Our Story

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 14 commercial office properties totaling approximately 4.4 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.

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 customers can be at their best.


Our Leadership Team

Oliver Carr

Chief Executive Officer

Oliver Carr serves as Carr Properties’ Chief Executive Officer and is a member of our Board of Directors. Oliver serves as Chairman of the Executive Board of the Massachusetts Institute of Technology Center for Real Estate and serves on the Executive Committee of the Federal City Council. Prior to founding Carr Properties, Oliver served as Chairman and CEO of Columbia Equity Trust (NYSE:CEO), where he and his team successfully took the company public in 2005. During his career, Oliver has completed over $4 billion of property acquisitions, mergers, joint ventures, and financings. Oliver received his Master of Science in Real Estate Development from the Massachusetts Institute of Technology and his Bachelor of Arts in Urban Studies, with a concentration in Economics from Trinity College.

John Schissel

President & Chief Financial Officer

John Schissel serves as Carr Properties’ President and Chief Financial Officer. In this role, he oversees the Company’s Accounting, Finance, Human Resources, Operations, and Technology functions. John has over 30 years of experience collectively in the capital markets and as an executive for both public and private real estate company platforms. In addition to his experience at Carr Properties, John served as Executive Vice President and CFO of Invitation Homes, the nation’s largest owner and operator of single-family rental homes. Prior to Invitation Homes, John served as EVP and CFO of BRE Properties, a NYSE listed, West Coast apartment REIT. John’s career experience also includes serving in Wachovia Securities’ Real Estate Investment Banking Group. John received his Bachelor of Science in Business Administration with a concentration in finance from Georgetown University.

Austen Holderness

Executive Vice President & Chief Development Officer

Austen Holderness serves as Carr Properties’ Chief Development Officer and oversees all ground-up development activity at Carr Properties, from deal acquisition through the stabilization of each asset, including oversight of all matters related to design, development, construction management, and joint ventures. His responsibilities include sourcing and evaluating new development opportunities. Prior to joining Carr Properties, Austen distinguished himself as a Senior Development Associate at CarrAmerica Realty Corporation. During his career he has managed $2.75 billion (five million square feet) in commercial real estate development. Austen received his Bachelor of Arts from the University of North Carolina and his Master of Business Administration from the Darden School of Business at The University of Virginia.

James Berkon

Senior Vice President, Design & Construction

James Berkon, Senior Vice President of Design and Construction, is responsible for managing Carr Properties’ base building design and construction projects, including the landmark Midtown Center. Every project benefits from his 44 years of design and real estate experience. Prior to joining Carr Properties, James served as Vice President of Design and Construction at Monday Properties, Director of Design and Construction at Brookfield Properties, and Vice President of Design and Construction at CarrAmerica Realty Corporation, managing some of the largest development projects in their portfolio. Before joining CarrAmerica Realty Corporation, James served as a Senior Associate at architecture firm Arthur Cotton Moore/Associates for 10 years. James received his degree in Architecture from The Pennsylvania State University and is a registered architect.

Michael Comer

Senior Vice President & Chief Accounting Officer

Michael Comer serves as Carr Properties’ Chief Accounting Officer, bringing over 20 years of experience in commercial real estate. Michael most recently served as Senior Vice President and Chief Accounting Officer at First Potomac Realty Trust, a self-managed REIT focused on owning and operating office and business park properties in greater Washington, D.C. Prior to joining First Potomac, Michael was Controller at Washington Real Estate Investment Trust. Michael also previously served as a manager in corporate accounting at The Federal Home Loan Mortgage Corporation and performed audit, consultation and advisory services at KPMG LLP. Michael is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants. Michael received his Bachelor of Science in Accounting from the University of Maryland.

Dominique Daschle

Senior Vice President, Human Resources & Culture

Dominique Daschle, Senior Vice President of Human Resources & Culture, joined Carr Properties in 2004 and has served in a number of roles in the organization before assuming responsibility for all aspects of Carr Properties’ human resource management in 2010. Dominique oversees talent development, associate engagement and culture, staffing, compensation, compliance, and benefits administration. Prior to joining Carr Properties, Dominique worked in event planning, professional development, intercultural communication, and consulting in the United States, Brazil, and Argentina. She has lived in eight countries in the Middle East, Europe, and South America, and is fluent in English, French, and Spanish. Dominique received her Bachelor of Arts in Communication Theory with an emphasis in Personnel Management from the University of San Francisco.

