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September 12: WRIT

Tuesday - 9/13/2011, 11:07am  ET

The first phase of Washington Real Estate Investment Trust's sale of its industrial portfolio--roughly 2 million square feet in addition to two office properties--is complete. GlobeSt.com says WRIT planned to sell the industrial portion of its portfolio in order to concentrate on its inside-the-beltway holdings. This fall, the remaining WRIT industrial properties, totaling $114.2 million, are expected to close as well.