First Potomac Adds 100,000 SF at Bay Warehouse

NORFOLK, VA-First Potomac Realty Trust is adding an additional 100,000 sf to its class A office/warehouse facility at Bay Warehouse in Chesapeake’s Cavalier Industrial Park. When the addition delivers in October, the Bay Warehouse will total approximately 400,000 sf.

According to Worth Remick, vice president of CB Richard Ellis in Norfolk, there are no significant prelease commitments at this point. Remick, together with Ashton Williamson, first vice president of CBRE, are handing leasing for the building, which is located at 1400 Cavalier Blvd.

“Part of the expansion strategy is to provide additional space to the existing tenants if they want it,” Remick tells GlobeSt.com. The facility has maintained near fully occupancy for the last four years, he says.