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ACQUISITION CRITERIA
WRIT (NYSE: WRE) is a publicly traded equity real estate investment trust. Our diversified portfolio consists of apartments, office buildings, shopping centers, medical offices, and industrial properties throughout the Washington-Baltimore region.

WRIT will pursue leased properties as well as properties with lease-up risk or those that could benefit from renovations, reconfigurations or expansions. As a principal, WRIT evaluates properties and closes transactions quickly.

Geographic Focus
Washington-Baltimore metropolitan region.
WRIT prefers locations within a two-hour drive of its Rockville, Maryland, headquarters. WRIT will also consider portfolio acquisitions north to Philadelphia and south to Richmond.

Property Focus
Retail Centers. Neighborhood and community strip centers, preferably with food and drug anchors.
Industrial/Flex. Bulk warehouse, office/warehouse or flex properties.
Office Buildings. Downtown and suburban locations. Class A or Class B. Will consider lease-up and repositioning risk.
Multi-family. Class A or Class B, high-rise or garden.
Medical Office. On or off campus, adjoining major medical centers preferred.

General Criteria
Minimum Investments. $5 million.
All Cash. WRIT buys on an all-cash basis. WRIT will also consider acquisitions with existing assumable mortgages.
Tax-Deferred Transactions. WRIT will structure operating partnership unit exchanges, as well as other like-kind exchanges.
Confidentiality. All information will be held in absolute confidence.

Submissions
Submissions should include:
  • Asking price
  • Physical description
  • Site plan/survey
  • Detailed rent roll including rent, options, escalations, and expense and tax information
  • Operating statements for the past three years and current year to date
  • Photographs/maps
  • Summary of recent capital expenditures
  • Demographics
  • Tenant sales
  • Environmental studies
Please direct inquiries to:
Thomas L. Regnell
Managing Director, Acquisitions
Washington Real Estate Investment Trust
6110 Executive Boulevard, Suite 800
Rockville, Maryland 20852
tregnell@writ.com
Tel: 301-255-0803
Toll-free: 800-565-9748
Fax: 301-984-9614