Wells Names Morris Chief Real Estate Officer

Wells Real Estate Funds appointed Patricia Morris as chief real estate officer. Morris supersedes Don Henry who after a decade with the company will step down effective August 21, 2012. “While we are sad to lose a person of the caliber of Don Henry,” said Robert Kennedy, president of
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Wells Fargo Tower in Birmingham Sells for $68.5M

Commonwealth REIT (NYSE: CWH), an office and industrial real estate investment trust, purchased Wells Fargo Tower in Birmingham, AL, for $ 68.5 million, or approximately $ 130 per square foot. AREA Property Partners sold the trophy office building on behalf of one of its funds in one
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