Carr Properties Announces Opening of Second WaveOffice

Properties has announced that their second WaveOffice location is
now open and available for lease at 1615 L St. NW, Washington, DC 20036.
Located on the 6th floor, this WaveOffice location features
five private office suites that can accommodate up to 24 people per
suite. Additionally, WaveOffice includes communal areas, crafted coffee
and sparkling water, a full kitchen, two conference rooms, coffee nook,
huddle rooms, multiple touchdown spots and a wellness room. Customers of
WaveOffice not only have access to the in-suite amenities but also to
the building amenities. Carr’s 1615 L currently includes a new
state-of-the-art two-story fitness center and a shared conference
center; future amenities will include a lobby café/wine bar, a rooftop
deck and bar, and numerous fully furnished areas in the building for
collaborative work outside of the office. A grand opening event has been
planned for June 19th, 2018.

About WaveOffice

A subsidiary of Carr Properties, WaveOffice is a flexible office product
that provides companies with turnkey office suites ranging in size from
2,000 – 4,000 square feet, with well-designed shared communal areas that
include full-service kitchens, conference and gathering areas,
high-speed internet, crafted coffee and sparkling water for one
all-inclusive price. Additionally, suites at WaveOffice can be rented
for a term as short as one year via a short form agreement, which offers
maximum flexibility. Both furnished and unfurnished options are
available. By removing the inherent friction of traditional lease
negotiations combined with the ability to offer flexible lease terms as
short as one year, the WaveOffice platform will satisfy a major demand
sector in the market.

About Carr Properties

Carr Properties is a privately held real estate investment trust
which maintains ownership of 15 commercial office properties totaling
approximately four million square feet, as well as five major
development projects, in Washington, DC, and the close-in urban
sub-markets of Maryland and Virginia. Upon completion of its development
pipeline, these projects will add an additional 2.4 million square feet
of trophy-quality office space to the company’s portfolio.

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