Carr Properties is a privately-held real estate investment trust that owns, manages, acquires, and develops premium commercial properties in Washington, DC, Boston, Massachusetts, and Austin, Texas. Through thoughtfully designed amenities, sustainable work environments, and a distinguished service philosophy, we provide environments where our customers and guests can flourish. We call this The Carr Experience. Our portfolio currently consists of 13 office properties totaling approximately 4.4 million square feet and two sites for future multi-family development. Additionally, we manage three third-party properties, totaling 1.6 million square feet.

The Carr Experience


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 on the Executive Committee of the Federal City Council, serves on the Advisory Board of Housing Nantucket, is the former Chairman of the Executive Board of the Massachusetts Institute of Technology Center for Real Estate, and is a member of the Real Estate Roundtable. 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 $7.5 billion of property acquisitions, developments, 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

John Schissel serves as Carr Properties’ President and is a member of our Board of Directors. In this role, he oversees the company’s Operations, Financial, Human Resources, Technology, and Brand and Hospitality functions. John has over 30 years of collective experience in the capital markets and as an executive for both public and private real estate company platforms. John re-joined Carr in 2015 and was previously our Chief Financial Officer from 2004 – 2009. During this time, he was part of the team that successfully took the Company public through an initial public offering on the New York Stock Exchange in 2005 and also the Company’s subsequent acquisition by an affiliate of JP Morgan Asset Management in 2007. John’s prior experience includes serving as Executive Vice President and Chief Financial Officer of Invitation Homes, the nation’s largest owner and operator of single-family rental homes. John also previously served as EVP and CFO of BRE Properties, a NYSE listed, West Coast apartment REIT; and as a banker 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’ Executive Vice President and Chief Development Officer. Austen oversees all ground-up development activity, 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 $3.2 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.

Francis Lynch

Executive Vice President & Chief Investment Officer

Francis Lynch serves as Carr Properties’ Executive Vice President and Chief Investment Officer. Francis is responsible for sourcing and executing acquisitions, managing dispositions, and 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 $3.4 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.

Jackson Prentice

Executive Vice President & Chief Portfolio Officer
Jackson Prentice Headshot

Jackson Prentice, Executive Vice President and Chief Portfolio Officer, 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 Senior Vice President – 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, DC, 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

Executive Vice President & Chief Financial Officer

Eric Tracy serves as Executive Vice President and Chief Financial Officer. In this role, he oversees Carr Properties’ Finance and Accounting functions and is responsible for capital raising, treasury management, portfolio valuation, risk management, and financial strategy. Prior to joining Carr Properties in 2016, Eric was a Director in the Real Estate Investment Banking Group of Eastdil Secured / Wells Fargo Securities advising 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.

Dominique Daschle

Chief People Officer

Dominique Daschle, Chief People Officer, joined Carr Properties in 2004 and served in several roles 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.

Christopher Engstrom

Chief Accounting Officer

Christopher Engstrom serves as Carr Properties’ Chief Accounting Officer. Christopher oversees all aspects of the company’s accounting operations and financial reporting. Prior to joining Carr Properties, Christopher served as Senior Vice President of SEC Reporting at JBG SMITH (NYSE: JBGS) where he was responsible for overseeing financial reporting, technical accounting and SOX compliance. Before JBG SMITH, Christopher worked in KPMG’s accounting advisory practice and PwC’s assurance practice. Christopher received his Master of Science and Bachelor of Science, both with concentrations in Accounting, from the Robert H. Smith School of Business at the University of Maryland.

Ilan Zachar

Chief Technology Officer

Ilan Zachar is the Chief Technology Officer at Carr Properties. In this role, he directs all corporate technology, strategy, and standards for Carr Properties, leveraging his vision and foresight to drive best practices, processes, systems, and resources across the company’s operations and affiliates. With over 23 years of experience, Ilan has been a global executive business leader and innovative technology strategist for multinational real estate and property development companies. 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.

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 and One Congress. Every project benefits from his 48 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.

Linda Cogburn

Senior Vice President, Operations

Linda Cogburn, Senior Vice President of Operations, oversees Property Management of Carr Properties’ owned and third-party portfolio. Linda has over 30 years of commercial real estate experience in the Washington, DC metropolitan area. 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. Linda received her Bachelor of Science in Human Resource Management with honors from the University of Maryland Global Campus. She holds her LEED-GA, RPA, and CAPS credentials.

