First Potomac Realty Trust

Commercial Real Estate REITfirst-potomac.com

Company typePrivate
Founded1997
HeadquartersBethesda, United States
Headcount51–100
GTM typeB2B
OfferingServices

What First Potomac Realty Trust does

First Potomac Realty Trust is identified in the input firmographic data as a self-managed real estate investment trust (REIT) founded in 1997, headquartered in Bethesda, Maryland, with 101-250 employees and previously listed on NYSE MKT under the ticker FPO. The entity is currently flagged as delisted, with no active public ticker, and no current revenue, funding, leadership, product, or operational disclosures are provided in the source material. The REIT's investment focus, portfolio composition, asset classes, and tenant base are not specified in the available data.

The corporate web domain (first-potomac.com) is presently hosting Indonesian-language content for an unrelated online gambling aggregator branded Bola88/BISA88, which markets integrated sportsbook, slot, casino, poker, and lottery offerings through third-party providers such as SBOBET, IDNPLAY, Pragmatic Play, JDB, Joker123, Habanero, RTG, GameHall, CMD368, and BOLA88. The source material explicitly notes that this gambling content does not relate to First Potomac Realty Trust, indicating the domain has been repurposed after delisting and is not a current product of the REIT entity.

There is no verifiable information in the input regarding the entity's current operating status, ownership structure, parent company, subsidiaries, management team, regulatory standing, or financial condition post-delisting. The combination of a delisted corporate record and an unrelated third-party website creates material data ambiguity for any current-state analysis.

First Potomac Realty Trust firmographics

Firmographics

Name: First Potomac Realty Trust
Website: https://first-potomac.com
Company type: Private
Founded year: 1997
Headcount range: 51–100 employees
Ownership category
akta.pro rank

First Potomac Realty Trust industry classification

Industry

Product category: Commercial Real Estate REIT
NAICS: Funds, Trusts, and Other Financial Vehicles (525)
SIC: Real Estate Investment Trusts (6798)
akta.pro industry: PRIMARYFSAAAKAD
REITs & Listed Real Estate Securities
Financial & Insurance/Asset & Wealth Management/Asset Management — Real Assets (Real Estate, Infrastructure, Natural Resources)

Keywords

Commercial real estate
Real estate investment trust
Office properties
Industrial properties
Property leasing

Where First Potomac Realty Trust is headquartered

Location

Headquarters

HQ city: Bethesda
HQ country: United States
HQ region: North America

Markets served

First Potomac Realty Trust business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Infrastructure, Operations, Personnel, Marketing or Sales, Others

Distribution channels1 record

Marketing channels2 records

First Potomac Realty Trust product offering

Product offering

Core offering

First Potomac Realty Trust is a self-managed real estate investment trust (REIT) that owns, operates, and selectively develops a portfolio of office and industrial properties, primarily in the Washington, D.C. metropolitan area. The trust leases space to commercial tenants under multi-year agreements and earns rental revenue, with a company size of 101–250 employees headquartered in Bethesda, Maryland.

Product overview

The source content describes an online gambling platform offering sports betting (Judi Bola), online slots, casino games, poker/card games, and lottery (togel). The platform operates as an aggregator/recommendation site for various online gambling providers including SBOBET, Bola88, CMD368 (sportsbook), and slot providers Pragmatic, JDB, Joker123, RTG, Habanero, and GameHall. Note: This content does not relate to First Potomac Realty Trust, which is a real estate investment trust.

Differentiator

Problem solved

Functional benefit

Products and services

Office Property Portfolio Owned and operated office properties leased to commercial and government-related tenants in the Washington, D.C. metropolitan area and Mid-Atlantic region under multi-year lease agreements.
Industrial Property Portfolio Owned and operated industrial properties leased to commercial tenants for warehouse, distribution, and flex-industrial uses, primarily in the Washington, D.C. metro and Mid-Atlantic region.

Companies that use First Potomac Realty Trust

Customer profile

Segments1 record

Ideal customer profiles1 record

First Potomac Realty Trust technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

First Potomac Realty Trust partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core.

