Washington Real Estate Investment Trust (WRE)

Annual Reports

Quarterly Reports


  • 8-K (Feb 20, 2018)
  • 8-K (Feb 15, 2018)
  • 8-K (Jan 24, 2018)
  • 8-K (Jan 3, 2018)
  • 8-K (Oct 26, 2017)
  • 8-K (Jul 27, 2017)


Washington Real Estate Investment Trust 8-K 2011

Documents found in this filing:

  1. 8-K/A
  2. Ex-99.1
  3. Graphic
  4. Graphic
  5. Graphic
Amendment No. 2 to Form 8-K








Amendment No. 2






Date of Report (Date of Earliest Event Reported): September 2, 2011




(Exact Name of Registrant as Specified in its Charter)




Maryland   1-6622   53-0261100

(State or Other Jurisdiction

of Incorporation)



File Number)


(IRS Employer

Identification Number)

6110 Executive Boulevard, Suite 800, Rockville, Maryland 20852

(Address of Principal Executive Office) (Zip Code)

Registrant’s Telephone Number, Including Area Code: (301) 984-9400



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:


¨ 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))




This Current Report on Form 8-K/A (this “Second Amendment”) updates information originally provided in a Current Report on Form 8-K, filed September 9, 2011 (the “Original Filing”) and a Current Report on Form 8-K/A, filed October 6, 2011 (the “First Amendment”). WRIT has previously reported in the Original Filing and the First Amendment closing on the first four out of five separate purchase and sale agreements with AP AG Portfolio, LLC to effectuate the sale of WRIT’s entire industrial portfolio and two office properties. Except for the following, this Second Amendment does not modify or update any other disclosure contained in the Original Filing and the First Amendment, and this Second Amendment should be read in conjunction with the Original Filing, the First Amendment and WRIT’s Current Report on Form 8-K, filed August 9, 2011.

Item 2.01 Completion of Acquisition or Disposition of Assets.

On November 1, 2011, WRIT closed on the fifth and final purchase and sale agreement. The sales price under this agreement is $70,560,324. Under the terms of an amendment to Purchase and Sale Agreement #5, this sales price includes an $875,000 increase over the original sales price because WRIT prepaid the mortgage notes secured by Dulles Business Park prior to November 1, 2011. The $875,000 sales price increase partially offsets prepayment penalties of approximately $1.0 million.

The properties, purchase prices and actual closing dates under each of the purchase and sale agreements are as follows:

Purchase and Sale Agreement #1 ($51,674,074; closed on September 2, 2011):


  1. 8880 Gorman Road


  2. Dulles South IV


  3. Fullerton Business Center


  4. Hampton Overlook


  5. Alban Business Center

Purchase and Sale Agreement #2 ($51,667,308; closed on September 2, 2011):


  1. Pickett Industrial Park


  2. Northern Virginia Industrial Park I

Purchase and Sale Agreement #3 ($132,419,061; closed on September 2, 2011):


  1. Albemarle Point


  2. 270 Technology Park I


  3. 270 Technology Park II


  4. The Crescent


  5. Fullerton Industrial Center


  6. Sully Square


  7. 9950 Business Parkway


  8. Hampton South Phase I


  9. Hampton South Phase II


  10. 8900 Telegraph Road

Purchase and Sale Agreement #4 ($44,554,233; closed on October 3, 2011):


  1. Northern Virginia Industrial Park II

Purchase and Sale Agreement #5 ($70,560,324 (including an $875,000 increase per the first amendment to this purchase and sale agreement); closed on November 1, 2011):


  1. 6100 Columbia Park Road


  2. Dulles Business Park I


  3. Dulles Business Park II

The foregoing description of the purchase and sale agreements does not purport to be complete and is qualified in its entirety by reference to the purchase and sale agreements, copies of which were filed as Exhibits to the Current Report on Form 8-K filed on August 9, 2011.

ITEM 9.01. Financial Statements and Exhibits.


(b) Pro Forma Financial Information

The pro forma financial statements reflecting the disposition of the properties included in all five of the purchase and sale agreements listed above, as well as for Dulles Station, Phase I, which was sold on April 5, 2011, were filed as exhibit 99.1 to the Original Filing.


(d) Exhibits

The following exhibit is filed herewith:





99.1    Press release issued November 1, 2011 regarding the completion of the final phase of the Industrial Portfolio sale.


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 hereunto duly authorized.



/s/ Laura M. Franklin

  Laura M. Franklin
  Executive Vice President Accounting,
  Administration and Corporate Secretary

Date: November 7, 2011

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki