COPT Defense Executes 48,000 SF Lease with a Top 10 U.S. Defense Contractor at Franklin Center in Columbia Gateway
COPT Defense Properties (NYSE: CDP) has secured a significant 10-year lease agreement with a leading U.S. Defense Contractor for 48,100 square feet at Franklin Center in Columbia Gateway. This strategic lease brings Franklin Center's occupancy to 80%, with 41,000 square feet still available.
The transaction strengthens CDP's Columbia Gateway portfolio, which now boasts a 92.0% occupancy rate across its 2.5 million square feet, with only 200,000 square feet remaining available. As an S&P MidCap 400 Company, COPT Defense specializes in properties near key U.S. Government defense installations.
The Company's Defense/IT Portfolio comprises 195 properties, including 24 owned through unconsolidated joint ventures, totaling 22.4 million square feet with a remarkable 96.8% lease rate as of December 31, 2024. Their tenant base primarily consists of the U.S. Government and defense contractors engaged in critical national security activities.
COPT Defense Properties (NYSE: CDP) ha stipulato un importante contratto di locazione di 10 anni con un importante appaltatore della difesa statunitense per 48.100 piedi quadrati presso il Franklin Center a Columbia Gateway. Questo contratto strategico porta l'occupazione del Franklin Center all'80%, con 41.000 piedi quadrati ancora disponibili.
La transazione rafforza il portafoglio di Columbia Gateway di CDP, che ora vanta un tasso di occupazione del 92,0% su un totale di 2,5 milioni di piedi quadrati, con solo 200.000 piedi quadrati ancora disponibili. In quanto azienda dell'S&P MidCap 400, COPT Defense si specializza in proprietà vicino a importanti installazioni di difesa del governo statunitense.
Il Portafoglio Difesa/IT dell'azienda comprende 195 proprietà, di cui 24 possedute attraverso joint venture non consolidate, per un totale di 22,4 milioni di piedi quadrati con un notevole tasso di locazione del 96,8% al 31 dicembre 2024. La loro base di inquilini è costituita principalmente dal governo degli Stati Uniti e da appaltatori della difesa impegnati in attività critiche per la sicurezza nazionale.
COPT Defense Properties (NYSE: CDP) ha asegurado un importante contrato de arrendamiento de 10 años con un destacado contratista de defensa de EE. UU. para 48,100 pies cuadrados en Franklin Center en Columbia Gateway. Este arrendamiento estratégico lleva la ocupación de Franklin Center al 80%, con 41,000 pies cuadrados aún disponibles.
La transacción fortalece el portafolio de Columbia Gateway de CDP, que ahora cuenta con una tasa de ocupación del 92,0% en sus 2.5 millones de pies cuadrados, con solo 200,000 pies cuadrados restantes disponibles. Como empresa del S&P MidCap 400, COPT Defense se especializa en propiedades cerca de instalaciones clave de defensa del gobierno de EE. UU.
El Portafolio de Defensa/IT de la compañía comprende 195 propiedades, incluidas 24 poseídas a través de joint ventures no consolidadas, totalizando 22.4 millones de pies cuadrados con una notable tasa de arrendamiento del 96,8% a partir del 31 de diciembre de 2024. Su base de inquilinos consiste principalmente en el gobierno de EE. UU. y contratistas de defensa involucrados en actividades críticas de seguridad nacional.
COPT Defense Properties (NYSE: CDP)는 콜롬비아 게이트웨이의 프랭클린 센터에서 48,100 평방피트에 대해 미국의 주요 방산 계약자와 10년 임대 계약을 체결했습니다. 이 전략적 임대는 프랭클린 센터의 점유율을 80%로 끌어올리며, 여전히 41,000 평방피트가 남아 있습니다.
이번 거래는 CDP의 콜롬비아 게이트웨이 포트폴리오를 강화하며, 현재 250만 평방피트에서 92.0%의 점유율을 자랑하고 있으며, 20만 평방피트만 남아 있습니다. S&P MidCap 400 기업으로서 COPT Defense는 미국 정부의 주요 방산 시설 근처에 있는 부동산을 전문으로 합니다.
