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ETF Trailblazer Claims HQ Space at Carr Properties’ Bethesda Asset

Washington, D.C.-based Carr Properties signed a new 55,000-square-foot office lease with ProShares at The Wilson in Bethesda, MD. The 361,000-square-foot office building at 7272 Wisconsin Ave. is expected to deliver in the summer of 2020, and is now 59% leased.

Carr Properties’ Oliver Carr says, “We are excited to have ProShares relocate its corporate headquarters to The Wilson. ProShares is a Bethesda-based asset manager that has been at the forefront of the ETF revolution since 2006.”

In addition to the office building, the development includes The Elm, a 456-unit residential component housed in two towers at Wisconsin Avenue and Elm Street. The project is within walking distance of shops and restaurants, as well as adjacent to the new Bethesda transit station.

JLL’s Bernie McCarthy represented the tenant. Carr Properties was represented in-house by Dan Dooley and Jason Bockenek, and by Transwestern’s Phillip McCarthy, Keith Foery, and Cricket Cleary.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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