Edward Lash

Senior Vice President, Construction Management

Edward Lash, Senior Vice President of Construction Management, brings more than 20 years of real estate experience to the management of the Carr Properties’ construction and special development projects. Prior to joining Carr Properties in 2005 he was a Vice President at CarrAmerica Realty Corporation and a Senior Project Manager at Charles E. Smith Companies. Edward received his degree in Civil Engineering from the University of Colorado.

Mitzi McNair

Senior Vice President, Brand & Hospitality

Mitzi McNair is the Senior Vice President of Brand & Hospitality for Carr Properties and is responsible for driving the transformation of the workplace experience defined by luxury hospitality, service, amenities and design. She also oversees all of the marketing and branding efforts for the company. Mitzi is a veteran in the luxury hospitality space. Prior to joining Carr Properties, she held brand leadership roles over many of Marriott’s luxury brands, including JW Marriott, The Ritz-Carlton, Ritz-Carlton Reserve, The Luxury Collection and BVLGARI with great success. She has also held roles within corporate finance, marketing, and strategic consulting with Apple, Delta Airlines, and Accenture. Mitzi received her Bachelor of Science from Texas A&M and a Master’s in Business Administration from the University of North Carolina at Chapel Hill.

Jackson Prentice

Senior Vice President, Portfolio Management
Jackson Prentice Headshot

Jackson Prentice, Senior Vice President of Portfolio Management, leads Carr Properties’ efforts to achieve maximum profitability and returns for its portfolio. In this capacity, Jackson oversees the asset management, construction management, leasing, and sustainability divisions for Carr Properties. Before joining Carr Properties, Jackson oversaw MRP Realty’s office portfolio as SVP-Director of Portfolio Management. Jackson joined MRP Realty from Troutman Sanders law firm, where he served as a Senior Associate, practicing in the firm’s Real Estate Commercial Ownership, Leasing and Management, Real Estate Finance, and Lending and Structured Finance groups. During his career, Jackson has managed over 13 million square feet of office and retail space in the Washington D.C., Philadelphia, New York, and Boston markets. Jackson received his Bachelor of the Arts with honors from Bowdoin College and his Juris Doctor and Master of Business Administration from Wake Forest University.

Eric Tracy

Senior Vice President, Capital Markets

Eric Tracy serves as Carr Properties’ Senior Vice President of Capital Markets. Eric is responsible for both corporate and property level capital markets strategy for Carr Properties, and oversees the Company’s capital raises, corporate and property financings, and hedging transactions. Prior to joining Carr Properties in 2016, Eric served as Director in the Real Estate Investment Banking Group of Eastdil Secured / Wells Fargo Securities covering public REITs. Eric began his career in the Assurance & Business Advisory group at Arthur Andersen LLP. Eric received his Master of Business Administration from the Kenan-Flagler Business School at the University of North Carolina and his Bachelor of Science in Commerce from the University of Virginia.

Ilan Zachar

Senior Vice President & Chief Technology Officer

Ilan Zachar is responsible for directing all corporate technology, strategy, and standards for Carr Properties. Ilan has consistently selected, architected, and implemented solutions for Carr Properties that have transformed the Company’s operations, uniquely balancing speed of delivery with uncompromising quality of service, all while helping us remain on the cutting edge of technology. Ilan plays a critical role in helping standardize compliance and build a strong infrastructure to accommodate Carr Properties’ growth. Prior to joining Carr Properties, Ilan served as Global Chief Information Officer for Gazit Group where he helped grow 23 shopping centers in the Southeast region of the United States to over 640 shopping centers across four continents. Ilan holds a Bachelor’s in Business Administration with an emphasis in Finance from American Continental University.

Jason Bockenek

Vice President, Development

Jason Bockenek, Vice President of Development, brings more than 15 years of experience to Carr Properties. Jason oversees underwriting, zoning and legal matters and manages project delivery and leasing efforts. Since joining the company in 2011, Jason has participated in the development of urban, mixed-use projects totaling approximately 3.8 million square feet. Prior to joining the Company, Jason managed the development of office and hospital projects located in Washington, D.C. and San Francisco. Jason earned his Bachelor of Science in Civil Engineering from the University of Virginia and his Master in Business Administration from Kenan-Flagler Business School at the University of North Carolina.