회사의 방위/IT 포트폴리오는 195개의 부동산으로 구성되어 있으며, 그 중 24개는 비통합 합작 투자로 소유되어 있으며, 총 2240만 평방피트에 대해 2024년 12월 31일 기준으로 96.8%의 임대율을 기록하고 있습니다. 그들의 세입자 기반은 주로 미국 정부와 국가 안보 활동에 참여하는 방산 계약자로 구성되어 있습니다.
COPT Defense Properties (NYSE: CDP) a signé un important contrat de location de 10 ans avec un grand entrepreneur de défense américain pour 48 100 pieds carrés au Franklin Center à Columbia Gateway. Ce contrat stratégique porte le taux d'occupation du Franklin Center à 80 %, avec 41 000 pieds carrés encore disponibles.
Cette transaction renforce le portefeuille de Columbia Gateway de CDP, qui affiche désormais un taux d'occupation de 92,0 % sur ses 2,5 millions de pieds carrés, avec seulement 200 000 pieds carrés restants disponibles. En tant qu'entreprise du S&P MidCap 400, COPT Defense se spécialise dans les propriétés situées à proximité des installations de défense clés du gouvernement américain.
Le Portefeuille Défense/IT de l'entreprise comprend 195 propriétés, dont 24 sont détenues par le biais de coentreprises non consolidées, totalisant 22,4 millions de pieds carrés avec un taux de location remarquable de 96,8 % au 31 décembre 2024. Leur base de locataires est principalement constituée du gouvernement américain et des entrepreneurs de défense engagés dans des activités critiques de sécurité nationale.
COPT Defense Properties (NYSE: CDP) hat einen bedeutenden 10-jährigen Mietvertrag mit einem führenden US-Verteidigungsauftragnehmer über 48.100 Quadratfuß im Franklin Center in Columbia Gateway gesichert. Diese strategische Mietvereinbarung erhöht die Belegung des Franklin Centers auf 80%, wobei noch 41.000 Quadratfuß verfügbar sind.
Die Transaktion stärkt das Columbia Gateway-Portfolio von CDP, das nun eine Belegungsrate von 92,0% über 2,5 Millionen Quadratfuß aufweist, wobei nur noch 200.000 Quadratfuß verfügbar sind. Als Unternehmen im S&P MidCap 400 spezialisiert sich COPT Defense auf Immobilien in der Nähe wichtiger US-Regierungsverteidigungsanlagen.
Das Verteidigungs-/IT-Portfolio des Unternehmens umfasst 195 Immobilien, darunter 24, die über nicht konsolidierte Joint Ventures gehalten werden, mit insgesamt 22,4 Millionen Quadratfuß und einer bemerkenswerten Vermietungsquote von 96,8% zum 31. Dezember 2024. Ihre Mieterschaft besteht hauptsächlich aus der US-Regierung und Verteidigungsauftragnehmern, die an kritischen nationalen Sicherheitsaktivitäten beteiligt sind.
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With this transaction, Franklin Center is now
Overall, the Company’s 2.5 million square foot Columbia Gateway portfolio is now
About COPT Defense
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
Forward-Looking Information
This press release may contain “forward-looking” statements, as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, that are based on the Company’s current expectations, estimates and projections about future events and financial trends affecting the Company. Forward-looking statements can be identified by the use of words such as “may,” “will,” “should,” “could,” “believe,” “anticipate,” “expect,” “estimate,” “plan” or other comparable terminology. Forward-looking statements are inherently subject to risks and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate. Although the Company believes that the expectations, estimates and projections reflected in such forward-looking statements are based on reasonable assumptions at the time made, the Company can give no assurance that these expectations, estimates and projections will be achieved. Future events and actual results may differ materially from those discussed in the forward-looking statements and the Company undertakes no obligation to update or supplement any forward-looking statements.
The areas of risk that may affect these expectations, estimates and projections include, but are not limited to, those risks described in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.
Source: COPT Defense Properties
View source version on businesswire.com: https://www.businesswire.com/news/home/20250303936179/en/
IR Contacts:
Venkat Kommineni, CFA
443.285.5587
venkat.kommineni@copt.com
Michelle Layne
443.285.5452
michelle.layne@copt.com
Source: COPT Defense Properties
FAQ
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