ROCKVILLE, MD-Washington Real Estate Investment Trust has not completed its acquisition spree of the last several months. The REIT, which has closed on $133.4 million in acquisitions this quarter, still has one deal pending, according to statements made during a recent earnings call and according to filings made with the Securities and Exchange Commission.

CFO Sara Grootwassink tells GlobeSt.com these are office assets. She also says the company has offers out for additional acquisitions–although she will not say in which asset classes–and hopes to make more closings this year. The first half of 2006 has been particularly strong, she says, in large part because of timing. “Many of these deals we were working on for well over a year.”

The $94-million acquisition, which is still pending based on the assumption of two mortgages, consists of two properties, in Rockville and Gaithersburg. According to Edmund B. Cronin, Jr., Chairman and CEO, this transaction is expected to close in August.

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