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HRPT Sells $231M of Assets, Changes Name

NEWTON, MA-HRPT Properties Trust is moving away from the healthcare REIT portion of its business and renaming itself "CommonWealth REIT."

By Ryan Clark | Updated on June 16, 2010

NEWTON, MA-HRPT Properties Trust, as of July 1, 2010 will be no more. The locally based REIT will continue to exist, however it will undergo a name change. The new moniker for the publicly-traded real estate trust will be “CommonWealth REIT.” The switch will happen on July 1, 2010, at which point the ticker symbol for the New York Stock Exchange will switch from HRP to CWH.

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