Jesse Mishler

Senior Vice President, Financial Planning & Analysis

Jesse Mishler, Senior 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

Senior Vice President, Leasing

Kaitlyn Rausse serves as Carr Properties’ Senior Vice President of Leasing. She has over 15 years’ experience in the commercial real estate industry, primarily focused on the leasing and asset management of office buildings. She utilizes her comprehensive market knowledge and expertise to navigate, structure, and negotiate leasing transactions throughout a diverse portfolio.  She is on the Board of Directors for the Commercial Real Estate Brokerage Association (CREBA), where she is currently serving as President. She is an active member of various industry organizations including Northern Virginia NAIOP and CREW DC, as well as a 2013 graduate of the young professionals program, Leadership Arlington. Mrs. Rausse graduated with a B.S. from Virginia Polytechnic Institute and State University and earned her M.S. in Real Estate Development and Infrastructure from the Carey Business School at Johns Hopkins University.

Jason Bockenek

Vice President, Development

Jason Bockenek, Vice President of Development, brings more than 18 years of experience to Carr Properties. In his role, 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 4.2 million square feet. He is also working on two new development projects in the design phase in Alexandria and Arlington, VA. Prior to joining Carr Properties, Jason managed the development of office and hospital projects located in Washington, DC 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.

Patrick Brown

Vice President, Legal

Patrick Brown serves as Vice President, Legal. In his role, he provides guidance on all aspects of Carr Properties’ in-house legal matters, including finance and capital markets, asset management, leasing, operations, transactions, development and construction, and general corporate and REIT. Patrick also serves as Carr’s in-house risk manager and acting corporate secretary. Prior to joining Carr, he worked at Shulman Rogers, participating in all aspects of commercial real estate transactions. Patrick holds a Master of Laws from Duke University, a Juris Doctorate from the University of Baltimore, and a Bachelor of Science in Finance from Pennsylvania State University.

Glen Holsinger

Vice President, Asset Management

Glen Holsinger serves as Vice President of Asset Management and is responsible for implementing Carr Properties’ investment strategy. Glen ensures that properties meet or exceed performance expectations by working closely with the Leasing, Operations, Capital Markets, Development, Construction Management, 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, managing over 3.8 million square feet across the Washington, DC area. Glen received his Bachelor of Science in Business Administration from Old Dominion University.

David Roehrenbeck

Vice President, Asset Management

David Roehrenbeck serves as Vice President of Asset Management to oversee Carr Properties’ office and multi-family assets. David develops and executes the business plan for all properties in his portfolio and coordinates activities among multiple divisions within the company, including Leasing, Operations, Capital Markets, Development, Construction Management, Accounting, and Lease Administration. Prior to joining Carr Properties in 2018, David served as Vice President of Asset Management for MRP Realty’s office portfolio in Washington, DC, Northern Virginia, and Philadelphia. David earned his Master of Business Administration from Georgetown University and his Bachelor of Arts in Economics and Religious Studies from the University of Virginia.

Ryan Quick

Vice President, Operations

Ryan Quick, Vice President of Operations, oversees Property Management of Carr Properties’ Boston portfolio and supports the company’s expansion into third-party management. With over 15 years of commercial real estate experience, Ryan spent a decade at Cushman & Wakefield before joining Carr Properties in 2022, where he led property management operations for the Boston, MA, and Stamford, CT markets as Managing Director. Ryan earned a Bachelor of Arts in Sociology from Lynchburg College and holds the Certified Property Manager (CPM) designation from the Institute of Real Estate Management (IREM), showcasing his commitment to excellence in property management.

Alison Wertzler

Vice President, Design & Construction

Alison Wertzler serves as Vice President of Design and Construction and currently oversees Carr’s Construction Management. She is also working on two new development projects in the design phase in Alexandria and Arlington, VA. While at Carr, she has been responsible for Carr’s mixed-use development project in Bethesda, Maryland, The Wilson and The Elm. 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, DC 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, DC. The team builds on the reputation that the Carr family has formed over four generations in the Washington, DC real estate market.

1998–2005

Carr Capital Corporation and its investment partners acquires and develops 14 commercial office properties in the Washington, DC 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, DC 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.

2021

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.

2023

Carr Properties modernizes its visual identity, signifying the company’s growth and expanded focus on Thoughtful Design, Distinguished Hospitality, and Engaging Moments.


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, DC, Boston, Massachusetts, and Austin, Texas 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

Commercial 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 destination properties to the highest standards. Carr’s buildings are distinguished by their premier quality, custom features, thoughtful 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, DC, Boston, and Austin with everything we know today about design, community-building, energy efficiency, and environmental impact.

LEASING

Our Leasing team excels with a combined 40 years of experience and long-standing, rooted broker relationships throughout the greater Washington, DC area. The leasing team works closely with our Development, Asset Management, Property Management, and Brand and Marketing 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 first-class service and hospitality. 

PROPERTY MANAGEMENT

We provide property management services within our portfolio and to third-party properties, differentiating ourselves with an approach focused on hospitality that continually exceeds industry standards. Our portfolio is consistently recognized as recipients of the Kingsley Award of Excellence every year. We lead with service to ensure our customers feel truly cared for at every touchpoint so they can thrive.
 
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.