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WASHINGTON, DC-Change is afoot at CarrAmerica. John Donovan, senior managing director of the leading office property REIT, is in the process of slowly relinquishing his position to Philip Thomas who is currently the company's senior vice president for leasing. After 30 years with CarrAmerica, Donovan is planning to spend the year easing into retirement.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!