Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
SESSOMS WALTER W
 2. Issuer Name and Ticker or Trading Symbol
WELLS REAL ESTATE INVESTMENT TRUST INC [n/a] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

5995 RIVER CHASE CIRCL		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2005
(Street)


ATLANTA, GA 30328		 4. If Amendment, Date Original Filed(Month/Day/Year)
02/13/2006		 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 12/31/2005(1)   J5(1) 61,575.19 (1) A $ 8.31 (2) 61,575.19 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants $ 12 09/27/2000   A 67.42   09/27/2000   (3) Common Stock
67.42
$ 12 2,418.06
D
 
Warrants $ 12 08/15/2001   A 404.49   08/15/2001   (3) Common Stock
404.49
$ 12 2,418.06
D
 
Warrants $ 12 11/07/2001   A 404.49   11/07/2001   (3) Common Stock
404.49
$ 12 2,418.06
D
 
Warrants $ 12 01/14/2002   A 404.49   01/14/2002   (3) Common Stock
404.49
$ 12 2,418.06
D
 
Warrants $ 12 04/12/2002   A 404.49   04/12/2002   (3) Common Stock
404.49
$ 12 2,418.06
D
 
Warrants $ 12 09/20/2002   A 202.25   09/20/2002   (3) Common Stock
202.25
$ 12 2,418.06
D
 
Warrants $ 12 01/15/2003   A 202.25   01/15/2003   (3) Common Stock
202.25
$ 12 2,418.06
D
 
Warrants $ 12 03/22/2004   A 37.36   03/22/2004   (3) Common Stock
37.36
$ 12 2,418.06
D
 
Warrants $ 12 06/22/2004   A 37.97   06/22/2004   (3) Common Stock
37.97
$ 12 2,418.06
D
 
Warrants $ 12 09/22/2004   A 40.5   09/22/2004   (3) Common Stock
40.5
$ 12 2,418.06
D
 
Warrants $ 12 12/22/2004   A 41.24   12/22/2004   (3) Common Stock
41.24
$ 12 2,418.06
D
 
Warrants $ 12 03/28/2005   A 42   03/28/2005   (3) Common Stock
42
$ 12 2,418.06
D
 
Warrants $ 12 06/22/2005   A 42.8   06/22/2005   (3) Common Stock
42.8
$ 12 2,418.06
D
 
Warrants $ 12 09/22/2005   A 43.58   09/22/2005   (3) Common Stock
43.58
$ 12 2,418.06
D
 
Warrants $ 12 12/22/2005   A 42.73   12/22/2005   (3) Common Stock
42.73
$ 12 2,418.06
D
 
Options $ 12 12/31/2005(4)   J(4) 8,500 (4)   06/16/1999(5) 06/16/2009(6) Common Stock
8,500
$ 12 8,500
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SESSOMS WALTER W
5995 RIVER CHASE CIRCL
ATLANTA, GA 30328		   X      

Signatures

Douglas P. Williams, Attorney-in-Fact 04/12/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents total amount of securities purchased as of December 31, 2005.
(2) Prices ranging from $10.00 to $8.31 over five year period.
(3) No expiration date except upon disolution, liquidation, or merger or consolidation of Wells Real Estate Investment Trust, Inc. ("Wells REIT") where Wells REIT is not the surviving corporation.
(4) Represents total amount of options issued as of December 31, 2005.
(5) Exercisable dates ranging from 6/16/1999 to 7/19/2007.
(6) Expiration dates ranging from 6/16/2009 to 7/19/2015.

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