As a publicly traded real estate investment trust (NYSE: WRE), prudent capital allocation underpins our strategic decision-making, especially when it comes to acquisitions. Washington REIT invests in assets when doing so is a prudent use of our capital. We target assets with potential for value creation through leasing, repositioning, expansion, redevelopment, as well as ground up development. Since 2000, we have completed $2.9B in acquisitions and are continually evaluating new opportunities.
With a research-driven focus on acquiring properties offering an amenitized, transit-oriented experience to tenants, residents, and customers, we are strategic in our investment efforts and efficient in our evaluation of new opportunities. As an all cash buyer with the ability and expertise to structure tax-deferred transactions, Washington REIT offers best-in-class execution.
Building on decades of groundwork, our team understands what deserves attention and where undiscovered opportunities are found. We develop and redevelop with the end user in mind. Our professionals bring expertise from a variety of fields to every conversation. Our deep connections in the D.C. area and our quick access to capital means we close transactions with efficiency.