| Washington Real Estate Investment Trust (WRIT) is a self-administered, self-managed, equity real estate investment trust (REIT). The Company's business consists of the ownership and development of real properties in the greater Washington metro region. As of December 31, 2007, WRIT owned a diversified portfolio of 89 properties, consisting of 14 retail centers, 25 office properties, 17 medical office properties, 23 industrial/flex properties, 10 multifamily properties encompassing in the aggregate 12.8 million net rentable square feet, and land for development. In September 2008, WRIT acquired The Kenmore, a 374-unit, 270,000 square foot apartment building located in Washington, DC. |