First Potomac Realty Trust Announces Closing of Public Offering of Common Shares and Exercise of Underwriters’ Option to Purchase Additional Common Shares

BETHESDA, Md.--(BUSINESS WIRE)--First Potomac Realty Trust (the “Company”) (NYSE: FPO) today announced the completion of its public offering of 7,475,000 common shares of beneficial interest (including 975,000 common shares issued and sold pursuant to the exercise of the underwriters’ option to purchase additional common shares in full) at a public offering price of $14.70 per share. The net proceeds of the offering, after deducting the underwriting discount and estimated offering costs, were approximately $104.9 million.