Carr Properties Revenue and Competitors

Carr Properties is a privately-held real estate investment trust focused on creating value for its shareholders through the ownership, acquisition and development of high-quality office properties in the Washington, D.C., and Boston Massachusetts areas. The company maintains ownership of 16 commercial office properties totaling over 4 million SF as well as five major development properties: Midtown Center and 350 Morse Street in Washington, DC; 7272 Wisconsin Avenue in Bethesda, Maryland; 2311 Wilson Boulevard and 2025 Clarendon Boulevard in Arlington, Virginia. Upon completion, these projects will add an additional 2.4 million SF of trophy-quality office space to the company?s portfolio. The company?s other development projects include 1700 New York Avenue and 901K Street in Washington DC, 1701 Duke Street in Alexandria, Virginia, and 4500 East West Highway, Bethesda?s first LEED® Platinum office building. The company is continuing to expand its portfolio through strategic investments in the Washington area. The company?s largest investors include a commingled fund of institutional investors advised by J.P. Morgan Asset Management and Alony Hetz Properties and Investments, Ltd. (TASE:ALHE) with additional interests held by a variety of limited partners, including the Oliver Carr Company and Clark Enterprises. Carr Properties is proud to build on the real estate tradition established by the Carr family for over 100 years in the Washington, DC area.