8-K

                       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) March 19, 2007

                              WINTHROP REALTY TRUST
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             (Exact Name of Registrant as Specified in Its Charter)

                                      Ohio
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                 (State or Other Jurisdiction of Incorporation)

         001-06249                                        34-6513657
  ------------------------                  ------------------------------------
  (Commission File Number)                  (I.R.S. Employer Identification No.)

7 Bulfinch Place, Suite 500, P.O. Box 9507, Boston, Massachusetts       02114
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(Address of Principal Executive Offices)                              (Zip Code)

                                 (617) 570-4614
              ----------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)

                                       n/a
          -------------------------------------------------------------
          (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 obligations of the registrant under any of the
following provisions

|_|   Written communications pursuant to Rule 425 under the Securities Act (17
      CFT|R 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 4.01. Change in Registrant's Certifying Accountants

      On March 19, 2007, Winthrop Realty Trust (the "Trust") elected to replace
Deloitte & Touche LLP ("Deloitte") as its independent registered public
accounting firm and to engage Pricewaterhouse Coopers, LLP ("PwC") as the
Trust's independent registered public accounting firm for the year ending
December 31, 2007. The decision to change the Trust's independent registered
public accounting firm was made by the Audit Committee of the Trust's Board of
Trustees.

      During the Trust's two fiscal years ended December 31, 2006, and through
March 16, 2007, the date of Deloitte's audit report in respect of the 2006
financial statements, there were no disagreements between the Trust and Deloitte
on any matter of accounting principle or practice, financial statement
disclosure, or auditing scope or procedure that, if not resolved to Deloitte's
satisfaction, would have caused it to make reference to the matter in
conjunction with its report on the Trust's consolidated financial statements for
the relevant year; and there were no reportable events as defined in Item
304(a)(1)(v) of Regulation S-K. Deloitte's audit reports on the Trust's
consolidated financial statements and on the effectiveness of the Trust's
internal control over financial reporting and management's assessment thereof
for the two fiscal years ended December 31, 2006, did not contain an adverse
opinion or disclaimer of opinion, nor were they qualified or modified as to
uncertainty, audit scope, or accounting principles except that the audit report
of Deloitte on the effectiveness of internal control over financial reporting as
of December 31, 2005 contains an adverse opinion because the controls related to
the review of accounting treatment of the classification of the Trust's Series
B-1 Redeemable Preferred Shares of Beneficial Interest in its consolidated and
combined financial statements did not operate effectively as of December 31,
2005.

      The Trust furnished a copy of the above disclosures to Deloitte and
requested that Deloitte furnish the Trust a letter addressed to the Commission
stating whether or not Deloitte agrees with the statements made above. A copy of
such letter is filed as Exhibit 16.1 to this Form 8-K.

      During the Trust's two most recent fiscal years ended December 31, 2006,
and the subsequent interim period through March 16, 2007, the Trust did not
consult with PwC regarding any of the matters or events set forth in Item
304(a)(2)(i) and (ii) of Regulation S-K.

      A copy of a press release relating to the Trust's change in independent
registered public accounting firm is attached hereto as Exhibit 99.1.



Item 9.01. Financial Statements and Exhibits

      (c)   Exhibits

            16.1  Letter dated March 22, 2007 from Deloitte & Touche, LLP.

            99.1  Press Release dated March 23, 2007

                                    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 on this 22nd day of March, 2007.

                                            WINTHROP REALTY TRUST


                                            By: /s/ Peter Braverman
                                                --------------------------------
                                                Peter Braverman
                                                President

EX-16.1

                       LETTERHEAD OF DELOITTE & TOUCHE LLP

March 22, 2007

Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549-7561

Dear Sirs/Madams:

We have read Item 4 of Winthrop Realty Trust's Form 8-K dated March 22, 2007,
and we agree with the statements made therein.

Very truly yours,


Deloitte & Touche LLP

EX-99.1

WINTHROP REALTY TRUST

AT THE COMPANY
Beverly Bergman
(617) 570-4614

    WINTHROP REALTY TRUST ELECTS TO RETAIN PRICEWATERHOUSECOOPERS LLP AS ITS
           INDEPENDENT PUBLIC ACCOUNTING FIRM FOR ITS 2007 FISCAL YEAR

      FOR IMMEDIATE RELEASE - BOSTON, March 23 /PRNewswire-FirstCall/ - Winthrop
Realty Trust (NYSE:FUR) announced today that it has elected to retain
Pricewaterhouse Coopers LLP as its independent public accounting firm for its
2007 fiscal year. Deloitte & Touche LLP had been the Company's independent
accounting firm for the past three fiscal years. The change in independent
public accountants does not result from any disagreement between the Company and
Deloitte.

                               -------------------

      Winthrop Realty Trust is a NYSE-listed real estate investment trust (REIT)
headquartered in Boston, Massachusetts. Additional information on Winthrop
Realty Trust is available on its Web site at www.winthropreit.com.