Corporate Office Properties Trust (OFC) Tops Q2 FFO by 2c/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
COPT to Acquire Baltimore’s Transamerica Building
July 28, 2015 6:01 AM EDTCOLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (COPT or the Company) (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 three of which are Transamerica Life Insurance Company (28% of the building), Miles & Stockbridge (21%) and Ober | Kaler (17%). Located at the corner of Light and Pratt Streets Main & Main in the Pratt Street Corridor 100 Light is the tallest building in the state of... More
COPT Reports Second Quarter 2015 Results
July 28, 2015 6:00 AM EDTCOLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) announced financial and operating results for the second quarter ended June 30, 2015.
Second quarter results exceeded the high end of our guidance due to favorable NOI and the timing of our $300 million Senior Notes offering. For the year, FFO per share is on track to grow by 7.5%, stated Roger A. Waesche, Jr., COPTs President & Chief Executive Officer. During the quarter we opportunistically acquired a Class-A, Metro-served building for $81 million that is 100% leased to Strategic Tenants. The building is in an amenity-rich,... More
COPT Sells MITRE Building for $28 Million
July 27, 2015 4:01 PM EDTCOLUMBIA, Md.--(BUSINESS WIRE)-- Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) has completed the disposition of 1550 Westbranch Drive in McLean, Virginia, for $27.75 million. The building contains approximately 152,200 rentable square feet and is 100% leased to The MITRE Corporation until October 2016.
About Corporate Office Properties, L.P.
COPT is an office REIT that focuses primarily on serving the specialized requirements of U.S. Government agencies and defense contractors, most of which are engaged in defense information technology and national security-related activities. As of March 31, 2015, COPT derived... More
