First Potomac Realty Reviews | Glassdoor

First Potomac Realty Reviews

Updated September 20, 2016
10 reviews

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3.4
Star Star Star Star Star
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Doug Donatelli
8 Ratings

Employee Reviews

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  1. "Great Employer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Bethesda, MD
    Former Employee - Administrative Assistant in Bethesda, MD
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at First Potomac Realty full-time (More than 3 years)

    Pros

    Great Benefits and Bonuses/Raises Annually

    Cons

    Lack of Communication Across Work Groups

    Advice to Management

    Listen to employees


  2. "Accounting Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounting Assistant in Bethesda, MD
    Former Employee - Accounting Assistant in Bethesda, MD
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at First Potomac Realty (More than a year)

    Pros

    Free Lunch and strong support from fellow accounting staff

    Cons

    Company going through downsizing and people are protective of their jobs. Upper management although acts like company culture is a intergal part of the company acts without regard to company employees.

    The company downsized from 120 office employees to 80 and still shrinking due to failed ploys to increase investor interest. Because of that they are trying to cut cost by decreasing staff and outsourcing jobs. The company sold many of their properties at deductions to raise cash flow.


  3. "Great People"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Excellent group of people in middle management positions and those handling day to day operations

    Cons

    Employee roles are constantly changing due to staff leaving, and there is a lack of training for new roles with current employees


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  5. "Asset Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Asset Manager
    Current Employee - Asset Manager
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Potomac Realty full-time (More than a year)

    Pros

    Good benefits package, good opportunity for advancement, good co-workers, weekly employee lunches

    Cons

    Some of middle management, salary,

    Advice to Management

    Continue offering solid benefits packages to your employees, they're appreciated


  6. "Good company, great stepping stone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great people and good support (in most departments); benefits are pretty solid; some enjoyable little perks like free lunches on Fridays; very personable colleagues

    Cons

    Somewhat stifling hierarchy leads to limited company and position-based growth; company is unwilling to take risks - approaches must have been vetted by other, larger real estate companies first; stagnation creates high turnover

    Advice to Management

    Be willing to take more calculated risks, embrace sustainability, find more forums to invite insightful comments from staff, especially property-level staff. Rely more on your base, and less on your VPs/C-suite.


  7. "Great benefits, not enough opportunities for career growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at First Potomac Realty full-time

    Pros

    First Potomac is a great company to work for. The benefits are above average and a common reason cited for why employees stay with the company.

    Cons

    There isn't much opportunity for career growth in all departments. The company culture seems to be shifting, though not necessarily negatively.


  8. "Good company, but still finding its footing"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Bethesda, MD
    Current Employee - Anonymous Employee in Bethesda, MD
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at First Potomac Realty full-time

    Pros

    A generally relaxed and open work environment. Senior management is accessible (huge plus). Benefits are good and include numerous opportunities to strengthen colleague relationships outside the office. Started as a family company and tries to maintain some of that culture.

    Cons

    Company is still undergoing lots of changes from top to bottom so future is not as clear.


  9. Helpful (1)

    "Awful place to work! Talk to administrative staff and get the truth."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Paralegal in Bethesda, MD
    Former Employee - Paralegal in Bethesda, MD
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at First Potomac Realty full-time (Less than a year)

    Pros

    Free coffee and free lunch on Fridays.

    Cons

    Clear line of demarcation between professional and administrative staff.
    Supervisor watched my every move. my cube was right outside her office.
    Racist environment amongst management and hr.

    Advice to Management

    Grow up, stop harassing employees.
    Offer better financial incentives to all employees.
    Train staff appropriately and establish clear hr policies.
    Provide sensitivity training to promote a culturally diverse work environment.


  10. "A fast growing Realty Trust in the DC/Maryland/Virginia Area"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Design Assistant in Bethesda, MD
    Former Employee - Design Assistant in Bethesda, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at First Potomac Realty full-time (More than a year)

    Pros

    First Potomac boasted a committed and hard working team. Everyone seemed to share a determination in reaching First Potomac's goals. Our hard work never went unrewarded or unnoticed and was reciprocated with fun team building events and department getaways.

    Cons

    First Potomac had several departments that functioned somewhat differently and had their own independent objectives. For instance, Leasing, Acquisitions, Construction, etc some times had somewhat conflicting end goals, and occasionally communication could break down amongst them. However, the company was always working to reconcile these differences and I did not see it as a deterrent for working their.

    Advice to Management

    I was at the bottom of the totem pole, yet I felt that there was ample opportunity for me to interact with upper management. Please keep up this tradition.


  11. "Great company. Great people."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Potomac Realty full-time (More than a year)

    Pros

    Hardworking but appreciate the importance of life/work balance.

    Cons

    I really have no complaints.