Carr Properties Delivers New Solar Photovoltaic System at 1875 K Street NW, Washington, DC

New Solar Rooftop System Completed December 2017

WASHINGTON–(BUSINESS WIRE)–CARR PROPERTIES has completed the installation of a 65-kW rooftop solar
PV system at their 1875 K Street NW Washington, DC 20006 building. Carr
Properties has achieved significant portfolio-wide energy savings and
sustainability gains in the last few years and is pleased to announce
that the new rooftop solar PV system at 1875 K Street will be their
first on-site renewable energy project. The solar PV system will
generate enough power to supply a significant portion of the building’s
core and shell energy needs.

"We are thrilled to have completed our first on-site rooftop solar PV
installation,” said Oliver Carr, CEO of Carr Properties. "Carr
Properties is committed to developing projects at the highest
environmental standards that have a dynamic, positive relationship with
the surrounding neighborhoods; this project will definitely help us
achieve that goal."

Carr Properties has also elected to install onsite dashboard monitors
for the solar PV system, which will display the system’s energy
production and other key data in the main lobby and in the interior
rooftop common area. This will allow tenants and visitors to see the
positive environmental impact of the new solar PV system.

Acquired by Carr Properties in January 2017, the building at 1875 K
Street features efficient 14,000 – 17,000 square foot floorplates,
finished ceiling heights in excess of 9 feet, an enclosed furnished
penthouse with adjoining roof terrace, and a 4,000 square foot,
first-class fitness center. The 190,000 square foot, Class A office
property will be one of the first multi-tenant office building solar PV
installations in the District of Columbia. In September 2017, Carr
Properties completed the LEED Gold under Existing Buildings: Operations
and Management (EBOM) recertification.

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.

Contacts

Carr Properties
Emily York, 202-303-3080