| *Category Ranking | ||||
| Company: | Wells Real Estate Funds | |||
| Address: | 6200 The Corners Parkway | |||
| City: | Norcross | |||
| State: | GA | |||
| Zip: | 30092 | |||
| Phone: | 770-449-7800 | |||
| Fax: | 770-243-8367 | |||
| Email: | terrell.mccollum@wellsref.com | |||
| Website: | www.wellsref.com | |||
| Key Executive | ||||
| 1. Name: | Leo Wells | |||
| Title: | President | |||
| 2. Name: | Mike Dobbs | |||
| Title: | Chief Marketing Officer | |||
| 3. Name: | Randy Fretz | |||
| Title: | Chief of Staff | |||
| 4. Name: | Tom Brittelle | |||
| Title: | Chief Information Officer | |||
| *Number of Offices: | 6 | 13 | ||
| *Number of Employees: | 390 | 13 | ||
| *Gross Revenues Fiscal Year 2006: | 183.3 million | 20 | ||
| *Projected Revenues Fiscal Year 2007: | 212.3 million | 14 | ||
| Selected Areas of Specialization: | Class-A office and industrial properties; timberland | |||
| Company Overview: | Wells Real Estate Funds is a real estate investment company that has invested more than $11 billion in real estate for more than 230,000 investors, and has managed more than 47 million square feet of space in 231 buildings nationally since its founding in 1984. | |||
| *Total Portfolio Size: | 96 buildings | 16 | ||
| Number of buildings: | 96 | |||
| Square Footage: | 19,601,659 | |||
| Number of Units/Rooms: | NA | |||
| *Total Value of Portfolio: | 4.2 billion | 13 | ||
| Percentage by Property Type: | ||||
| Office: | 97. % | |||
| Industrial: | 1.4 % | |||
| Retail: | 0 % | |||
| Apartments: | 0 % | |||
| Hotels: | 0.9 % | |||
| Other: | 0 % | |||
| (Please specify) | ||||
| Percentage by Geographic Area: | ||||
| Northeast: | 39. % | |||
| Southeast: | 22 % | |||
| Midwest: | 20. % | |||
| Southwest: | % | |||
| West: | 17 % | |||
| International: | % | |||
| Total Acquisitions in 2006: | ||||
| Number of buildings: | 16 | |||
| Square Footage: | 4.8 million | |||
| Number of Units/Rooms: | NA | |||
| Total Value of Acquisitions in 2006: | 911.4 million | |||
| Total Dispositions in 2006: | ||||
| Number of buildings: | 8 | |||
| Square Footage: | 803,179 | |||
| Number of Units/Rooms: | NA | |||
| Total Value of Acquisitions in 2006: | 153.7 million | |||
| Raw Score: | 89 |
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Key Executive
Wells Real Estate Funds
Leo Wells
President
2006 Gross Revenues: $ 183.3 million
2007 Projected Revenues: $ 212.3 million
Total Portfolio Size : 96 buildings
Total Value of Portfolio: $ 4.2 billion
Number of Offices: 6
Number of Employees: 390
Leo Wells
President
2006 Gross Revenues: $ 183.3 million
2007 Projected Revenues: $ 212.3 million
Total Portfolio Size : 96 buildings
Total Value of Portfolio: $ 4.2 billion
Number of Offices: 6
Number of Employees: 390
Contact Information
| Address | 6200 The Corners Parkway |
| City | Norcross |
| State | GA |
| Zip | 30092 |
| Phone | 770-449-7800 |
| terrell.mccollum@wellsref.com | |
| Fax | 770-243-8367 |
| Web | www.wellsref.com |