Wells REIT II Signs Siemens to Lease Extension in Orlando

Wells Real Estate Investment Trust II (Wells REIT II) has signed a lease extension with global electronics and electrical engineering powerhouse, Siemens. 

Siemens Quadrangle II is fully leased to the namesake firm who recently committed to extend their lease for an additional 98 months, until August 31, 2019. The 227,000 square foot Class-A office property is owned by Wells REIT II and is ENERGY STAR^® certified.  It is located in the Quadrangle/Research Park area of Orlando which is home to several technology firms and defense contractors.

"We are excited to have Siemens, a Standard and Poor's A+ rated firm, fully renew their lease.  It is a testament to the strong relationship Wells Real Estate Funds has built with them over the last 11 years," said Kevin Hoover, Managing Director of Real Estate for Wells REIT II.  

Currently, the Wells REIT II portfolio includes 95 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 on behalf of nearly 300,000 investors.  Wells was recently named ENERGY STAR^® Partner of the Year by the Environmental Protection Agency ("EPA").  For more information on Wells Real Estate Funds, visit http://www.wellsref.com/.

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, failure to satisfy certain closing conditions. 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.  For SEC filings:
www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001252849&owner=include.