Richmond, Texas Couple Wins Wells REIT II National Contest
Awarded Boston trip for choosing environmentally responsible paperless delivery of stockholder communications
NORCROSS, Ga.
(April
08, 2011)
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Wells Real Estate Investment Trust II, Inc. (Wells REIT II), an Atlanta-based real estate investment trust, today announced that Ryan and Jennifer LaMothe of Richmond, Texas are the most recent winners of the Wells REIT II paperless communications sweepstakes.
Starting in June 2010, Wells REIT II inaugurated this sweepstakes program to encourage its investors to sign up for electronic delivery of statements and other stockholder communications and join its efforts to be a good steward of the environment. The ongoing campaign to promote "e-delivery" has resulted in over 25,000 sign-ups and has saved the company an estimated $240,000 that would otherwise have been spent on paper, postage, and processing.
The prize for winning the sweepstakes is an all-expense paid trip to any one of 32 U.S. cities where Wells REIT II owns an office building. The LaMothes have elected to travel to Boston, Mass., where they will tour Wells REIT II's 550 King Street property, attend a Red Sox game, and enjoy the many sights and attractions Boston has to offer.
Both LaMothes are graduates of Texas A&M University. Ryan is employed as an engineer with Hess in Houston. They have two sons, Brady, age five, and Mason, age two.
"Jennifer and I signed up for ‘e-delivery' as a way to model environmental responsibility for our boys," said Ryan.
"Electronic delivery of statements was an easy choice to make," added Jennifer. "It's convenient and it helps reduce paper waste, which is rewarding in and of itself. But winning a trip to Boston was icing on the cake!"
"We're extremely pleased to award this trip to Ryan and Jennifer LeMothe," said Nelson Mills, president of Wells REIT II. "We hope they have a fabulous time in Boston and spread the word about how simple choices such as paperless delivery can mean so much for the environment."
About Wells REIT II
Currently, the Wells REIT II portfolio includes 94 office buildings in 23 states, Washington, D.C., and Moscow, covering more than 22 million square feet. Wells REIT II is advised by Wells Real Estate Advisory Services II, LLC, a wholly-owned subsidiary of Wells Real Estate Funds, Inc.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers of this press release should be aware that there are various factors that could cause actual results to differ materially from any forward-looking statements made in this release. Factors that could cause or contribute to such differences include, but are not limited to, changes in general economic and business conditions, industry trends, changes in government rules and regulations (including changes in tax laws), and increases in interest rates. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. This is neither an offer nor a solicitation to purchase securities. An offer for current stockholders to invest through the distribution investment plan is made only by the prospectus.