First Potomac Realty Trust is a leading owner of office and industrial properties in the Greater Washington, DC region. The company creates value in the assets it acquires through aggressive leasing and repositioning programs.
The force behind First Potomac's ability to enhance value is a senior management team with extensive and varied experience in the commercial real estate industry. They combine their management experience with relationships with local property owners, investment sales brokers, tenants and leasing agents, to identify acquisition opportunities and then recognize and capture unrealized value.
All of First Potomac's properties are located in strong submarkets that have significant rent-growth potential due to consistent occupancy rates and employment growth, limited new construction activity and expiring leases with rental rates below those required to make new construction economically feasible.
The economic fundamentals in the Greater Washington region provide an attractive environment for owning, acquiring and operating office and industrial properties.