First Potomac Realty Trust announces four new leases at two NOVA properties
- January 24, 2013
First Potomac Realty Trust has announced the signing of four new leases, totaling 47,491 square-feet, at Three Flint Hill and Atlantic Corporate Park, two Northern Virginia properties.
The three new leases at Three Flint Hill in the Oakton submarket bring the leased property level up to 80 percent. The transactions include:
• First Heritage Mortgage LLC, a mortgage lender that provides loans in Virginia, Maryland, Washington, D.C., Delaware and West Virginia, will occupy the entire eighth floor. First Heritage signed a seven-year lease for 18,673 square feet.
• Intec Group Inc., an integrated architecture and interior design firm, signed a seven-year lease for 7,641 square feet.
First Potomac, based in Bethesda, Md., completed a $10-million renovation of Three Flint Hill in 2011. The eight -story office building includes a tenant-only fitness center, private terraces and a penthouse conference facility that can accommodate up to 130 people. The property is the first redeveloped office building in the Oakton submarket to earn LEED Gold certification.
“ Redeveloping Three Flint Hill allowed us to maximize its value-add potential, and as a result attracted both established and entrepreneurial tenants who are looking for energy efficient, first-class facilities,” James ”Skip” Dawson, First Potomac’s executive vice president and chief operating officer, said in a statement.
At Atlantic Corporate Park in Sterling, TetraTech Inc., a worldwide integrated consulting, engineering and technical services company, leased 19,211 square feet. The park consists of two, four-story Class A office buildings, totaling 221,182 square feet.