0001193125-11-154768.txt : 20110531 0001193125-11-154768.hdr.sgml : 20110530 20110531161740 ACCESSION NUMBER: 0001193125-11-154768 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20110526 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110531 DATE AS OF CHANGE: 20110531 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WASHINGTON REAL ESTATE INVESTMENT TRUST CENTRAL INDEX KEY: 0000104894 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 530261100 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06622 FILM NUMBER: 11881561 BUSINESS ADDRESS: STREET 1: 6110 EXECUTIVE BOULEVARD STREET 2: SUITE 800 CITY: ROCKVILLE STATE: MD ZIP: 20852 BUSINESS PHONE: 3019295900 MAIL ADDRESS: STREET 1: 6110 EXECUTIVE BOULEVARD STREET 2: SUITE 800 CITY: ROCKVILLE STATE: MD ZIP: 20852 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

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): May 26, 2011

 

 

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 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))

 

 

 


ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 26, 2011, Washington Real Estate Investment Trust (“WRIT”) received the resignation of Trustee John M. Derrick, Jr. from WRIT’s Board of Trustees, such resignation to be effective June 1, 2011.

The press release announcing the resignation is attached as exhibit 99.1.

 

ITEM 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibit is filed herewith:

 

EXHIBIT
NO.

  

DESCRIPTION OF EXHIBIT

99.1    Press release issued May 31, 2011 regarding the resignation of Trustee John M. Derrick, Jr.


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
By:  

/s/ Laura M. Franklin

 

Laura M. Franklin

Executive Vice President Accounting,

Administration and Corporate Secretary

Date: May 31, 2011

EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

LOGO    NEWS RELEASE

 

CONTACT:

William T. Camp

    

6110 Executive Blvd., Suite 800

Rockville, Maryland 20852

Executive Vice President and

Chief Financial Officer

    

Tel 301-984-9400

Fax 301-984-9610

E-Mail: bcamp@writ.com      www.writ.com
     May 31, 2011

WASHINGTON REAL ESTATE INVESTMENT TRUST ANNOUNCES

RESIGNATION OF TRUSTEE JOHN M. DERRICK, JR.

The Board of Trustees of Washington Real Estate Investment Trust (WRIT) (NYSE: WRE) announces the resignation of John M. Derrick, Jr., effective June 1, 2011.

Mr. Derrick has served on WRIT’s Board of Trustees since 1997. During his tenure he chaired both the Audit Committee and the Compensation Committee of the Board of Trustees. Mr. Derrick is the retired Chairman, Chief Executive Officer and President of Pepco Holdings, Inc. (formerly Potomac Electric Power Company (PEPCO)). He is also past Chairman of both the Maryland Chamber of Commerce and the Greater Washington Board of Trade.

“John Derrick’s business acumen and strong Washington, DC market knowledge have benefited WRIT immeasurably over the past 14 years. During his tenure, WRIT completed $2.4 billion of acquisitions and dispositions in the Washington, DC market throughout various real estate cycles, and John’s guidance has always proved invaluable in our decision making. We will miss him greatly,” said George F. “Skip” McKenzie, President and Chief Executive Officer.

“John has been an instrumental member of our Board since 1997. WRIT is incredibly fortunate to have enjoyed the service of this leader in the Washington, DC business community for so long. We wish him well in his retirement and thank him for his service and leadership over the past 14 years,” added John P. McDaniel, Chairman of the Board.

WRIT is a self-administered, self-managed, equity real estate investment trust investing in income-producing properties in the greater Washington metro region. WRIT owns a diversified portfolio of 86 properties totaling approximately 11 million square feet of commercial space and 2,540 residential units, and land held for development. These 86 properties consist of 26 office properties, 16 industrial/flex properties, 18 medical office properties, 15 retail centers and 11 multifamily properties. WRIT shares are publicly traded on the New York Stock Exchange (NYSE:WRE).

Certain statements in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially. Such risks, uncertainties and other factors include, but are not limited to, the potential for federal government budget reductions, changes in general and local economic and real estate market conditions, the timing and pricing of lease transactions, the effect of the current credit and financial market conditions, the availability and cost of capital, fluctuations in interest rates, tenants’ financial conditions, levels of competition, the effect of government regulation, the impact of newly adopted accounting principles, and other risks and uncertainties detailed from time to time in our filings with the SEC, including our 2010 Form 10-K and first quarter 2011 Form 10-Q. We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

LOGO

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