8-K Advisory Agreement Renewal


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):
July 11, 2011


WELLS TIMBERLAND REIT, INC.
(Exact name of registrant as specified in its charter)

Maryland
000-53193
20-3536671
 (State or other jurisdiction of incorporation)
 (Commission File Number)
(IRS Employer Identification No.)

 
6200 The Corners Parkway
Norcross, Georgia 30092-3365
          (Address of principal executive offices, including zip code)
 
Registrant's telephone number, including area code: (770) 449-7800
 
Former name or former address, if changed since last report: Not applicable
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2 below):
 
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 1.01 Entry into a Material Definitive Agreement
Effective July 11, 2011, the amended advisory agreement among Wells Timberland REIT, Inc. (the “Company”), Wells Timberland Operating Partnership, L.P., and Wells Timberland Management Organization, LLC was renewed through July 10, 2012 upon terms identical to those of the amended advisory agreement in effect through July 10, 2011. As previously disclosed in Form 8-K filed on April 1, 2011, the board of directors of the Company approved an amendment to the advisory agreement. The advisory agreement was filed as Exhibit 10.1 to our Quarterly Report on Form 10-Q filed on November 10, 2010 and the amendment was filed as Exhibit 10.1 to Form 8-K filed on April 1, 2011; both documents are incorporated by reference herein.







SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
 
WELLS TIMBERLAND REIT, INC.
 
 
 
Date: July 11, 2011
By:
/s/ Douglas P. Williams
 
 
Douglas P. Williams
 
 
Executive Vice President, Secretary and Treasurer