CarrAmerica Announces 66,963 Square Foot Lease With Microvision in Redmond, WA

WASHINGTON, July 18 /PRNewswire-FirstCall/ -- CarrAmerica Realty Corporation 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.

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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/.