SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) August 25, 2006
WASHINGTON REAL ESTATE INVESTMENT TRUST
(Exact name of registrant as specified in its charter)
Maryland | 1-6622 | 53-0261100 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification Number) |
6110 Executive Boulevard, Suite 800, Rockville, Maryland | 20852 | |
(Address of principal executive offices) | (Zip Code) |
Registrants 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)) |
Item 2.01 Completion of Acquisition or Disposition of Assets
On August 25, 2006, Washington Real Estate Investment Trust (WRIT) acquired the Matan Portfolio for $94.0 million. The portfolio consists of seven office buildings totaling approximately 442,000 square feet in Rockville and Gaithersburg, Maryland. The purchase was funded with borrowings of $25.0 million on WRITs line of credit facilities, the assumption of $57.3 million of in place mortgage loans and $11.7 million of cash. During the period from July 1, 2006 to August 25, 2006, WRIT purchased eight real estate properties, including the Matan Portfolio and 15005 Shady Grove Road, which, individually are insignificant as defined in Regulation S-X, but in the aggregate, constitute a significant amount of assets as defined in Regulation S-X. When acquisitions are individually insignificant but significant in the aggregate, Regulation S-X requires the presentation of audited financial statements for assets comprising a substantial majority of the individually insignificant properties. The Matan Portfolio and 15005 Shady Grove Road, purchased on July 12, 2006, constitute a substantial majority of the assets acquired by WRIT through the period ended August 25, 2006 as defined in the Regulation.
and
Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of Business Acquired
The required financial statements for the properties will be filed by amendment hereto no later than seventy-one days after the date this report is required to be filed.
(b) Pro Forma Financial Information
The required pro forma financial information for the Properties will be filed by amendment hereto no later than seventy-one days after the date this report is to be filed.
(c) Exhibits Not applicable
SIGNATURES
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.
WASHINGTON REAL ESTATE INVESTMENT TRUST | ||
(Registrant) | ||
By: | /s/ Laura M. Franklin | |
(Signature) | ||
Laura M. Franklin | ||
Senior Vice President Accounting, | ||
Administration and Corporate Secretary |
August 30, 2006
(Date)