WRIT Sells Maryland Trade Center to Cambridge Property Group

October 3, 2007

Greenbelt Office Towers Trade for $58M; WRIT to Reinvest Proceeds in 1031 Exchange Cambridge Property Group LP of Herndon, VA has acquired the 350,000-square-foot Maryland Trade Center complex in Greenbelt, MD, from Washington Real Estate Investment Trust (WRIT) (NYSE: WRE) for $58 million, or about $165 per square foot.

Greenbelt Office Towers Trade for $58M; WRIT to Reinvest Proceeds in 1031 Exchange

Cambridge Property Group LP of Herndon, VA has acquired the 350,000-square-foot Maryland Trade Center complex in Greenbelt, MD, from Washington Real Estate Investment Trust (WRIT) (NYSE: WRE) for $58 million, or about $165 per square foot.

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