WRIT SELLS FINAL PHASE OF INDUSTRIAL PORTFOLIO FOR $70.6M

CHANTILLY, VA., AND LANDOVER, MD. — Rockville, Md.-based Washington Real Estate Investment Trust has sold the remaining two properties in its industrial portfolio, the 324,412-square-foot Dulles Business Park in Chantilly and the 150,000-square-foot 6100 Columbia Park Road in Landover, for $70.6 million. The buyer of the portfolio was a joint venture between AREA Property Partners and the Adler Group. The sale proceeds of the full portfolio total $350 million.