First Potomac Realty expands unsecured revolving credit line to $225 million from $175 million

First Potomac Realty expands credit line to $225M

BETHESDA, Md. — First Potomac Realty Trust said Wednesday it’s expanded its unsecured revolving credit facility to $225 million from $175 million.

The real estate investment trust said the expansion enhances its capital position and provides more financial flexibility to take advantage of market opportunities.

The facility also added two new lenders, US Bank and TD Bank.

Shares of the REIT rose 66 cents, or 4.6 percent, to end Wednesday at $15.01.