Corporate Office Properties Trust (OFC) Tops Q1 FFOPS by 2c/Share

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Go back to Corporate Office Properties Trust (OFC) Tops Q1 FFOPS by 2c/Share

COPT Reports First Quarter 2015 Results

April 28, 2015 6:00 AM EDT

COLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) announced financial and operating results for the first quarter ended March 31, 2015.

First quarter results were in line with our guidance, despite having to absorb heavier than expected weather-related expenses, stated Roger A. Waesche, Jr., COPTs President & Chief Executive Officer. During the quarter we placed into service 550,000 square feet of fully leased development projects that were primarily leased to customers in our Strategic Tenant Niche, stabilized COPT DC-6, our wholesale data center in Manassas, Virginia, with an 11.25 mega watt lease and... More