Christian Clifford

Vice President, Sustainability & Head of Special Projects

Christian Clifford, Vice President of Sustainability and Head of Special Projects, is responsible for overseeing all new sustainability integration across Carr Properties’ portfolio. Christian has over 30 years of real estate experience. Prior to joining Carr Capital Corporation as Managing Director of Asset Management in 1998, Christian worked with PaineWebber Properties’ Asset Management group. Christian received his Bachelor of Arts from Colorado State University and his Master of Business Administration from Boston College.

Linda Cogburn

Vice President, Operations

Linda Cogburn, Vice President of Operations, co-leads property management of Carr Properties’ owned and managed portfolio. Linda has over 30 years of Washington, D.C. metropolitan area commercial real estate experience. Prior to joining Carr Properties, Linda served as Senior Director of Property Management at Penzance, Vice President of Property Management at Monday Properties, Managing Director at Equity Office Properties Trust, and General Manager with CarrAmerica Realty Corporation. She started her career in real estate in 1987.

Glen Holsinger

Vice President, Asset Management

Glen Holsinger serves as Vice President of Asset Management and is responsible for coordinating the implementation of the investment strategy of Carr Properties’ Washington, D.C. and Northern Virginia commercial buildings. Glen ensures that properties meet or exceed performance expectations by working closely with the Leasing, Operations, Capital Markets, Development, Construction, Accounting, and Lease Administration teams to review, implement, and evolve management strategy. Prior to joining Carr Properties in 2013, Glen served as Vice President of Asset Management for Brandywine Realty Trust’s 3.8 million square feet across the Washington, D.C. area. Glen received his Bachelor of Science in Business Administration from Old Dominion University.

Rodney Lambert

Vice President, Engineering

Rodney Lambert, Vice President of Engineering, is responsible for the property operations teams within Carr Properties’ portfolio in the Washington D.C. Metro area and Boston, including sustainable operations, preventive maintenance, and capital project oversight. He also assists with development projects and property acquisitions. Rodney has over 39 years of experience in commercial real estate. Prior to joining Carr Properties in 2007, Rodney worked for property management and development company Trammell Crow, overseeing approximately five million square feet of commercial real estate. Rodney holds a D.C. 3rd Class Steam License, Universal Chlorofluorocarbon Designation, Copland Certification, Yaskawa Certification, Occupational Safety and Health Administration Safety Series Certification, and is a member of Building Owners and Managers Association and Apartment and Office Building Association of Metropolitan Washington.

Francis Lynch

Vice President, Investments

Francis Lynch serves as Vice President of Investments. Francis is responsible for sourcing and executing acquisitions, managing dispositions, and otherwise implementing Carr Properties’ investment strategy. Prior to joining Carr Properties, Francis was Director of Investments at Sunwater Capital Management and Clark Enterprises. Before those positions, he was in the Real Estate Investment Banking group at BMO Capital Markets. During his career, Francis has been responsible for over $2.3 billion in property-level transactions and over $18 billion in corporate capital markets and advisory transactions. Francis received his Bachelor of Arts in Mathematics and Economics at Sewanee: The University of the South. He also holds the Chartered Financial Analyst designation.

Allison Marino

Vice President, Corporate Controller

Allison Marino serves as Vice President, Corporate Controller. Allison joined Carr Properties in May 2015 and is responsible for managing the company’s Accounting and Revenue Recognition departments, including issuance of financial statements in Generally Accepted Accounting Principles and International Financial Reporting Standards. She has over 10 years of experience in commercial real estate and hospitality industries. Prior to joining Carr Properties, Allison served in Marriott International’s Financial Reporting and Analysis group. She began her career at Ernst & Young, LLP in their real estate practice. Allison is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants. She received her Bachelor of Science in Business Administration from the University of Pittsburgh and her Master of Business Administration from the University of North Carolina.

