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We Provide Environments Where Our Customers Can Flourish

We create thoughtfully designed, sustainable environments supported by a service philosophy that puts customers first. Through this approach, we have established ourselves as a trusted partner and transformed every property into More Than an Address.

Our Foundation

By Always Caring for Our Customers, We Enable Them to Thrive

From our beginnings as Carr Capital Corporation in 1994 to today’s Carr Properties, our story is one of aspiration and innovation in real estate. What started as a small merchant banking and investment firm has evolved into a premier commercial and residential real estate company known for quality, creativity, and a commitment to the customer experience.

Every decade has brought new opportunities and growth—from our expansion across Boston, Massachusetts; Washington, DC; and Austin, Texas, to redefining what hospitality in real estate means.

Our dedication to excellence and service has remained constant, guiding how we build, manage, and care for every property and our customers.

Carr Properties Through the Years

Milestones That Have Shaped Our Story

1994
1998
2005
2007
2013
2018
2021
2025
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Classical university architecture at MIT featuring domed roof, stone columns, and open campus lawn
1994

It All Begins

Oliver Carr forms Carr Capital Corporation with classmates from graduate school at the Massachusetts Institute of Technology. Carr Capital Corporation operates as a privately held real estate merchant banking and investment company with headquarters in Boston, Massachusetts.

Panoramic Washington DC cityscape showing Jefferson Memorial waterfront and Capitol building under blue sky
1998

Hello, DC

Carr Capital Corporation relocates to Washington, DC. The team builds on the reputation that the Carr family has formed over four generations in the Washington, DC real estate market.

New York City Wall Street sign photographed in historic financial district with American flags displayed
2005

Going Public

Carr Capital Corporation rebrands as Columbia Equity Trust, Inc. and completes an initial public offering (NYSE:COE).

2007

Meet Carr Properties

Columbia Equity Trust is acquired by J.P. Morgan Asset Management. The company is renamed Carr Properties and operates as a vertically integrated private REIT with best-in-class management and development capabilities.

2013

Growth Mode

Alony Hetz Properties & Investments Ltd., one of Israel’s largest publicly held real estate investment holding companies, purchases 50% interest in Carr Properties, providing significant growth capital that allows the company to shift from suburban to urban focus and to expand in-house business units.

2018

Hello Again, Boston

Carr Properties announces its expansion into Boston, Massachusetts, with the acquisition of 200 State Street and the formation of a joint venture with National Real Estate Advisors to develop One Congress, a 43-story, one million-square-foot office tower in the heart of downtown Boston.

2021

Howdy, Texas

Carr Properties announces its expansion into Austin, Texas, with the acquisition of 100 Congress Avenue, one of Austin’s best and most prominent downtown office towers, overlooking Lady Bird Lake.

2025

Strategic Recapitalization

Carr Properties completes a strategic recapitalization of its ownership structure, redeeming J.P. Morgan’s equity stake in exchange for three properties and increasing long-term investor, Alony Hetz’, ownership to 79%. Additionally, Alony Hetz makes a significant new capital investment, underscoring its continued commitment to the Company.

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Awards

Recognized for Excellence

Industry recognition continues to affirm our reputation for exceptional design, customer care, and sustainability. The following honors represent a selection of the awards we have received, each reflecting the pride we take in leading with quality, service, and innovation.

The Brenman Archaeology Award for Outstanding Developer

2025 Alexandria Archaeological Commission Learn More

American Architecture Award in the Skyscraper & High Rises Category

2024 The American Architecture Awards Learn More

Most Intelligent Office Portfolio

2023 Realcomm | IBcon Learn More

Firm of the Year

2021 NAIOP DC | MD Learn More

Best Use of Automation in the
Commercial Real Estate Category

2020, 2021 Realcomm Learn More

American Architecture Award

2019 The Chicago Athenaeum Museum of Architecture & Design Learn More

Design Excellence Award

2019 Gensler Learn More

Project of the Year

2019 CREBA Learn More

Capabilities

The Disciplines That Deliver Our Vision

By aligning development, investment, leasing, and hospitality-driven property management, we create places where experience and performance go hand in hand.

Want to learn more about our portfolio?