Washington Real Estate Investment Trust Acquires Property for $80.25M

Washington Real Estate Investment Trust (WRIT) WRE has acquired 1140 Connecticut Avenue, NW, a twelve story, 184,135 square foot office building with a three level parking garage in Washington, DC, for $80.25 million. WRIT has also entered into a contract to purchase 1227 25th Street, NW, an eight story, 130,434 square foot office building with a two level parking garage in Washington, DC, for $47.0 million. WRIT anticipates closing on 1227 25th Street within 90 days.