Tuesday, September 25, 2018

Washington REIT Is Said to Explore Sale of Retail Portfolio

Washington Real Estate Investment Trust is exploring the sale of its retail portfolio, according to people familiar with the matter.

The D.C.-based REIT is working with an adviser, which has contacted potential buyers, said the people, who asked not to be named because the information is private. The portfolio could fetch roughly $800 million, one of the people said. . . . more