Washington Real Estate Investment Trust Recognized for Workplace Excellence
08 May 2012 - 6:35AM
Business Wire
Washington Real Estate Investment Trust (WRIT) (NYSE: WRE)
received the 2012 Workplace Excellence Award, the 2012 Health &
Wellness Trailblazer Award, and the 2012 EcoLeadership Award from
the Alliance for Workplace Excellence on May 7, 2012.
The Workplace Excellence Award winners demonstrate outstanding
commitment to balanced leadership and the overall success of their
workforce, and the Health & Wellness Trailblazer Award
recognizes employers who provide innovative programs for employee
health and wellness. The EcoLeadership Award recognizes visionary
employers who are paving the way for environmentally sustainable
workplaces. These awards were created to honor businesses that
promote professional fulfillment, personal wellness and a
sustainable environment–at work, at home, and in the community.
This is WRIT’s fourth Workplace Excellence Award, third Health
& Wellness Trailblazer Award, and second EcoLeadership
Award.
Laura Franklin, Executive Vice President of Administration of
WRIT said, “We work hard to foster a supportive environment that
encourages our employees to achieve their professional goals while
balancing healthy lifestyles and service to the community, and we
are proud to be recognized for our efforts.”
The Alliance for Workplace Excellence (AWE) is a 501(c)3
nonprofit organization founded by Montgomery County, Maryland and
Discovery Communications, Inc. For more information, visit
http://www.excellentworkplace.org.
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 71 properties totaling approximately 9 million square feet of
commercial space and 2,540 residential units, and land held for
development. These 71 properties consist of 26 office properties,
18 medical office properties, 16 retail centers and 11 multifamily
properties. WRIT shares are publicly traded on the New York Stock
Exchange (NYSE:WRE).
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 first quarter 2012 Form 10-Q.
We assume no obligation to update or supplement forward-looking
statements that become untrue because of subsequent events.
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