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Carr Properties gets $57M financing for Bethesda project

Tuesday - 7/31/2012, 3:54pm  ET

Carr Properties has lined up $57 million in financing for construction of downtown Bethesda's first new trophy building in a decade.

Cassidy Turley secured the construction financing for Carr from Wells Fargo.

4500 East West Highway will be a 220,000-square-foot office building a block from the Bethesda Metro station.

Completion of the project is expected in 2014.