Company Overview

Carr Properties is changing the workplace experience. We are moving beyond the traditional approaches to design and operations towards a workplace centered around hospitality and flexibility.

With each property, we reimagine the way people experience the workplace. We call it the Carr Experience, designed around service, hospitality and the optimization of self. The Carr Experience promotes connection, balance, and wellbeing so that our Carr Community Customers can be at their best.

Carr Properties is a privately held real estate investment trust that owns, manages, acquires, and develops high-quality properties in Washington, D.C. and Boston, Massachusetts. The company currently owns a portfolio of seventeen commercial office properties totaling approximately 4.7 million square feet and maintains a pipeline of five development projects that will add a further 2.4 million square feet to our portfolio of properties. We are continuing to expand through strategic investments in the Washington, D.C. and Boston, Massachusetts areas.

DEVELOPMENT
Property development is one of the principal ways we create value for shareholders, customers, and communities. We have earned our reputation as developers of exceptional properties by building prominent office, mixed-use, residential, retail, and cultural properties to the highest standards. Carr buildings are distinguished by their premier quality, custom features, holistic design, digital integration, certified efficiency, and positioning within the community.

We operate in dynamic, thriving, storied cities. Our properties integrate the revered traditions of Washington, D.C. and Boston with everything we know today about design, community-building, energy efficiency, and environmental impact. The Carr family’s commitment to urban renewal is a century old.

ACQUISITIONS
Our team’s expertise in strategic property acquisitions is core to our success. We count tax-deferred acquisitions, entity purchases, corporate mergers, and portfolio transactions among our strengths.

Our team is actively seeking investment opportunities in the Greater Washington, D.C. and Boston, Massachusetts markets, focusing on acquisitions in urban, transit-oriented locations. Our approach values stabilized office properties, properties that offer a redevelopment or repositioning opportunity, and land for development of new offices. We generally seek acquisitions valued above $50 million.

PROPERTY MANAGEMENT
Changing the workplace experience means taking a different approach to property management. We challenge traditional approaches to operations and build immersive and interactive office experiences. We create connections, strike balances, and promote wellbeing, so the Carr Community can always be at its best.

We provide property management services to our portfolio properties and to third-party properties. To us, work environments are at their best when services are effortlessly integrated. We employ exceptional talent and the latest technologies to set a new bar for what customers can expect from their workplace.

Company Summary
Name
CARR Properties
Industry
Number of Employees
51-200
Phone
(202) 355-1885
Location
1615 L Street Northwest
#650
Washington, DC
20036