COPT Executes Agreement with New 3.1 MW User at DC-6
Corporate Office Properties Trust (OFC)
Last corporate office properties trust earnings: 4/30 05:22 pm
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US:NYSE Investor Relations:
investors.copt.com
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Source: Business Wire
COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) has executed an agreement with a U.S. Government contractor for 3.1 megawatts (“MW”) at its wholesale data center in Manassas, Virginia (“DC-6”), effectively back-filling that facility’s recent small-tenant contractions with a single, high-credit user. The new user signed a five-year agreement with one, five-year extension option, and expects to fully commence operations from DC-6 in the fourth quarter of 2020.About COPT COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing what it believes are growing, durable, priority missions (“Defense/IT Locations”). The Company also owns a portfolio of office
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