CFO Sara Grootwassink tells GlobeSt.com these are office assets.She also says the company has offers out for additionalacquisitions--although she will not say in which asset classes--andhopes to make more closings this year. The first half of 2006 hasbeen particularly strong, she says, in large part because oftiming. "Many of these deals we were working on for well over ayear."

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

WRIT has made $156.5 million in acquisitions this year, the vastmajority of which occurred in Q2. These deals included four medicaloffice properties, two retail centers and one industrial/flexproperty. They were financed with the assumption of some mortgagesand borrowings on the company's line of credit that were laterrepaid with the proceeds from the firm's recent debt and equityofferings.