X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BETHESDA, MD-Continuing its streak of new and renewed leases, First Potomac has re-inked leases with a subsidiary of Iron Mountain Inc. Iron Mountain Information Management has renewed its space at 4451 Georgia Pacific Blvd. in Frederick, MD, and 403 Glenn Dr. in Sterling, VA., for a total of 190,000 sf.

John Dettleff of Grubb & Ellis represented the tenant in both transactions. First Potomac did not return a call to GlobeSt.com in time for deadline.

Both leases are for 10-year terms. In Frederick, the company is maintaining the 120,000 sf at the 170,000-sf industrial building, which is located off Route 85. In Sterling, it is occupying 70,000-sf at First Potomac’s Sterling Park Business Center, which includes five existing buildings totaling approximately 377,000 sf, and a recently completed 57,000 sf flex building. Developable land at the site can accommodate up to an additional 500,000 sf.

Recent leases First Potomac has inked include 750,000 sf with FedEx at 1920 Campostella Rd. in Chesapeake, VA., a 33,000-sf lease with Citicorp North America at 5301 Robin Hood Rd. in Norfolk Commerce Center II, and 76,000 sf—a full building—with Siemens at Ammendale Commerce Center property.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.