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Portfolio Detail: Park Center I



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  Related News:

Stonewater Sells Park Center I for $73 Million
White Plains, NY — September 18,2007

Stonewater Closes $37.5 Million Office Tower in Alexandria, VA
White Plains, NY — November 25, 2004

New Deals: Virginia Office Property
Real Estate Alert


Park Center I :: Alexandria, VA

Park Center is a 14-story office building, 100% leased to the GSA. Since 1982, the building has served as the national headquarters for the U.S. Department of Agriculture's (USDA) Food and Nutrition Services and the U.S. Department of Defense (DoD) Army Audit Agency.

Acquisition Date: November 2004
Occupancy: 100%
No. of Buildings: 1
Year Built: 1982 (Complete Renovation in 2001)
Square Feet: 230,675
Tenants: Food and Nutrition Services (USDA), Army Audit Division (DoD)
Tenant Rating: AAA
Lease Expiration: 2017
SOLD: Sold to insurance company
September 2007



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