Republic Property Trust Announces Relocation of Corporate Headquarters
16 Gennaio 2007 - 1:55PM
Business Wire
Republic Property Trust (NYSE:RPB) announced that, effective today,
the Company�s corporate headquarters has been relocated to: 13861
Sunrise Valley Drive Suite 410 Herndon, VA 20171 Phone:
703-840-4100 Fax: 703-840-4101 The building is a part of Presidents
Park, a three building office park, owned by Republic Property
Trust. Presidents Park is in Herndon, Virginia, where the Company
owns a total of 12 buildings comprising approximately 1.2 million
square feet. Chief Executive Officer Mark Keller stated, �By
relocating our headquarters to Presidents Park, we will be closer
to the majority of our tenants and will be better positioned to
deliver the highest quality of service.� The Company will retain an
office in Washington, D.C. for its legal, development and D.C.
property management staff. About Republic Property Trust Republic
Property Trust is a fully integrated, self-administered and
self-managed real estate investment trust formed to own, operate,
lease, acquire and develop primarily Class A office properties. The
Company's current portfolio is focused in the Washington, D.C.
metropolitan, or Greater Washington, D.C., market. Republic
Property Trust also selectively seeks fee-based development
opportunities for all real estate classes. Safe Harbor Various
statements in this press release constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"strategy," "plan," "project," "believe," "anticipate," "intend,"
"should," "will," "expect," "estimate," and similar expressions
identify these forward-looking statements. These forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the Company's actual results to differ
materially from historical results or from any results expressed or
implied by these forward-looking statements, including without
limitation: national and local economic, business, real estate and
other market conditions; the competitive environment in which the
Company operates; financing risks; property management risks; the
level and volatility of interest rates; financial stability of
tenants; the Company's ability to maintain its status as a REIT for
federal income tax purposes; acquisition, disposition, development
and joint venture risks; potential environmental and other
liabilities; the Company's ability to pay its estimated
distribution at its current rate; the impact of potential
management changes; the Company's ability to acquire its options
properties; the outcome of any material litigation; and other
factors affecting the real estate industry generally. The Company
refers you to the documents filed by it from time to time with the
Securities and Exchange Commission, including the Company's Annual
Report on Form 10-K and Quarterly Reports on Form 10-Q, each of
which discusses these and other factors that could adversely affect
the Company's results. The Company does not undertake a duty to
update or revise any forward-looking statement whether as a result
of new information, future events or otherwise.
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