First Potomac Realty Trust Overview and Information

First Potomac Realty Trust is a real estate investment trust (REIT) that focuses on owning and operating high-quality office buildings in the Washington, D.C. region. It was founded in 2004.

The company's portfolio includes over 6 million square feet of office space, with a strong presence in submarkets such as Tysons Corner, Reston, and Bethesda. First Potomac Realty Trust has a long history of delivering value to its shareholders through a combination of organic growth and strategic acquisitions.

First Potomac Realty Trust is led by a seasoned management team with extensive experience in the real estate industry.

First Potomac Realty Trust is a real estate investment trust focused on the ownership of office and business park properties.

The company specializes in property management, development, and redevelopment of office and industrial properties.

It primarily serves sectors such as commercial real estate and property investment.

First Potomac Realty Trust is a real estate investment trust focused on the ownership of office and business park properties. They specialize in property management, development, and redevelopment of office and industrial properties.

The company primarily serves sectors such as commercial real estate and property investment. It is based in Bethesda, Maryland.

First Potomac Realty Trust has a market cap of $654.37 million, which is calculated by multiplying the current market price by the total number of shares outstanding.

Their stock price today is $11.14, and it has been stable for the past day with no change.

The company has a 50-day moving average of $11.12, which is a frequently used data point by active investors and traders to understand the trend of a stock.

First Potomac Realty Trust has 120 employees, who work together to manage and develop the company's properties.

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A REIT, or real estate investment trust, is a company that owns or finances income-producing real estate.

These companies are required to meet specific requirements to qualify as REITs.

Most REITs trade on major stock exchanges, offering a convenient way for investors to buy and sell shares.

REITs own or finance a range of property sectors, including residential and commercial properties.

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The SIC code for a trust can be a bit tricky to understand, but it's actually quite straightforward. The SIC code for First Potomac Realty Trust is 672 and 67.

We can learn from the example of First Potomac Realty Trust, which has SIC codes 672 and 67. These codes provide valuable information about the trust's classification.

In the case of First Potomac Realty Trust, the SIC codes 672 and 67 indicate that it is a real estate investment trust.

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First Potomac Realty Trust has a significant annual revenue of $154.3 million in 2025.

The company's financial performance is substantial, with this revenue figure indicating a strong presence in the real estate market.

In 2025, First Potomac Realty Trust reported an annual revenue of $154.3 million, a notable achievement in the industry.

First Potomac Realty Trust had an annual revenue of $154.3 million in 2025.

This is a significant figure, but it's essential to understand what it means for the company's overall financial health.

In 2025, First Potomac Realty Trust's annual revenue was $154.3 million, a substantial amount that reflects the company's success in the real estate industry.

This revenue figure is likely a result of the company's diversified portfolio of properties and its ability to adapt to changing market conditions.

First Potomac Realty Trust's annual revenue in 2025 was $154.3 million, which is a notable achievement in the competitive world of real estate investment trusts.

The NAICS code for a trust can vary depending on its specific activities, but it's often categorized under real estate or finance.

First Potomac Realty Trust's NAICS codes are 53, 53112, 52, 525, 531, 531120, and 5311.

If you're working with a trust, you might need to understand its NAICS code to classify it correctly.

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First Potomac Realty Trust has a well-structured leadership team.

Damian Fenzel is the Vice President, Controller of First Potomac Realty Trust.

The company's leadership is composed of experienced professionals who oversee various aspects of the business.

Damian Fenzel is responsible for the company's financial management and reporting.

First Potomac Realty Trust's leadership team is dedicated to making informed decisions that drive the company's success.

Damian Fenzel's role is crucial in ensuring the company's financial stability and growth.

REITs have historically delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation.

Their comparatively low correlation with other assets also makes them an excellent portfolio diversifier that can help reduce overall portfolio risk and increase returns.

By investing in REITs, you can potentially enjoy a stable source of income and long-term growth in your portfolio.

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Investing in REITs can be a great way to add some stability and growth to your portfolio. REITs historically have delivered competitive total returns, based on high, steady dividend income and long-term capital appreciation.

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One of the key benefits of REITs is their ability to reduce overall portfolio risk. Their comparatively low correlation with other assets makes them an excellent portfolio diversifier.

REITs can provide a steady stream of income through their high dividend payments. This can be especially attractive to investors who are looking for a relatively low-risk way to generate income.

Investing in REITs can be a smart move for those looking to grow their wealth over the long-term. Their potential for long-term capital appreciation makes them a great addition to a diversified investment portfolio.

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First Potomac Realty Trust made a significant investment in Washington, D.C. with a $1.4B acquisition.

This acquisition is a testament to the growing demand for office space in the area, with investor interest in NoMa continuing to flourish. The NoMa submarket has seen a surge in private development, with over $3 billion invested in the past five years.

First Potomac purchased 840 First Street, NE, a 12-story Class A office building, for $90 million or $362 per square foot. The building is fully leased to Group Hospitalization and Medical Services, Inc.

The location of 840 First Street, NE, is prime, situated blocks away from Union Station and the U.S. Capitol. NoMa's proximity to major transportation hubs makes it an attractive location for businesses and residents alike.

In the last five years, private developers have invested more than $3 billion in the 35-block area covered by the NoMa BID.

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First Potomac Realty Trust has been acquired by Government Properties Income Trust for a total value of approximately $1.4 billion. This transaction was approved by FPO's shareholders on September 26, 2017.

The acquisition includes 39 office properties with 74 buildings and approximately 6.5 million square feet of space. These properties were 92.6% occupied as of June 30, 2017.

Government Properties Income Trust is a real estate investment trust, or REIT, that primarily owns properties located throughout the United States that are majority leased to the U.S. Government and other government tenants.

The cash consideration paid to FPO shareholders was $11.15 per FPO common share, or approximately $652 million in aggregate.

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First Potomac Realty Trust has a physical presence that you can visit.

Their headquarters is located at 7600 Wisconsin Avenue, which is a notable address in Bethesda, Maryland.

If you're planning to drop by, you'll find it on the 11th floor of the building.

The mailing address for First Potomac Realty Trust is 7600 Wisconsin Avenue 11th Floor, Bethesda, Maryland, 20814, United States.

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Our headquarters is located at 7600 Wisconsin Avenue, on the 11th floor.

You can find us in Bethesda, Maryland, which is a convenient location with plenty of amenities nearby.

If you're looking for ways to get in touch with us, you can find our contact information on our website under the "Contact Us" tab.

Our office hours are Monday through Friday, 9am to 5pm, and you can reach us by phone at (555) 123-4567 or by email at [[email protected]](mailto:[email protected]).

You can also visit us in person at 123 Main St, Anytown, USA, where you'll find a friendly face ready to assist you.

We're located just a block away from the city center, making it easy to stop by on your way to lunch or after a meeting.

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