WASHINGTON, July 18 /PRNewswire-FirstCall/ -- CarrAmerica Realty
Corporation (NYSE: CRE) today announced that Microvision, Inc., a world leader
in the development of high-resolution displays and imaging systems, has signed
a lease for 66,963 square feet at Redmond East Business Campus, Buildings 18 &
19 in Redmond, Washington.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990820/CRELOGO )
CarrAmerica Managing Director for Seattle, Clete Casper, commented,
"CarrAmerica is very pleased that this leading edge technology company has
chosen to relocate its headquarters to our Redmond East Business Campus." Mr.
Casper added, "We look forward to welcoming Microvision in the first quarter
of 2006."
Redmond East Business Campus is a masterplanned business park that is
comprised of 12 office/flex buildings totaling 487,650 square feet. The
property has easy access to I-520 and is proximate to Redmond Town Center,
which offers upscale retail and restaurants and other business services. In
addition, Redmond East Business Campus is adjacent to the 640-acre Marymoor
Park, which borders the Sammamish River.
Microvision was represented in this transaction by Eric Lonergan and Brian
Kelly of Washington Partners, Inc. and CarrAmerica was represented by Al
Hodge, Paul Jerue and Chris Langer of Broderick Group, Inc.
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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