First Potomac Realty Trust Honored by NAIOP of Northern Virgina as “Firm of the Year”
First Potomac Realty Trust (NYSE: FPO), a leading owner of office and industrial properties in the greater Washington D.C. region, announced it was awarded “Firm of the Year” by NAIOP Northern Virginia.
First Potomac received this accolade at a sold out event on Wednesday, November 14, at the Ritz-Carlton in Tysons Corner. The event was themed “Focus on Excellence.”
“This award is truly an honor, and a further testament to the quality and standards that our company, and our employees, represents,” said Skip Dawson, Executive Vice President and Chief Operating Officer of First Potomac Realty Trust. “We proudly support NAIOP Northern Virginia and the work they do for the commercial real estate industry and the community.”
The Firm of the Year award is chosen based on many factors, including the example a company sets for its peers, the quality of its work, the role the company employees have played in the operation of the chapter, and its overall participation in the community. The panel of judges, comprised of industry peers, unanimously selected First Potomac, noting its significant contributions to industry lobbying, education and other worthwhile organizations.
“The NAIOP Northern Virginia Firm of the Year is not necessarily awarded every year,” said NAIOP Northern Virginia Chairman David Millard of Avison Young. He continued, “The members of this company have gone out of their way to help make our NAIOP chapter one of the best in the country.”
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 industrial properties in the greater Washington, D.C. region. As of September 30, 2012, the Company's consolidated portfolio totaled approximately 14 million square feet. Based on annualized cash basis rent, the Company’s portfolio consists of 43% office properties, 36% business parks and 21% industrial properties. A key element of First Potomac's overarching strategy is its dedication to sustainability. Nearly 1 million square feet of First Potomac property is LEED Certified, with another 1 million square feet currently in development. Over half the portfolio's multi-story office square footage is LEED or Energy Star Certified and 82% of First Potomac’s Washington, DC portfolio is Energy Star Certified. FPO common shares (NYSE:FPO) and preferred shares (NYSE:FPO-PA) are publicly traded on the New York Stock Exchange. For more information, please visit
About NAIOP Northern Virginia
NAIOP Northern Virginia is a chapter of NAIOP, the Commercial Real Estate Development Association, comprised of over 825 members serving the local Northern Virginia market. NAIOP is the leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate, with 15,000 members in North America. NAIOP advances responsible commercial real estate development and advocates for effective public policy. For more information, visit www.naiopva.org.
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