Corporate Office Properties Trust, or COPT, was founded in 1988 in Columbia, Maryland. The business operates a real estate investment trust which invests in buildings in and around Washington, D.C., and leases them to the federal government.
As of the end of 2019, COPT owned 148 office buildings and 22 single-tenant data centers, totaling more than 19 million square feet of usable space.
The company’s largest tenants include General Dynamics, AT&T, Wells Fargo, and Boeing, among others.
In January 2022, COPT sold one building, DC-6, for $222.5 million to Cloud Capital.
COPT is traded on the NYSE under the ticker symbol OFC. In November 2022, Moody’s downgraded the company’s rating despite the fact that third-quarter profits were reported as higher than expected. ]
Corporate Office Properties Trust maintains a corporate office in Columbia, Maryland.