First Potomac Realty Trust / FPO

About First Potomac Realty Trust

7600 Wisconsin Ave., 11th Floor, Bethesda, Md. 20814
www.first-potomac.com | 301-986-9200 | Founded: 1997

Industry: Real Estate | Category: Public Companies

First Potomac Realty Trust owns and manages 11.4 million square feet of industrial and warehouse space, with the federal government its largest tenant. As investors retreated from real estate stocks last year, shares of First Potomac took a beating, falling 45 percent from their February high by the end of 2007. The company remained profitable, however, and it completed a 45,000-square-foot addition to an office building at Crossways Commerce Center at a cost of $5.1 million.

2007 Financial Data

Revenues: $124,570,000 | Net Income: $530,000
Asssets: $1,052,300,000 | Earnings Per Share: $0.02
Stockholder Equity: $330,811,000 | Annual Dividend: $1.36
Total employees: 135 | Local employees: 105