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National  + Virginia  + Apartments  | 

AvalonBay Nabs Maryland MF from Trammell Crow for $83M

Arlington, VA-based AvalonBay Communities, Inc. acquired Alexan Concorde, a 310-unit, Class A luxury apartment community in Linthicum Heights, MD.  The multifamily asset was sold for $83 million by a joint venture between Trammell Crow Residential and an affiliate of Western & Southern Financial Group.

Located at 811 Concorde Circle, the community is less than a mile from the Baltimore-Washington Parkway (Highway 295) and adjacent to Baltimore-Washington International (BWI) Airport. The 11.4-acre property is in a quiet wooded neighborhood setting, yet accessible to more than 36.5 million square feet of office space within 10 minutes. Completed in 2016, the Alexan Concorde’s five elevator-serviced buildings house a mix of studio, one, two and three-bedroom units.

HFF’s Walter Coker and Brian Crivella marketed the property exclusively on behalf of the seller, and procured the buyer. Western & Southern Financial Group was represented by its subsidiary, Eagle Realty Group.


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition
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