Exhibit 25.1


SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM T-1

 

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939 OF

A CORPORATION DESIGNATED TO ACT AS TRUSTEE

 


 

CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF

A TRUSTEE PURSUANT TO SECTION 305(b)(2)                 

 


 

J. P. MORGAN TRUST COMPANY,

NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 


 

    95-4655078

(State of incorporation

if not a national bank)

 

(I.R.S. employer

identification No.)

 

101 California Street, Floor 38

San Francisco, California

  94111
(Address of principal executive offices)   (Zip Code)

 


 

William H. McDavid

General Counsel

270 Park Avenue

New York, New York 10017

Tel: (212) 270-2611

(Name, address and telephone number of agent for service)

 


 

Washington Real Estate Investment Trust

(Exact name of obligor as specified in its charter)

 


 

Maryland   53-0261100

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification No.)

 

6110 Executive Boulevard, Suite 800

Rockville, Maryland

  20852
(Address of principal executive offices)   (Zip Code)

 


 

DEBT SECURITIES

(Title of the indenture securities)

 



Item 1.    General Information.

 

       Furnish the following information as to the trustee:

 

  (a) Name and address of each examining or supervising authority to which it is subject.

 

       Comptroller of the Currency, Washington, D.C.
       Board of Governors of the Federal Reserve System, Washington, D.C.

 

  (b) Whether it is authorized to exercise corporate trust powers.

 

       Yes.

 

Item 2.    Affiliations with Obligor.

 

If the Obligor is an affiliate of the trustee, describe each such affiliation.

 

None.

 

No responses are included for Items 3-15 of this Form T-1 because the Obligor is not in default as provided under Item 13.

 

Item 16.    List of Exhibits.

 

List below all exhibits filed as part of this statement of eligibility.
Exhibit 1.   Articles of Association of the Trustee as Now in Effect (see Exhibit 1 to Form T-1 filed in connection with Form 8K of the Southern California Water Company filing, dated December 7, 2001, which is incorporated by reference).
Exhibit 2.   Certificate of Authority of the Trustee to Commence Business (see Exhibit 2 to Form T-1 filed in connection with Registration Statement No. 333-41329, which is incorporated by reference).
Exhibit 3.   Authorization of the Trustee to Exercise Corporate Trust Powers (contained in Exhibit 2).
Exhibit 4.   Existing By-Laws of the Trustee (see Exhibit 4 to Form T-1 filed in connection with Form 8K of the Southern California Water Company filing, dated December 7, 2001, which is incorporated by reference).
Exhibit 5.   Not Applicable
Exhibit 6.   The consent of the Trustee required by Section 321 (b) of the Act (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 333-41329, which is incorporated by reference).
Exhibit 7.   A copy of the latest report of condition of the Trustee, published pursuant to law or the requirements of its supervising or examining authority.
Exhibit 8.   Not Applicable
Exhibit 9.   Not Applicable

 

2


SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, J. P. Morgan Trust Company, National Association, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of San Francisco, and State of California, on the 2nd day of December, 2003.

 

J. P. Morgan Trust Company, National Association

By  

/s/ Sharon K. McGrath

 
   

Sharon K. McGrath

Assistant Vice President

 

3


Exhibit 7

 

J. P. Morgan Trust Company, National Association

Statement of Condition

 

June 30, 2003

 

     ($000)

Assets

      

Cash and Due From Banks

   $ 30,669

Securities

     106,073

Loans and Leases

     41,488

Premises and Fixed Assets

     9,168

Intangible Assets

     162,542

Other Assets

     17,245
    

Total Assets

   $ 367,185
    

Liabilities

      

Deposits

   $ 97,653

Other Liabilities

     47,491
    

Total Liabilities

     145,144

Equity Capital

      

Common Stock

     600

Surplus

     181,587

Retained Earnings

     39,854
    

Total Equity Capital

     222,041
    

Total Liabilities and Equity Capital

   $ 367,185