SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20543

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported) March 1, 2005

CARRAMERICA REALTY CORPORATION

CARRAMERICA REALTY OPERATING PARTNERSHIP, L.P.

CARRAMERICA REALTY, L.P.

(Exact name of registrant as specified in its charter)

Maryland Delaware Delaware	1-11706 000-50663 0-22741	52-1796339 20-0882547 52-1976308
(State or other jurisdiction of incorporation or organization)	Commission File Numbers	(I.R.S. Employer Identification Number)

1850 K Street, N.W., Washington, D.C. 20006

(Address or principal executive office) (Zip code)

Registrant’s telephone number, including area code: (202) 729-1700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

CarrAmerica Realty Corporation

CarrAmerica Realty Operating Partnership, L.P.

CarrAmerica Realty, L.P.

Form 8-K

Item 1.01 Entry into a Material Definitive Agreement

On March 1, 2005, CarrAmerica Realty Operating Partnership, L.P. entered into an agreement effective as of February 25, 2005, amending its Amended and Restated Revolving Credit Agreement, dated as of June 30, 2004, by and among CarrAmerica Realty Operating Partnership, L.P. as Borrower, CarrAmerica Realty Corporation as Guarantor, CarrAmerica Realty, L.P. as Guarantor, JPMorgan Chase Bank as Administrative Agent, and other Banks listed in the Credit Agreement. The amendment increased the permitted maximum ratio of total debt to tangible fair market value of CarrAmerica’s assets from 55% to 60%. In addition the capitalization rate used to compute the fair market value of CarrAmerica’s assets for purposes of tangible fair market value was decreased from 9% to 8.5% for properties located in the Washington, D.C. metropolitan area.

Item 9.01 Financial Statements and Exhibits

(a) Not applicable

(b) Not applicable

(c) Exhibits

10.1 Amendment No. 1 to Amended and Restated Revolving Credit Agreement dated as of June 30, 2004 by and among CarrAmerica Realty Operating Partnership, L.P. as Borrower, CarrAmerica Realty Corporation as Guarantor, CarrAmerica Realty, L.P. as Guarantor, JPMorgan Chase Bank as Administrative Agent, and other Banks

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: March 4, 2005

CARRAMERICA REALTY CORPORATION
By:	/s/ Kurt A. Heister
	Kurt A. Heister
	Senior Vice President, Controller and Treasurer
CARRAMERICA REALTY OPERATING PARTNERSHIP, L.P.
By:	CarrAmerica Realty Corporation, its general partner
By:	/s/ Kurt A. Heister
	Kurt A. Heister
	Senior Vice President, Controller and Treasurer
CARRAMERICA REALTY, L.P.
By:	CarrAmerica Realty GP Holdings, LLC, its general partner
By:	CarrAmerica Realty Corporation, its sole member
By:	/s/ Kurt A. Heister
	Kurt A. Heister
	Senior Vice President, Controller and Treasurer

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EXHIBIT INDEX

Exhibit Number
10.1	Amendment No. 1 to Amended and Restated Revolving Credit Agreement dated as of June 30, 2004 by and among CarrAmerica Realty Operating Partnership, L.P. as Borrower, CarrAmerica Realty Corporation as Guarantor, CarrAmerica Realty, L.P. as Guarantor, JPMorgan Chase Bank as Administrative Agent, and other Banks

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