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Carr Properties Buys ASHP's Bethesda HQ Bldg., Plans Extensive Redevelopment

7272 Wisconsin Ave. to be Converted to 900,000-SF Mixed-Use Complex and Transportation Hub
By Bryce Meyers
CoStar News
May 27, 2016 | 8:38 P.M.

Locally-based real estate investment trust Carr Properties finalized a $105.5 million deal with the American Society of Health-System Pharmacists (ASHP) to acquire the Apex Building at 7272 Wisconsin Ave. in Bethesda, MD. Carr plans to redevelop the 164,119-square-foot, four-story office building into a 900,000-square-foot mixed-use complex to include office, residential and retail space.

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