First Potomac Continues to Lease Sterling Park Business Center

BETHESDA, MD—First Potomac Realty Trust continues to lease up Sterling Park Business Center, a 127,814-sf, two-building office/flex property in the Dulles Corridor that it acquired in February. DIRAK Inc. signed a 10-year lease for 25,338 sf in the building, bringing occupancy in the building up to 81%, from 61% in February.

“When we acquired Sterling Park Business Center in February, we recognized the property’s potential to address an underserved niche in the rapidly growing Sterling market,” James H. “Skip” Dawson, First Potomac’s chief operating officer, says. “By vigorously working the market immediately after the acquisition, we were able to secure an attractive, long-term tenant and quickly lease up over half the vacancy.”