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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 17, 1996
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WASHINGTON REAL ESTATE INVESTMENT TRUST
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(Exact name of registrant as specified in its charter)
District of Columbia 1-6622 53-0261100
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(State or other jurisdiction of (Commission File (IRS Employer
incorporation Number Identification Number)
10400 Connecticut Avenue, Kensington, Maryland 20895
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (301)929-5900
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On May 17, 1996 WRIT Limited Partnership, a majority owned subsidiary of
WRIT, purchased Maryland Trade Center I and II, office buildings containing
349,813 rentable square feet located in Greenbelt, Maryland from the State of
California Public Employees' Retirement System, for a purchase price of
$28,000,000. The purchase price was paid out of an advance from WRIT's
unsecured line of credit with Crestar Bank and its' participant, Signet
Bank/Virginia. On date of acquisition, the center was 98.5% leased. Major
tenants include NationsBank, OAO, Orbital Sciences Corporation, Lockheed Martin
Corporation, TRW and various law and accounting firms.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired
The acquisition, when aggregated with a previously reported
acquisition completed on March 13, 1996, constitutes the
acquisition of a "significant amount of assets" as defined in
regulation S-X. It is impracticable for WRIT to provide the
required financial statements for the substantial majority of the
assets acquired at the time this report is being filed. The
required financial statements will be filed promptly, and in any
event within 60 days after the required filing date of this report.
(b) Pro Forma Financial Information
It is impracticable for WRIT to provide the required pro forma
financial information at the time this report is being filed. The
required pro forma financial information will be filed promptly,
and in any event within 60 days after the required filing date of
this report.
(c) Exhibits
Credit agreement dated July 27, 1995 among Washington Real Estate
Investment Trust as borrower, Crestar Bank, as Lender, Signet
Bank/Virginia, as Lender, and Crestar Bank as Agent.
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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 thereunto duly authorized.
WASHINGTON REAL ESTATE INVESTMENT TRUST
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(Registrant)
By: /s/ Laura M. Franklin
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(Signature)
Laura M. Franklin
Vice President &
Chief Accounting Officer
May 31, 1996
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(Date)