Washington Real Estate Investment Trust Appoints Paul S. Weinschenk, LEED AP as Managing Director and Vice President – Head of

  Washington Real Estate Investment Trust Appoints Paul S. Weinschenk, LEED AP
  as Managing Director and Vice President – Head of Retail Division

Business Wire

ROCKVILLE, Md. -- February 4, 2013

Washington Real Estate Investment Trust (WRIT) (NYSE: WRE) announced the
appointment of Paul S. Weinschenk, LEED AP, as Managing Director and Vice
President – Head of Retail Division.

Mr. Weinschenk will oversee the growth and operations of WRIT’s 16-center, 2.4
million square foot retail portfolio, all of which is located in the
Washington, D.C. area. He brings nearly 20 years of Washington, D.C. retail
market experience, including the last 16 at The Peterson Companies, a renowned
Washington, D.C. developer and owner of Class A retail properties, where he
was Vice President – Retail. While at The Peterson Companies, Mr. Weinschenk
was involved in all aspects of retail real estate, including extensive asset
management and development activities. He is an active member of the
International Council of Shopping Centers (ICSC), currently serving as State
Director for Maryland, Northern Virginia and the District of Columbia. Mr.
Weinschenk holds a B.S. in Architecture from the University of Virginia and a
Masters of Business Administration from The University of North Carolina.

“I am incredibly pleased to bring Paul Weinschenk to WRIT. From his experience
at The Peterson Companies – a premier private retail real estate company in
D.C. – Paul has a keen understanding of the Washington metro retail landscape,
from both an investment and operational standpoint. Paul will be working
closely with Steve Krupinski, our Director of Retail Leasing, to continue to
improve and grow our retail portfolio. Between Paul and Steve, I’m excited
about having this level of retail real estate leadership at WRIT – as it
exemplifies our true DC sharpshooter focus for our investors,” said George F.
“Skip” McKenzie, President and Chief Executive Officer of WRIT.

WRIT is a self-administered, self-managed, equity real estate investment trust
investing in income-producing properties in the greater Washington metro
region. WRIT owns a diversified portfolio of 70 properties totaling
approximately 9 million square feet of commercial space and 2,540 residential
units, and land held for development. These 70 properties consist of 26 office
properties, 17 medical office properties, 16 retail centers and 11 multifamily
properties. WRIT shares are publicly traded on the New York Stock Exchange

Certain statements in this press release are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
Such statements involve known and unknown risks, uncertainties, and other
factors that may cause actual results to differ materially. Such risks,
uncertainties and other factors include, but are not limited to, the potential
for federal government budget reductions, changes in general and local
economic and real estate market conditions, the timing and pricing of lease
transactions, the effect of the current credit and financial market
conditions, the availability and cost of capital, fluctuations in interest
rates, tenants' financial conditions, levels of competition, the effect of
government regulation, the impact of newly adopted accounting principles, and
other risks and uncertainties detailed from time to time in our filings with
the SEC, including our 2011 Form 10-K and third quarter 2012 Form 10-Q. We
assume no obligation to update or supplement forward-looking statements that
become untrue because of subsequent events.


Washington Real Estate Investment Trust (WRIT)
William T. Camp
Executive Vice President and Chief Financial Officer
Tel: 301-984-9400
Fax: 301-984-9610
E-Mail: bcamp@writ.com
Press spacebar to pause and continue. Press esc to stop.