First Potomac Realty Trust Announces Full Floor Office Lease At Redeveloped 440 First Street, NW

BETHESDA, Md., Sept. 15, 2014 /PRNewswire/ -- First Potomac Realty Trust (NYSE: FPO), a leading owner and operator of office and business park properties in the greater Washington, D.C. region, today announced that Alliance Defending Freedom has signed a full floor lease, totaling 14,796 square feet, at 440 First Street, NW. The building is now 45% leased.

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"We are delighted that Alliance Defending Freedom has signed a full floor lease," stated Ernie Jarvis, Senior Vice President of First Potomac Reality Trust. "440 First Street continues to attract high-caliber organizations that desire an exceptional building with close proximity to the Capitol."

With approximately 140,000 square feet of office and retail space, 440 First Street, NW is a Class A office building which provides unparalleled space, in a premier location just blocks from the U.S. Capitol. The building amenities include two rooftop terraces with panoramic views, on-site fitness center, a conference center/boardroom, retail/restaurant space on the lobby level, and underground parking. In addition, the building has achieved LEED Platinum certification, and was ranked third by The Washington Business Journal for LEED-Certified spaces in 2013. The building is conveniently located between the Judiciary Square and Union Station stops on the Metro Red Line.

About First Potomac Realty Trust
First Potomac Realty Trust is a self-administered, self-managed real estate investment trust that focuses on owning, operating, developing and redeveloping office and business park properties in the greater Washington, D.C. region.  As of June 30, 2014, our consolidated portfolio totaled 8.7 million square feet.  Based on annualized cash basis rent, our portfolio consists of 57% office properties and 43% business park and industrial properties. A key element of First Potomac's overarching strategy is its dedication to sustainability. Over one million square feet of First Potomac property is LEED Certified, with the potential for another 700,000 square feet in future development projects.  Approximately half of the portfolio's multi-story office square footage is LEED or Energy Star Certified.  FPO common shares (NYSE: FPO) and preferred shares (NYSE: FPO-PA) are publicly traded on the New York Stock Exchange.

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SOURCE First Potomac Realty Trust

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