OAKTON, VA-First Potomac Realty Trust has inked a total of 49,308 square feet I a total of four new leases at Three Flint Hill. The 181,400-square foot office building is one of First Potomac’s lease-up success stories having acquired it in April 2010 when it was completely vacant. The REIT repositioned the property with a $10-million renovation and set about remarketing it to local brokers and tenants. The eight-story asset, which was the first redeveloped office building in this submarket to secure a LEED Gold certification, is now 51% occupied.

“Three Flint Hill is a great example of First Potomac’s strategy of maximizing value-add opportunities in our portfolio,” CEO Doug Donatelli says in a prepared statement. “When we redeveloped the property, our goal was to attract both established and entrepreneurial tenants with modern, energy-efficient, first-class facilities that provide a platform for long-term success.”

The new tenants include law firm Chadwick, Washington, Moriarty, Elmore & Bunn P., which is taking 17,640 square feet; A. J. Dwoskin & Associates, which has signed a 10-year lease for 14,300 square feet; Stratford University, which will occupy 14,312 feet for eight years; and Ameriprise Financial, which will occupy 3,056 square feet, also for eight years.

The new leases are a welcome bit of news after a bumpy period for the REIT; in May First Potomac announced it would delay releasing its Q1 results after management determined there was a material weakness in the internal controls over financial reporting. Earlier this month, it announced that its CFO would be stepping down.

The REIT ultimately released its Q1 results on May 15th, which included a report of robust lease activity for the period. It executed 576,000 square feet of leases, generating 134,000 square feet of positive net absorption.