WASHINGTON, May 5 /PRNewswire-FirstCall/ -- CarrAmerica Realty Corporation
(NYSE: CRE) today announced that the Building Owners and Managers Association
(BOMA) has awarded Tollway Plaza The Office Building of the Year (TOBY) Award
in the Suburban Office Park Mid-Rise competition for the Southwest Region. In
March, the property was awarded a local TOBY award, enabling it to advance to
the regional competition. Tollway Plaza will now advance to the BOMA
International competition to be held June 29, 2004 in Toronto, Canada.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990820/CRELOGO )
CarrAmerica Managing Director for Dallas, Bill Vanderstraaten, commented,
"We're very pleased that BOMA has once again recognized Tollway Plaza for the
effectiveness of its property operations programs." Mr. Vanderstraaten added,
"Against very tough competition, the Tollway operations team has done a
tremendous job in positioning Tollway Plaza as the best office property in its
category. I'm extremely proud of the team's commitment to excellence -- a
hallmark of our company for over 40 years now."
The TOBY Award program was established in 1985 to honor those excelling in
office building management. Judging is based upon an on-site building tour
and inspection that includes scoring in the following categories: building
standards, community impact, tenant-employee relations, energy management,
systems and procedures, building accessibility, emergency evacuation
procedures, training for building personnel and physical attributes.
Tollway Plaza is comprised of twin, 178,000 square foot, eight-story
towers. Located on a 10-acre site at the intersection of Keller Springs Road
and the North Dallas Tollway, the buildings feature a granite fountain
centered on the properties' connecting axis, distinguished lobby finishes, a
fitness center, a cafe and ample parking. Tollway Plaza is owned by one of
CarrAmerica's affiliates, Carr Development and Construction, L.P.
In Dallas, CarrAmerica owns and/or manages, through affiliates or joint
ventures, 17 office buildings containing over 2 million square feet.
CarrAmerica affiliates have developed or are currently developing over 2
million square feet in the Dallas area, including build-to-suits for Capital
One, Network Associates, Nokia and Washington Mutual.
CarrAmerica owns, develops and operates office properties in 13 markets
throughout the United States. The company has become one of America's leading
office workplace companies by meeting the rapidly changing needs of its
customers with superior service, a large portfolio of quality office
properties and extraordinary development capabilities. Currently, CarrAmerica
and its affiliates own, directly or through joint ventures, interests in a
portfolio of 295 operating office properties. CarrAmerica's markets include
Atlanta, Austin, Chicago, Dallas, Denver, Los Angeles, Orange County,
Portland, Salt Lake City, San Diego, San Francisco Bay Area, Seattle and
metropolitan Washington, D.C. For additional information on CarrAmerica,
including space availability, visit our web site at http://www.carramerica.com.
SOURCE CarrAmerica Realty Corporation
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Related links: http://www.carramerica.com
Photo Notes: NewsCom: http://www.newscom.com/cgi-bin/prnh/19990820/CRELOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, 888-776-6555 or 212-782-2840
CONTACT: Maureen Wheeler of CarrAmerica Realty Corporation, +1-202-729-1756, or maureen.wheeler@carramerica.com
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