Wells REIT II Inks New Lease Agreements with CIGNA

Wells Real Estate Investment Trust II today announced a new 12-year lease agreement with CIGNA, a global health services company.  Concurrent with this new 90,223 square foot lease, CIGNA also signed two additional 10-year leases to accommodate their request to expand their footprint at the property.  In total, the company will occupy 132,985 square feet

2000 Park Lane is a seven-story, 236,140 square foot, Class-A office building located in Pittsburgh's Parkway West Corridor submarket.  Parkway West is the 2^nd largest submarket for Class A space behind the central business district.

"We're very pleased to welcome a quality, investment-grade tenant like CIGNA to 2000 Park Lane," said Kevin Hoover, managing director of real estate for Wells REIT II. "This transaction shows that Pittsburgh remains an important business center and that this property maintains its strong corporate appeal in the city's western suburbs."

Currently, the Wells REIT II portfolio includes 94 office buildings in 24 states, Washington, D.C., and Russia, covering more than 22 million square feet.  Wells REIT II closed to new investments on June 30, 2010.  For information on Wells REIT II, visit http://www.wellsreitii.com/.

Wells Real Estate Funds, advisor to Wells REIT II, is a national real estate investment company founded in suburban Atlanta in 1984.  In its history, Wells investment offerings - current and closed - have invested more than $11 billion in real estate for more than 250,000 investors.  For more information on Wells Real Estate Funds, visit http://www.wellsref.com/.

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