COPT to Acquire Baltimore’s Transamerica Building

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Go back to COPT to Acquire Baltimore’s Transamerica Building

Corporate Office Properties Trust (OFC) to Acquire Transamerica Building in Baltimore for $121M

July 28, 2015 6:26 AM EDT

Corporate Office Properties Trust (NYSE: OFC) has agreed to acquire 100 Light Street and its 560-space structured parking garage, 30 Light Street (together, 100 Light or the Transamerica Building) in downtown Baltimore for $121.0 million. The 37-story office building contains 549,300 rentable square feet and, at June 30, 2015, was 94% leased to credit-worthy tenants, the largest... More

Corporate Office Properties Trust (OFC) Tops Q2 FFO by 2c/Share

July 28, 2015 6:25 AM EDT

Corporate Office Properties Trust (NYSE: OFC) reported Q2 FFO of $0.52, $0.02 better than the analyst estimate of $0.50. Revenue for the quarter came in at $170.4 million versus the consensus estimate of $104.27 million.

Corporate Office Properties Trust sees Q3 2015 FFO of $0.51 - $0.53, versus the consensus of... More