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Washington DC & Mid-Atlantic  + Office  | 

USAA Real Estate, Lowe Acquire Park Center in Alexandria, VA

A joint venture between USAA Real Estate and Los Angeles-based Lowe acquired the Park Center office complex in Alexandria, VA from Northwestern Mutual for an undisclosed amount. The three adjacent commercial real estate office buildings, located at 4300 King St., 3101 Park Center Dr. and 4401 Ford Ave., total 566,000 square feet.

Situated at the intersection of I-395 and King Street, Park Center is close to the Pentagon, Crystal City, Ronald Reagan National Airport and downtown Washington, DC. Lowe’s Joe Carrol and USAA Real Estate’s Bruce Childs led the acquisition team. HFF represented the seller, and also arranged financing for the transaction.

Lowe and USAA Real Estate most recently teamed up on the development of the 705,000-square-foot National Science Foundation Headquarters building, which was completed in August 2017.

For comments, questions or concerns, please contact Dennis Kaiser

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Inside The Story

Connect With Lowe’s CarrolConnect With USAA Real Estate’s ChildsConnect With HFF’s Stephen Potts

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., 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, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition