Rise Commercial, whose brokerage team will now be part of Skye Commercial.
“Alec is a highly respected industry professional who is well placed to lead Skye Commercial and build on our mission to create a high-touch, customer-centric brokerage firm that will thrive by bringing a diversity and teamwork model to its holdings” he said to Marty Caverly, executive vice president of Lowe.
Most recently, Wynne was Managing Director and Principal at Ascendant Realty. Previously, he was General Manager of Avison Young’s Denver office, which he opened with a team of 11 professionals in December 2012 and which quickly grew to 26 professionals under his leadership. Wynne has represented commercial property owners and tenants in markets in the United States and around the world. During his long career with major national corporations and institutions, Wynne has worked on property sales and leasing transactions totaling over 7 million square feet and valued at $ 3 billion.
“Skye Commercial will share the same values and high standards set by Lowe, a respected national commercial real estate company. A focus on integrity, customer service and team spirit permeates all of Lowe’s businesses and forms the foundation for Skye Commercial. Every customer will benefit from the insights of our entire team of professionals who we believe are a powerful differentiator for our business that customers will appreciate, ”said Wynne.
Wynne at Skye includes Terrence Pace, senior director, formerly Jones Lang LaSalle, and CJ Valencia, associate director of Ascendant Realty, and Bill Woodward and Linda Ka, both of Rise Commercial. Skye Commercial will be based in Denver and serve business services across Colorado.
Lowe has a long history in Denver and has had a regional office there since 1985. The company currently operates approximately four million square feet of commercial space in the Denver area.
About Skye Commercial
Skye Commercial is a division of national real estate investor, developer and manager Lowe. Based in Denver, Skye is currently focused on leasing and selling commercial real estate in the Denver metropolitan area and Colorado’s Front Range. Skye’s business model promotes a collaborative team approach and emphasizes diversity, equity and inclusion. It offers its customers a personal service with a high touch. More information about Skye Commercial and its activities can be found at www.Skye-CRE.com
Los Angeles-based Lowe, formerly known as Lowe Enterprises, is a leading national real estate investment, development and management firm. Over the past 49 years, the company has developed, acquired, or managed more than $ 32 billion in real estate assets nationwide as it pursued its mission of value by creating innovative, lasting environments and meaningful experiences that connect people and places in real estate to create. Lowe currently has more than $ 2 billion in commercial real estate projects in the pipeline or under development. In addition to its headquarters in Los Angeles, Lowe has regional offices in Southern California, Northern California, Charleston, Denver, Seattle and Washington, DC. CoralTree Hospitality, the Lowe subsidiary, operates numerous hotel and resort properties in the United States. Lowe’s commercial property subsidiary, Hospitality at Work®, provides hospitality-inspired property management services to office buildings across the country. More information is available at www.Lowe-RE.com, www.hospitality-work.com, www.coraltreehospitality.com, www.concordcommunities.com.