Major Milestones
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1985 |
Wells purchases its very first property, Peachtree Place, a retail complex in Atlanta, Georgia.
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1991
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Wells exceeds $100 million in assets under management. |
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1995
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Wells is highlighted as one of the best investments available to Americans in the book, The 105 Best Investments for the 21st Century.
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1998
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Wells launches its first REIT – Wells Real Estate Investment Trust, Inc. (Wells REIT).
Wells also launches its first mutual fund – the Wells S&P REIT Index Fund. |
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2000 |
Leo Wells makes his first national television appearance on CNN's financial network, CNNfn.
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2001
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The company passes the $1 billion mark in assets under management. |
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2002
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Wells is ranked as the largest purchaser of Class-A office and industrial properties in the U.S. by Real Capital Analytics. In the same year, Wells purchased its 100th building.
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2003
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Leo Wells receives the Ernst & Young Financial Services Entrepreneur of the Year Award.
Wells is ranked as the largest purchaser of commercial properties in the U.S. by Real Capital Analytics. Wells launches its second REIT, Wells REIT II. |
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2006
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Wells Timberland REIT is launched, the first-ever nontraded REIT focusing on the timberland industry.
Wells also launched the Wells Dow Jones Wilshire Global RESI Index Fund, a global real estate mutual fund. |
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2010
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Wells Core Office Income REIT is launched. |
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2011
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Wells earns its first ENERGY STAR® Partner of the Year award for its energy conservation efforts. |
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2013 |
Wells is recognized for a second time as ENERGY STAR Partner of the Year.
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