Tuesday, October 12, 2010

New Wells Core REIT Declares First Distribution

NORCROSS, GA – Wells Core Office Income REIT announced its Board of Directors has declared a distribution for the period of Oct. 18 through Dec. 15, 2010, totaling $0.20 per share for the 59-day period.

The distribution, calculated on a daily basis, will be paid in December to shareholders of record during the period from Oct. 18 to Dec. 15. 

Wells Core REIT is a nontraded, public investment program from Wells Real Estate Funds, focused primarily on core office real estate, leased to creditworthy tenants.

 It commenced operations and began issuing shares on Sept. 29 after raising the minimum offering amount, and acquired its first property on Thursday, an office building in suburban Dallas leased to JP Morgan Chase.

For more information on Wells Core REIT, visit http://www.wellscorereit.com/.

Media Contact: Margot Olcay Rubenstein Associates(212) 843-8284

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