Corporate Office Properties Trust (OFC) Company Bio
Corporate Office Properties Trust engages in the acquisition, development, ownership, management, and leasing of suburban office properties. The company was founded in 1988 and is based in Columbia, Maryland.
Corporate Office Properties Trust ("COPT" or the "Company") (NYSE: OFC) reports that on January 1, 2021, the fiscal year 2021 National Defense Authorization Act became law. The appropriation provides the Department of Defense ("DOD") with a base budget (before military construction and overseas contingency operations) of $629 billion, which is a 1% increase over fiscal year 2020’s budget and represents 4% compound annual growth since and including the fiscal 2017 budget. Importantly, the DOD’s appropriation received strong bipartisan support, ultimately passing the House of Representatives by a vote of 322-87 and the Senate by a vote of 81-13.
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the release date and conference call details for fourth quarter and year end 2020 results as follows: Fourth Quarter & Year End 2020: Results Release Date: Thursday, February 4, 2021 after the market closes Conference Call Date: Friday, February 5, 2021 Time: 12:00 p.m. Eastern Time Telephone Number: (within the U.S.) 855-463-9057
Corporate Office Properties Trust ("COPT" or the "Company") (NYSE: OFC) recently executed three leases totaling 460,000 square feet. In Northern Virginia, the Company completed long-term leases with a Fortune 500 company for two build-to-suit developments totaling 420,000 square feet on land the Company owns. Additionally, in Huntsville, AL, the Company leased 39,000 square feet to the U.S. Government at 100 Secured Gateway, which is now 100% leased.
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