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Washington Real Estate Investment Trust · Rockville, MD United States ·(NYSE: WRE)

Company Description

6110 Executive Blvd. Ste. 800
Rockville, MD
20852
United States (Map)
Phone: 301-984-9400
Fax: 301-984-9610
Toll Free: 800-565-9748
    Capital-area real estate is writ large on the mission statement of Washington Real Estate Investment Trust (WRIT). The self-administered and self-managed real estate investment trust (REIT) owns and manages commercial real estate in the Mid-Atlantic, mainly in the greater Washington/Baltimore corridor. WRIT owns a varied portfolio that includes more than a dozen retail centers, more than 40 office or medical office buildings, about 25 industrial warehouses, and some 10 apartment communities (all totaling around 13 million sq. ft.). The firm's tenant roster is equally diverse: No single tenant accounts for 5% of its overall rental revenue. Tenants include NASA, the World Bank, and George Washington UniversityTo read the full description, subscribe now.
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    Key Washington Real Estate Investment Trust Financials

    Company TypePublic - NYSE: WRE

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$282.3
    Employees307

    Washington Real Estate Investment Trust Executives

    20 executives listed for Washington Real Estate Investment Trust's Rockville, MD location.
    TitleName & BioContact
    ChairmanEdmund CroninNetwork
    President, CEO, and DirectorGeorge McKenzieNetwork
    EVP and CFOWilliam CampNetwork

    Competition

    Competitive Landscape for Washington Real Estate Investment Trust
    The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.
    Top Washington Real Estate Investment Trust Competitors
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