The personnel change was announced in the wake of CarrAmerica's$5.6-billion merger with an affiliate of the Blackstone Group ofNew York, which closed earlier this week, taking the heretoforepublic REIT private. The prior management team was led by Tom Carr(CEO and chairman) and Phil Hawkins (president).CarrAmerica owns,develops and operates office properties in 12 markets across thecountry. Its affiliates own, directly or through joint ventures,hold interests in 26.4 million sf in 287 properties. "Thetransition from a public company will enable us to be more flexibleand opportunistic in our approach to investments," Peatross said ina prepared statement.

Other executive management changes include Kurt Heister, CFO,formerly a senior vice president and controller, and HowardWeissman, controller, formerly vice president and assistantcontroller. The company's regional managing directors are Jeff Pace(Austin, Chicago, Dallas, Denver, Salt Lake City), MalcolmO'Donnell (Southern California, Clete Casper (Seattle, Portland),and Phillip Thomas, (Washington, DC).

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