Leasing
Creating Value Through Relationships With Brokers and Tenants
First Potomac’s continued success is built on a deep-rooted understanding of the market; an appreciation for the needs of tenants and tenant-rep brokers; and an ability to adapt to future requirements of existing tenants in the portfolio. First Potomac has a long-standing reputation in the market as a responsive and fair landlord that provides leading edge solutions for leasing.
Continued success is attributed to the “hands-on” approach of the leasing team who remains in constant contact with existing tenants. This proactive approach contributes to the company’s high retention rate: over 80% of the tenants renew their leases upon expiration.
The First Potomac leasing team knows each market and submarket intimately. Individual team members are embedded in each region in which the company owns properties to enable them to better understand the tenant’s needs, anticipate their future requirements, and to respond quickly to the changing real estate environment. The strengths of the leasing team make First Potomac extremely comfortable buying assets with vacancy and initiating development projects on land holdings within the portfolio.