FPO Industrial Portfolio
MID-ATLANTIC | 3,970,000 sq. ft.
*purchased while senior management team at First Potomac Realty Trust
Property Overview
- Collection of assets throughout the Mid-Atlantic ranging geographically from Frederick, MD to Norfolk, VA
- 15 Buildings totaling 3,970,000 SF
Acquisition Details
- Portfolio was assembled over a period of 13 years from December 1997 to December 2010
- Acquisitions were a combination of single asset and portfolio acquisitions
Execution
- Principals of DSC Partners handled the operation of the portfolio for the entire 13 year period
- Sold in June 2013 for $224M ($56psf)