Jesse Mishler

Vice President, Financial Planning & Analysis

Jesse Mishler, Vice President of Financial Planning and Analysis, is responsible for directing the financial planning, long-term forecasting, investor and executive reporting, and analytical activities of the Company. Jesse has over 20 years of experience in commercial real estate. Prior to joining Carr Properties, Jesse served as a Consulting Manager at Real Foundations and a Finance Director at CarrAmerica Realty Corporation. Jesse is a veteran of the United States Marine Corps and received his Master in Real Estate from Georgetown University.

Kaitlyn Rausse

Vice President, Leasing

Kaitlyn Rausse serves as Carr Properties’ Vice President of Leasing. Kaitlyn is responsible for generating and executing commercial leasing transactions throughout our portfolio. She utilizes her comprehensive market knowledge and expertise to structure lease transactions that implement the asset strategy and ensures the highest possible portfolio performance. Kaitlyn has over 10 years of experience in commercial real estate and prior to joining Carr Properties, she was an Associate on the in-house leasing team at JBG Smith. Kaitlyn is on the Board of Directors for the Commercial Real Estate Brokerage Association (CREBA), and is an active member of Northern Virginia Commercial Real Estate Development Association (NAIOP), and Commercial Real Estate Women (CREW). Kaitlyn graduated with a Bachelor of Science in Business Administration from Virginia Polytechnic Institute and State University, and earned her Master of Science in Real Estate Development and Infrastructure from the Carey Business School at Johns Hopkins University.

Karyn Rozek

Vice President, Operations

Karyn Rozek, Vice President of Operations, co-leads property management of Carr Properties’ owned and managed portfolio. She has over 30 years of commercial real estate experience. Prior to joining Carr Properties, Karyn served as Vice President at CarrAmerica Realty Corporation, where she worked from 1987 to 2005. Karyn received her Bachelor of Science in Marketing from Northern Illinois University.

Alison Wertzler

Vice President, Design & Construction

Alison Wertzler serves as Vice President of Design and Construction and oversees The Wilson & The Elm development project in Bethesda, Maryland. Prior to joining Carr Properties, she served as Vice President at Clark Construction where she spent over 20 years contributing to significant development projects in the Washington, D.C. Metro area, including 600 Massachusetts Avenue NW, 901 New York Avenue NW, the International Monetary Fund Headquarters II, Lot 31 in Bethesda, Maryland, and the Dulles Silver Line Phase Two project. Alison received her degree in Civil Engineering from the University of Virginia.


Our History

1994

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

1998

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

1998–2005

Carr Capital Corporation and its investment partners acquire 14 commercial office properties in the Washington, D.C. central business district and suburban office submarkets.

2005

Carr Capital Corporation rebrands as Columbia Equity Trust, Inc. and completes an initial public offering (NYSE:COE). The company raises $207 million of equity as the preeminent owner and operator of mid-sized commercial office properties in the greater Washington, D.C. area.

2007

Shareholders approve the acquisition of the company by an affiliate of the Commingled Pension Trust (Special Situation Property Fund) of JPMorgan Chase Bank, N.A (SSPF). At the time of the sale Columbia Equity controls over three million square feet of office space. Former executives of CarrAmerica Realty Corporation join the company during this time. The company operates as a vertically integrated private REIT with best-in-class management and development capabilities. The company is branded as Carr Properties.

2013

Alony Hetz Properties & Investments Ltd., one of Israel’s largest publicly held real estate investment holding companies, purchases 50% of SSPF’s interest in Carr Properties, providing the company with significant growth capital.

2017

Carr Properties completes a $300 million convertible debt investment with Clal Insurance Enterprises Holdings Ltd. and its affiliates.

2018

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 and The HYM Investment Group to develop One Congress, a 43-story, one million square foot office tower located in the heart of downtown Boston.


Our Capabilities

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.

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.

LEASING

Our leasing team brings a combined 40 years of experience and long-standing and rooted broker relationships throughout the greater Washington, D.C. area. The leasing team works closely with our development, asset management, and property management teams to provide a full-service and comprehensive approach to assess market rents and ensure the highest possible portfolio performance.

We use market knowledge to create leasing strategy, follow leads, and drive the deal process from start to finish. With this unique in-house service – whether working with tenant representative brokers or directly with customers – our team is prepared to provide the highest standard of service and hospitality.

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 our customers can always be at their 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.