When Low Tide’s President, Andrew Chang, joined the team in 2014, he knew growing the company meant diversifying beyond Vancouver. Identifying and investing in a second market was a critical part of the company’s strategic plan.
The question was: where? It would need to be a great investment opportunity while being ideally a short flight or drive away to allow the Low Tide team to continue its hands-on approach of managing its buildings and developing relationships with its tenants.
The answer turned out to be closer to home then expected. Just a few hours south of Vancouver, Seattle is the third fastest growing city in America. The active, casual lifestyle and Pacific Northwest landscape have made it a popular place for people to live and work, creating strong demand for multi-family developments.