Friday, October 5, 2018

How Much Interest Would Washington REIT’s Portfolio Get if It Comes on the Market?

NREI
Washington Real Estate Investment Trust might be trying to streamline its holdings at a time when diversified REITs are being viewed with skepticism.

The Washington, D.C.-based REIT is looking to sell its 16-property retail portfolio, Bloomberg reported recently. The 2.33-million-sq.-ft. portfolio, which consists of grocery-anchored community and neighborhood centers and regional power centers, is concentrated in the Washington, D.C., metro area.. . . more