-----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,
 Ia9PPqJbGrVPIMSuxcd2GGZMInitFzAXdHdj09sCEn4mpTaO9CcUr0Jfo4qujMha
 fP02n3rjvRemlE9ObWJSEQ==

<SEC-DOCUMENT>0001181431-08-021421.txt : 20080326
<SEC-HEADER>0001181431-08-021421.hdr.sgml : 20080326
<ACCEPTANCE-DATETIME>20080326195602
ACCESSION NUMBER:		0001181431-08-021421
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20071005
FILED AS OF DATE:		20080326
DATE AS OF CHANGE:		20080326

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			NEELY ALFRED G.
		CENTRAL INDEX KEY:			0001318726

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10272
		FILM NUMBER:		08713281

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		303-708-5959

	MAIL ADDRESS:	
		STREET 1:		9200 E. PANORAMA CIRCLE, SUITE 400
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARCHSTONE SMITH OPERATING TRUST
		CENTRAL INDEX KEY:			0000080737
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				900042860
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		9200 E PANORAMA CIRCLE
		STREET 2:		STE 400
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112
		BUSINESS PHONE:		3037085959

	MAIL ADDRESS:	
		STREET 1:		9200 E PANORAMA CIRCLE
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80012

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARCHSTONE COMMUNITIES TRUST/
		DATE OF NAME CHANGE:	19980707

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SECURITY CAPITAL PACIFIC TRUST
		DATE OF NAME CHANGE:	19950417

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PROPERTY TRUST OF AMERICA
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>rrd201077.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2007-10-05</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000080737</issuerCik>
        <issuerName>ARCHSTONE SMITH OPERATING TRUST</issuerName>
        <issuerTradingSymbol>ASN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001318726</rptOwnerCik>
            <rptOwnerName>NEELY ALFRED G.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>9200 E. PANORAMA CIRCLE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 400</rptOwnerStreet2>
            <rptOwnerCity>ENGLEWOOD</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80112</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Development Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>No securities beneficially owned</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <ownerSignature>
        <signatureName>/s/ Thomas S. Reif, Attorney-in-Fact on behalf of Alfred G. Neely</signatureName>
        <signatureDate>2008-03-26</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----