-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PGRl9/KVfN0ReVxRSv5zH15hgFOvRWTyc0Wag95yTRtppQ4Efe3BgqHraH4wl0/D fzPdPxxmc4wuQbG8DqaQJQ== 0001181431-09-029086.txt : 20090605 0001181431-09-029086.hdr.sgml : 20090605 20090605091929 ACCESSION NUMBER: 0001181431-09-029086 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090605 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090605 DATE AS OF CHANGE: 20090605 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLS REAL ESTATE INVESTMENT TRUST II INC CENTRAL INDEX KEY: 0001252849 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 200068852 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51262 FILM NUMBER: 09875577 BUSINESS ADDRESS: STREET 1: 6200 THE CORNERS PARKWAY STREET 2: SUITE 250 CITY: NORCROSS STATE: GA ZIP: 30092 BUSINESS PHONE: 7704497800 MAIL ADDRESS: STREET 1: 6200 THE CORNERS PARKWAY STREET 2: SUITE 250 CITY: NORCROSS STATE: GA ZIP: 30092 8-K 1 rrd245120.htm 8-K DC6922.pdf -- Converted by SEC Publisher 4.2, created by BCL Technologies Inc., for SEC Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): June 5, 2009

_____________

WELLS REAL ESTATE INVESTMENT TRUST II, INC.

(Exact name of registrant specified in its charter)

_____________

Maryland    000-51262    20-0068852 
(State or other jurisdiction of    (Commission File Number)    IRS Employer 
incorporation or organization)        Identification No. 
 
    6200 The Corners Parkway     
    Norcross, Georgia 30092-3365     
(Address of principal executive offices)     

Registrant’s telephone number, including area code: (770) 449-7800

Not Applicable

(Former name or former address, if changed since last report)

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 7.01.

Regulation FD Disclosure

     On or about June 5, 2009, the independent directors of Wells Real Estate Investment Trust II, Inc. (the “Registrant”) sent a letter to the Registrant’s stockholders advising them of certain matters relating to the Registrant’s portfolio and financial position, including some highlights as of December 31, 2008. A copy of the letter is attached as Exhibit 99.1 to this Current Report on Form 8-K. Pursuant to the rules and regulations of the Securities and Exchange Commission, such exhibit and the information set forth therein are deemed to have been furnished and shall not be deemed to be “filed” under the Securities Exchange Act of 1934.

Item 9.01.    Financial Statements and Exhibits 
 
 Exhibit     
 Number     Exhibit Title 
 99.1     Letter to Wells Real Estate Investment Trust II, Inc.’s Stockholders dated June 5, 2009 

2


SIGNATURE

     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.

    WELLS REAL ESTATE INVESTMENT TRUST II, INC. 
 
 
Dated: June 5, 2009    By:    /s/ Douglas P. Williams 

        Douglas P. Williams 
        Executive Vice President 

3


                                                                   EXHIBIT INDEX 
 
 
Exhibit     
Number    Exhibit Title 
99.1    Letter to Wells Real Estate Investment Trust II, Inc.’s Stockholders dated June 5, 2009 

4


EX-99.1 2 rrd245120_28632.htm DC6923.pdf -- Converted by SEC Publisher 4.2, created by BCL Technologies Inc., for SEC Filing

Exhibit 99.1

June 5, 2009

Dear Wells Real Estate Investment Trust II, Inc. Stockholder:

As the independent directors of Wells REIT II, we wrote to you in March to provide you with information regarding the financial position of Wells REIT II. We are pleased to follow up with additional information from our 2008 year-end financial statements, as audited by Deloitte & Touche and filed with the U.S. Securities and Exchange Commission.

Here are some of the highlights as of December 31, 2008:

·      Our distributions remained at an annualized rate of $0.60 per share for the 18th consecutive quarter.
 
·      We paid a total of $242.4 million in distributions to stockholders in 2008 funded by our net cash provided by operating activities.
 
·      Our portfolio had $5 billion invested in real estate assets. Our assets and leases from corporate tenants remain well-diversified by industry, by geography, by lease term, and by tenant.
 
·      Our debt-to-real-estate asset ratio was approximately 25.5%, which we believe continues to rank among the least-leveraged public REITs, traded and nontraded.
 
·      The portfolio’s leasable space was 97.5% occupied across 66 properties. Only 1% of the portfolio’s leases will expire before 2010, and 7% will expire before 2011. The average lease term remaining for the entire portfolio was 7.5 years.
 
·      The portfolio experienced a very low tenant default rate, with uncollectible tenant receivables, net of recoveries, of less than 0.1% of total revenues in 2008.
 

You should have recently received our annual report, which we encourage you to review. The information highlighted in this letter and contained in the annual report is for the year 2008, and there can be no assurances with respect to future results. While we are all affected by the currently difficult economic conditions, we believe Wells REIT II is well-positioned due to its long-standing conservative strategy and core principles. We encourage you to visit www.WellsReitII.com to keep up-to-date on Wells REIT II’s SEC filings and the most current portfolio details.

Thank you for your participation and for trusting us with your investment.

Sincerely,

The Independent Directors of Wells REIT II

/s/ E. Nelson Mills

/s/ Charles R. Brown

/s/ Neil H. Strickland

E. Nelson Mills

Charles R. Brown

Neil H. Strickland

Chairman, Audit Committee

Audit Committee

Audit Committee

/s/ Richard W. Carpenter    /s/ Bud Carter    /s/ John L. Dixon 
Richard W. Carpenter    Bud Carter    John L. Dixon 
 
cc: Financial Representative         

RT2MPLTRI0905-0415

6200 The Corners Parkway Norcross, GA 30092-3365 Tel: 800-557-4830 www.wellsreitii.com


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