Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) has completed the disposition of 9900, 9910 and 9920 Franklin Square Drive in the White Marsh submarket of Greater Baltimore, Maryland, for $24 million, or approximately $180 per foot. The three previously held-for-sale properties contain roughly 134,000 rentable square feet that were 100% occupied at September 30, 2015. The Company will recognize gains on sale of $7 million in the fourth quarter of 2015. Company Information 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...
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