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Public Relations Firm Vocus Inks a 10-Year Lease Agreement for a New 93,000 SF H.Q. Building in Beltsville, MD

April 8, 2010

Washington, D.C.,April 8, 2010 – After out-growing their former offices in a three-building campus at 4926 Forbes Avenue in Lanham, MD, Vocus will relocate to 12051 Indian Creek Court, Beltsville, MD, part of a four-building complex developed by First Potomac in 2006, it was announced today.

Founded in 1991, Vocus is a publicly-traded provider of on-demand software solutions and social media for public relations and corporate communications departments. With four domestic and international locations the company has been named to several lists of the fastest growing technology companies in 2009, including Forbes’ list of America’s 25 Fastest-Growing Tech Companies, the Washington Business Journal’s 50 Fastest Growing Companies, and Deloitte’s Technology Fast 500. Vocus services more than 4,000 clients worldwide.

With multiple leases set to expire, Vocus desired a consolidation of its satellite office and warehousing functions into a desirable new Headquarters location. UGL Equis Senior Vice President Brian Liss in the Company’s Washington D.C. office was hired by Vocus to identify an optimal mixed-use location blending office and industrial space. From the early site selection phase through the signing of the final lease agreement Vocus was most interested in securing a higher image building to satisfy current staffing needs and future growth opportunities.

After a careful market survey and demographic analysis, Mr. Liss identified the First Potomac development within the Beltsville Industrial submarket. The location provides direct access to I-95 in the northern end of Prince Georges County and satisfied all client requirements. A generous tenant improvement package was secured for Vocus and a 10-year lease agreement was finalized with Leasing Representatives Jeb Boland and Michele Salvino of First Potomac Realty Trust.

“We were able to meet and exceed all of Vocus’ expectations, while also negotiating good incentives and an aggressive rate,” commented Brian Liss. “The challenge in a tough economy is accommodating today’s needs while maintaining flexibility for the future.”

The final terms of the agreement were not divulged.

About UGL Equis Corporation
UGL Equis is a corporate real estate firm that focuses exclusively on the business space user. The company has more than 42,000 affiliated employees in 14 countries around the world through its parent company UGL. Chicago-based UGL Equis provides comprehensive real estate solutions through portfolio strategy and management, transaction advisory, corporate finance, project services, workplace integration, data management, facility management, development management and audit and recovery services for national and global companies with office, industrial and retail opportunities throughout the United States, Mexico, Asia Pacific, Europe and the Middle East. UGL Equis and its sister company UGL Unicco, are subsidiaries of UGL Limited (ASX: UGL). For additional information, please visit www.ugl-equis.com.

For further information, please contact:

Brian Liss – UGL Equis: 202.280.6982 or Brian.Liss@ugl-equis.com
Richard Lindberg – UGL Equis: 312.424.8172 or Richard.lindberg@ugl-equis.com



For more information contact:

Richard Lindberg
Assistant Vice President
161 N. Clark St., Suite 2400
Chicago, Illinois 60601
312-424-8172
Richard.Lindberg@ugl-equis.com

 

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