Carr Properties Celebrates “Topping Out” of 4500 East West Highway

(JANUARY 31, 2014 – BETHESDA, MD.) – Carr Properties announced 4500 East West Highway hosted its Topping Out Celebration today. Executives and employees from the developer, leasing team, Transwestern, and builder, Clark Construction, donned hard hats to celebrate on the ground floor of the building, which is still under construction. Construction workers joined the guests in enjoying a catered buffet and speeches from company officials.

“We have reached an incredible milestone in our vision to build a world class office building offering top-of-the-line amenities to our prospective tenants,” Oliver Carr said. “4500 East West is setting a very high bar for new office development. I want to thank Montgomery County for their help with this development and offer my congratulations to the more than 150 workers from Clark Construction who have given so much heart to this project.”

4500 East West is a landmark office building offering optimum performance and tenant convenience in downtown Bethesda. The building has 220,400 rentable square feet and is pre-certified as LEED®-Platinum, with flexible and efficient workspace, exceptional amenities, and a Metro-accessible location. Dramatically wrapped in full-height glazed curtain wall, 4500 East West’s stunning “glass box” facade creates a bold, luminous presence in the heart of Bethesda. The nine-story building’s distinctive architecture continues throughout the interiors, where light-filled spaces, premium fixtures and materials, and crisp details clearly articulate the trophy quality of this singular property.

Amenities of 4500 East West include a 4,500-square-foot rooftop terrace with lush landscaping, a variety of covered and open air seating areas, a catering kitchen and panoramic views overlooking Bethesda and extending toward northwest Washington, D.C. The building features more than 13,000 square feet of street-level retail set above four levels of below-grade parking.

Transwestern’s Phillip McCarthy, Keith Foery and Jovi McAndrew are the leasing agents for this project. Construction is expected to conclude in the summer of 2014 and the building had its groundbreaking ceremony in November of 2012.

ABOUT CARR PROPERTIES

Carr Properties is a real estate investment company focused on creating value for its shareholders through new acquisitions, development and property management opportunities in the greater Washington area. The company has interests in over $1 billion of commercial office properties, including twenty-one existing office properties, and three major development properties – 1700 New York Avenue in Washington, DC, 2311 Wilson Boulevard in Arlington, Virginia, and 4500 East West Highway in Bethesda, Maryland. The company continues to expand its portfolio through strategic investments in the Washington area.

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