First Potomac Realty Trust's CFO Andrew Blocher Named CFO Of The Year By The Washington Business Journal

BETHESDA, Md., July 21, 2014 /PRNewswire/ -- First Potomac Realty Trust (NYSE: FPO), a leading owner and operator of office and business park properties in the greater Washington D.C. area, announced today that Andrew Blocher, Executive Vice President and CFO, was named CFO of the Year by the Washington Business Journal.

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Mr. Blocher's achievements as CFO during 2013 include updating the Company's strategic and capital plan resulting in the sale of the majority of First Potomac's industrial portfolio and a successful public offering of over 7-million common shares.  In addition, since joining First Potomac in 2012, Mr. Blocher has led numerous efforts to strengthen the company's balance sheet and financial performance.

In addition to his work at First Potomac as CFO, Mr. Blocher is on the Board of Directors for Make-A-Wish Mid-Atlantic where he chairs the Audit and Investment Committee. He has given/raised more than $120K in his first six months of service and is one of the leading fundraisers on the board.

Mr. Blocher received his undergraduate degree in Finance from Indiana University in Bloomington and his Masters of Business Administration in Finance from George Washington University.

"On behalf of the entire team at First Potomac Realty Trust, I would like to congratulate Andy. He is a valuable asset to our company and the community," said Douglas J. Donatelli, Chairman and CEO at First Potomac Realty Trust. "We are honored to have him as our CFO, and are delighted that his hard work has been recognized."

"It is truly an honor to have been selected from such a distinguished group of CFO's by the Washington Business Journal. This award is recognition for the success of assembling a great team and I am grateful for the hard work my team puts forth every day," Andrew Blocher, CFO of First Potomac Realty Trust said. "I am truly thankful for the opportunity to work with such a wonderful company like First Potomac."

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 business park properties in the greater Washington, D.C. region.  As of March 31, 2014, the Company's consolidated portfolio totaled 8.7 million square feet.  Based on annualized cash basis rent, the Company's portfolio consists of 54% office properties and 46% business park and industrial properties.  A key element of First Potomac's overarching strategy is its dedication to sustainability.  Over one million square feet of First Potomac property is LEED Certified, with the potential for another 700,000 square feet in future development projects.  Approximately half of the portfolio's multi-story office square footage is LEED or Energy Star Certified.  FPO common shares (NYSE: FPO) and preferred shares (NYSE: FPO-PA) are publicly traded on the New York Stock Exchange.

Media Contact:
Vikki Kayne
301.986.9200 
[email protected] 

SOURCE First Potomac Realty Trust

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