Carr Properties’s Acquisition of 350 Morse Street, NE

Stroock represented private real estate investment trust Carr Properties in the deal

350 Morse Street, NE, is a to be developed office and retail mixed-use building located in the Union Market area of Washington, D.C. that will be a part of the Market Terminal development. Market Terminal is a mixed-use development site that will consist of a community gathering space with terraced public gardens, parks, a water feature and a retail-anchored pedestrian plaza linking Market Terminal with the Union Market neighborhood.

Carr Properties is a real estate investment trust. The firm engages in the acquisition, development, renovation, repositioning, ownership, management, and operation of commercial office properties. The company, led by Oliver T. Carr III, John A. Schissel, Daniel P. Dooley , John M. Novack and Clinton D. Fisch,  primarily invests in real estate markets of the United States with a focus in the Greater Washington, D.C. It also provides asset management services to related parties for office buildings and hotel properties.

The Stroock real estate team for the 350 Morse Street, NE transaction included partners Jeff Keitelman (Picture) and Gail Suchman; special counsel Joseph Miller; and associate Kelly Booker.

 

Involved fees earner: Jeffrey R. Keitelman – Stroock; Joseph Miller – Stroock; Kelly Booker – Stroock; Gail Suchman – Stroock;

Law Firms: Stroock;

Clients: Carr Properties;

 

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Author: Ambrogio Visconti