Lowe and USAA Real Estate Unveil Park + Ford, Transformation of 1980s Era Office Complex Into Modern Apartments in Alexandria, Virginia
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Wednesday, June 29, 2022
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The 568,000-square-foot Park Center office complex consisting of two 14-story office towers and a four-story office building constructed atop a 1,400-space parking garage was acquired by the joint venture in January 2018.
Key Points:
- The 568,000-square-foot Park Center office complex consisting of two 14-story office towers and a four-story office building constructed atop a 1,400-space parking garage was acquired by the joint venture in January 2018.
- Park + Ford offers apartments configured as studio, one-bedroom, one-bedroom plus den, two-bedroom, and two-bedroom plus den floorplans, many with private terraces or balconies.
- Lowe established its Washington, D.C. area office in 1980 and has been an active developer of commercial real estate throughout the region.
- Lowe currently has more than $2 billion in commercial real estate projects in the pipeline or under development.