COPT Defense Properties
CDP
$26.56
-$1.04-3.77%
Corporate Info
Website
Phone Number
443 285 5400
Address
6711 Columbia Gateway Drive
Suite 300
Columbia, MD 21046-2383
Suite 300
Columbia, MD 21046-2383
Country
United States
Year Founded
1988
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
427
Business Decription
COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (“USG”) defense installations and missions (referred to as its Defense/IT Portfolio). The Company’s tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of September 30, 2024, the Company’s Defense/IT Portfolio of 194 properties, including 24 owned through unconsolidated joint ventures, encompassed 22.2 million square feet and was 96.5% leased.