SBOBETcoreTechnology or IntegrationSBOBET is a sportsbook provider integrated into the platform, offering football betting and virtual games including casino and slot games. It is cited as the official best online football gambling provider.
IDNPLAY (IDN POKER)coreTechnology or IntegrationIDNPLAY serves as the poker and ceme online game operator. The platform uses the IDNPLAY server for poker online championships with daily prizes reaching hundreds of millions of rupiah.
Pragmatic PlaycoreTechnology or IntegrationPragmatic Play is the most popular online slot provider on the platform, known for attractive game designs and frequent large jackpot prizes. Most played games include Bonanza, Aztec, and Gate of Olympus.
JDB Slot (JDB)coreTechnology or IntegrationJDB Slot is recognized as the slot provider with the largest jackpot bonuses among slot providers. Popular game is Birds Party (Angry Bird), with Open Sesame known for jackpots exceeding 500 million.

Recent moves2 records

Expansion highlights2 records

First Potomac Realty Trust competitors and assessment

Company assessment

Direct peers

STAG Industrial: US net-lease industrial REIT with a diversified, single-tenant industrial portfolio across secondary and tertiary markets. Comparable as a mid-sized industrial REIT with similar tenant base and long-WALT lease economics.
Monmouth Real Estate Investment Corporation: Industrial-focused net-lease REIT acquired by Industrial Logistics Properties Trust in 2021. Closely comparable as a small-cap industrial REIT with a single-tenant focus and a similar public-to-private lifecycle.
EastGroup Properties: Sunbelt-focused industrial REIT with a portfolio of distribution and warehouse facilities. Comparable as a small-to-mid cap industrial REIT operating a focused, multi-state portfolio of last-mile distribution real estate.
Empire State Realty Trust: NYC-focused office and mixed-use REIT with a self-managed structure. Comparable as a self-managed, mid-sized public office REIT facing similar secular office-sector headwinds.
First Industrial Realty Trust: Pure-play industrial REIT focused on distribution, manufacturing, and bulk-industrial properties across the US, including Mid-Atlantic submarkets. Closest direct public peer given shared industrial-property orientation and overlap in target tenant base.
Liberty Property Trust: Mid-Atlantic / national industrial-and-office REIT acquired by Prologis in 2020 for ~$12.6B. Directly comparable to First Potomac in property mix (industrial plus office) and US East Coast/Mid-Atlantic geographic focus, with a similar trajectory of public-to-private transition.
Highwoods Properties: Best Business District office REIT operating primarily in the Southeast US Sunbelt. Comparable as a mid-cap, self-managed office REIT with a similar portfolio-scale and capital-markets profile to First Potomac's former public-market position.

Broad incumbents

W. P. Carey: Diversified net-lease REIT with industrial, office, retail, and self-storage exposure across the US and Europe. Comparable as a broader REIT platform with industrial and office components overlapping First Potomac's mix.
Vornado Realty Trust: Large-cap office and retail REIT concentrated in NYC/DC. Comparable as a Mid-Atlantic office REIT peer with overlapping Bethesda/DC submarket exposure and similar tenant mix (government, professional services).

Emerging players

Terreno Realty Corporation: Smaller pure-play industrial REIT focused on coastal US infill industrial assets. Comparable as an industrial-accretive operator of last-mile distribution real estate in supply-constrained submarkets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

First Potomac Realty Trust financial estimates

Financial estimate

Revenue estimate

Valuation estimate

First Potomac Realty Trust leadership team

Management profile

Number of profiles

First Potomac Realty Trust funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

First Potomac Realty Trust M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First Potomac Realty Trust

What does First Potomac Realty Trust do?

Is First Potomac Realty Trust a public or private company?

First Potomac Realty Trust is a private company. It is classified as public.

When was First Potomac Realty Trust founded?

First Potomac Realty Trust was founded in 1997. It employs 51 to 100 people.

Where is First Potomac Realty Trust based?

First Potomac Realty Trust is headquartered in Bethesda, United States, in the North America region.

Who are First Potomac Realty Trust's main competitors?

Direct peers on record are STAG Industrial, Monmouth Real Estate Investment Corporation, EastGroup Properties, Empire State Realty Trust, First Industrial Realty Trust, Liberty Property Trust and Highwoods Properties. Broad incumbents are W. P. Carey and Vornado Realty Trust. Terreno Realty Corporation is listed as an emerging player.

Does First Potomac Realty Trust have an API?

No public API is recorded for First Potomac Realty Trust.

What industry is First Potomac Realty Trust in?

First Potomac Realty Trust's product category is Commercial Real Estate REIT. Its primary akta.pro industry code is FSAAAKAD, REITs & Listed Real Estate Securities. Its NAICS code is 525 and its SIC code is 6798.