WASHINGTON, July 11 /PRNewswire-FirstCall/ -- CarrAmerica Realty
Corporation (NYSE: CRE) today announced that AREVA T&D Inc. has signed an
110,000 square foot lease at Willow Creek Corporate Center, Buildings E & F in
Redmond, Washington. The 340 employees of the local AREVA T&D Inc. unit are
expected to occupy the new space in early 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990820/CRELOGO )
CarrAmerica Managing Director for Seattle, Clete Casper, commented,
"CarrAmerica is delighted to be able to accommodate AREVA T&D Inc. at Willow
Creek." Mr. Casper added, "We're very pleased to have completed one of the
largest lease transactions this year in Seattle and the East Side with a
premier global company such as AREVA T&D Inc. This transaction brings
occupancy at Willow Creek Corporate Center to 82%."
Willow Creek Corporate Center, a 22.5-acre campus business park, consists
of two three-story and four two-story buildings, totaling approximately
327,000 square feet. The buildings feature floor-to-ceiling light-green, non-
reflective glass and have individual exterior color schemes inspired by the
natural palette of their surroundings. Situated on a terraced site to
maximize views from all buildings, the property is surrounded by nature
trails, mature landscaping and the Willows Run golf course.
AREVA was represented in this transaction by David C. Rothrock, CCIM of
Meriwether Partners LLC and CarrAmerica was represented by Tim O'Keefe, Ric
Brandt and Jeff Scanlan of CB Richard Ellis, Inc.
AREVA T&D Inc. is headquartered in Philadelphia, Pennsylvania. The
Redmond, Washington unit develops and delivers (electrical) energy management
systems to the electric utility industry in North America and, through its
affiliates, around the world.
CarrAmerica owns, develops and operates office properties in 12 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 288 operating office properties, totaling over 26 million square
feet. CarrAmerica's markets include 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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