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CarrAmerica Realty Corporation is planning an office development on 10-acres it has acquired in the Canyon Park Business Center in Bothell, where it already owns 10 buildings.

Formerly known as Highland Campus Phase I, CarrAmerica has renamed the site Canyon Pointe. It will feature two three-story office buildings with 29,l66-sf floor plates, easy access to Interstate 5 and visibility from I-405. Site work is currently underway and construction is expected to open in the fall of 2001.

CarrAmerica currently owns ten buildings totaling 589,000 square feet in Canyon Park. The Company’s Eastside Seattle portfolio includes 29 buildings containing approximately 1.5 million sf.

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