First Potomac Realty Trust announced today that Eska Graphic Board (Eska) has renewed its lease for 152,600 square feet at Diamond Hill Distribution Center in Chesapeake, Virginia. Eska has been a tenant in the Southern Virginia portfolio since 2001 and this recent commitment extends their tenancy at the park until 2014.
“We are very pleased that Eska has extended their lease at our Diamond Hill facility,” said Tony Beck, Regional Vice President for Southern Virginia. “This extension addresses the largest 2009 expiration in our Southern Virginia portfolio and reinforces the partnership between First Potomac Realty Trust and Eska Graphic Board.”
Diamond Hill is located in Chesapeake, Virginia, and includes four industrial buildings totaling 712,500 square feet. The property is located just off Interstate 64, approximately six miles from Portsmouth Marine Terminals (PMT), nine miles from Norfolk International Terminals (NIT), and 11 miles from Maersk/APM (A.P. Moller-Maersk) Terminal.
“We take great comfort in knowing that First Potomac will always provide us with the best landlord services possible,” said Henry Timmermans, Managing Director for Eska Graphic Board USA B.V. “We know that by renewing our lease at Diamond Hill we have made the right landlord choice for a long, successful future.”
About First Potomac Realty Trust
First Potomac Realty Trust is a self-administered, self-managed real estate investment trust that focuses on owning, developing, redeveloping and operating industrial properties and business parks in the Washington, D.C. metropolitan area and other major markets in Virginia and Maryland. The Company's portfolio totals approximately 12 million square feet. The Company's largest tenant is the U.S. Government, which, along with government contractors, accounts for approximately 20% of the Company’s revenue. For more information, please visit us at www.first-potomac.com.
About Eska Graphic Board
Eska Graphic Board is a producer and supplier of top quality graphic board for hardcover books, files, ringbinders, diaries, albums, games, puzzles, displays and showcards and has a leading position worldwide in the graphic board market. For more information, visit www.eskagraphicboard.com.