Carr Properties Announces Opening of Second WaveOffice

6/17/18

WASHINGTON--(BUSINESS WIRE)--Carr 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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