BETHESDA, Md., Jan. 30, 2014 /PRNewswire/ -- First Potomac
Realty Trust (NYSE: FPO), a leader in the ownership, management,
development, and redevelopment of office and business park
properties in the greater Washington,
D.C. region, today announced that its Board of Trustees has
declared a quarterly dividend of $0.15 per common share. The dividend, which
equates to an annualized rate of $0.60 per share, is payable on February 17, 2014 to common shareholders of
record on February 10, 2014.
(Logo: http://photos.prnewswire.com/prnh/20130604/MM26388LOGO
)
The Board of Trustees has also declared a quarterly dividend of
$0.484375 per share on the Company's
Series A Preferred Shares, payable on February 17, 2014, to Series A preferred
shareholders of record on February 10,
2014.
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 September 30, 2013, the
Company's consolidated portfolio totaled approximately 9 million
square feet. Based on annualized cash basis rent, the Company's
portfolio consists of 51% office properties and 49% 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.
CONTACT:
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First Potomac Realty
Trust
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Jaime N.
Marcus
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7600 Wisconsin
Avenue
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Manager, Investor
Relations
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11th
Floor
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(301)
986-9200
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Bethesda, MD
20814
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jmarcus@first-potomac.com
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www.first-potomac.com
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SOURCE First Potomac Realty Trust