Business & Finance
Business and Finance
Business and Finance 
Thu, June 3, 2010
Wed, June 2, 2010
BETHESDA, Md.--([ BUSINESS WIRE ])--First Potomac Realty Trust (NYSE:FPO), a leader in the ownership, management, development and redevelopment of office and industrial properties in the greater Washington, D.C. region, today announced that it has expanded its unsecured revolving credit facility from $175 million to $225 million with the addition of two new lenders, US Bank and TD Bank.
Barry H. Bass, Chief Financial Officer of First Potomac stated, "The expansion of our corporate line of credit and the recent improvement of its terms further strengthens our capital position. The addition of US Bank and TD Bank to our already strong roster of banking relationships illustrates the strength of our markets and the attractiveness of the First Potomac strategy and platform. We will continue to enhance our financial flexibility to position the company to take advantage of attractive opportunities and solidify our position as one of the leading commercial property owners in the greater Washington, D.C. region.a
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. The Companya™s portfolio totals approximately 12million square feet. The Company's largest tenant is the U.S. Government, which along with government contractors, accounts for approximately 20% of the Companya™s revenue.