Washington Real Estate Investment Trust (WRE)
2012 Annual Shareholders Meeting Conference Call
May 24, 2012 11:00 am ET
John P. McDaniel – Chairman
David Osnos – Director
Laura M. Franklin – Executive Vice President, Accounting and Administration, and Corporate Secretary
George F. McKenzie – President and Chief Executive Officer
Thomas C. Morey – Senior Vice President and General Counsel
John P. McDaniel
Well, I’d like to welcome you to this Annual Meeting. I will call it to order of the Washington Real Estate Investment Trust. I’m Chairman of the Board, John McDaniel, and I'm delighted to have each and every one of you here today. It looks like a great turnout, and that’s what we were hoping for.
This is our 2012 Annual Shareholders Meeting. And over the last year, since we last met in this room as shareholders, as investors; the company has moved forward with its strategic plan, which has been executed, I think fairly well by the executive team.
We’ve had an exceptionally active year, if you have read the Annual Report, and looked into the details associated with that, it’s been an active year, and a successful year as well. The sale of our industrial division, we’ve had several key acquisitions in the office, in the retail sector, Skip, will go into that in greater depth. And I think a very promising commencement of two multifamily development projects. And so, we’re excited to share those developments with you, and we look forward to a successful 2012 remainder.