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Articles from COPT Defense Properties

COPT Defense Establishes 2025 Guidance
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) is establishing the following guidance for the year ending December 31, 2025:
By COPT Defense Properties · Via Business Wire · February 6, 2025
COPT Defense Reports Strong Full Year 2024 Results
COPT Defense Properties (“COPT Defense” or the “Company”) (NYSECDP) announced results for the fourth quarter and full year ended December 31, 2024.
By COPT Defense Properties · Via Business Wire · February 6, 2025
COPT Defense Announces Tax Treatment of 2024 Distributions
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced the 2024 tax treatment of its common share distributions as described below. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of COPT Defense common share distributions.
By COPT Defense Properties · Via Business Wire · January 22, 2025
COPT Defense Provides Conference Call Details to Discuss 4Q and YE 2024 Results and Management’s 2025 Outlook
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss fourth quarter and year end 2024 results and guidance for 2025.
By COPT Defense Properties · Via Business Wire · January 8, 2025
COPT Defense Declares Fourth Quarter 2024 Common Dividend
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the fourth quarter ending December 31, 2024. The fourth quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on January 15, 2025, to shareholders of record on December 31, 2024.
By COPT Defense Properties · Via Business Wire · November 14, 2024
COPT Defense Reports Strong Third Quarter 2024 Results
COPT Defense Properties (“COPT Defense” or the “Company”) (NYSECDP) announced results for the third quarter ended September 30, 2024.
By COPT Defense Properties · Via Business Wire · October 28, 2024
COPT Defense Acquires Land for Data Center Shell Development near Des Moines, IA and an 80,000 Square Foot Building in San Antonio, TX
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) acquired a 365-acre land parcel near Des Moines, Iowa in late September for $32 million to expand its data center shell program. The existing zoning on the land allows for data center development and initial plans indicate that the site can accommodate approximately 3.3 million square feet of development, supported by an estimated 1 gigawatt of power capacity.
By COPT Defense Properties · Via Business Wire · October 28, 2024
COPT Defense Provides Conference Call Details to Discuss 3Q 2024 Results
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss third quarter 2024 results.
By COPT Defense Properties · Via Business Wire · October 3, 2024
COPT Defense to Present at the BofA Securities 2024 Global Real Estate Conference
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced that its President and CEO, Stephen E. Budorick, will provide an overview of the Company and participate in a question and answer session at the BofA Securities 2024 Global Real Estate Conference. The presentation will be held on Wednesday, September 11, 2024 at 3:45 p.m. Eastern Time.
By COPT Defense Properties · Via Business Wire · September 4, 2024
COPT Defense Declares Third Quarter 2024 Common Dividend
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the third quarter ending September 30, 2024. The third quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on October 17, 2024, to shareholders of record on September 30, 2024.
By COPT Defense Properties · Via Business Wire · August 8, 2024
COPT Defense Reports Strong Second Quarter 2024 Results
COPT Defense Properties (“COPT Defense” or the “Company”) (NYSECDP) announced results for the second quarter ended June 30, 2024.
By COPT Defense Properties · Via Business Wire · July 29, 2024
COPT Defense Provides Conference Call Details to Discuss 2Q 2024 Results
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss second quarter 2024 results.
By COPT Defense Properties · Via Business Wire · July 3, 2024
COPT Defense to Present at Nareit’s REITweek: 2024 Investor Conference
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company and participate in a question and answer session at Nareit’s REITweek: 2024 Investor Conference. The presentation will be held on June 5, 2024 at 10:15 a.m. Eastern Time at the New York Hilton Midtown in New York, NY.
By COPT Defense Properties · Via Business Wire · May 29, 2024
COPT Defense Declares Second Quarter 2024 Common Dividend
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the second quarter ending June 30, 2024. The second quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on July 17, 2024, to shareholders of record on June 28, 2024.
By COPT Defense Properties · Via Business Wire · May 9, 2024
COPT Defense Acquires 202,000 Square Foot Building in Columbia, MD
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced the acquisition of a 202,000 square foot Class A building, located in Columbia Gateway at 6841 Benjamin Franklin Drive in Columbia, Maryland, for $15 million. The 7-story LEED Gold Certified building was constructed in 2008 and is 56% leased to a leading defense contractor.
By COPT Defense Properties · Via Business Wire · April 25, 2024
COPT Defense Reports First Quarter 2024 Results
COPT Defense Properties (“COPT Defense” or the “Company”) (NYSECDP) announced results for the first quarter ended March 31, 2024.
By COPT Defense Properties · Via Business Wire · April 25, 2024
COPT Defense Provides Conference Call Details to Discuss 1Q 2024 Results
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss first quarter 2024 results.
By COPT Defense Properties · Via Business Wire · April 3, 2024
COPT Defense to Present at Citi’s 2024 Global Property CEO Conference
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced that its President & CEO, Stephen E. Budorick, will provide an overview of the Company and participate in a question and answer session at Citi’s 2024 Global Property CEO Conference. The presentation will be held on March 4, 2024 at 11:40 a.m. Eastern Time at The Diplomat Resort & Spa in Hollywood, Florida.
By COPT Defense Properties · Via Business Wire · February 29, 2024
COPT Defense Increases Quarterly Dividend by 3.5%
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the first quarter ending March 31, 2024. This represents an increase of 3.5%, or $0.01 per share, over the most recent quarterly dividend of $0.285. The first quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on April 17, 2024, to shareholders of record on March 29, 2024.
By COPT Defense Properties · Via Business Wire · February 22, 2024
COPT Defense Establishes 2024 Guidance
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) is establishing the following guidance for the year ending December 31, 2024:
By COPT Defense Properties · Via Business Wire · February 8, 2024
COPT Defense Reports Full Year 2023 Results
COPT Defense Properties (“COPT Defense” or the “Company”) (NYSECDP) announced results for the fourth quarter and full year ended December 31, 2023.
By COPT Defense Properties · Via Business Wire · February 8, 2024
COPT Defense Announces Tax Treatment of 2023 Distributions
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced the 2023 tax treatment of its common share distributions as described below. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of COPT Defense common share distributions.
By COPT Defense Properties · Via Business Wire · January 23, 2024
COPT Defense Exceeds Development Leasing Guidance and Vacancy Leasing Target in 2023
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) executed a long-term lease with a Fortune 100 company for a 225,000 square foot, build-to-suit development in Northern Virginia in the fourth quarter of 2023. The facility is scheduled for shell completion in the fourth quarter of 2025. Also in the quarter, the Company executed a 26,500 square foot lease with a leading defense contractor at the 8100 Rideout Road development in Huntsville, Alabama, bringing the property to 42% leased and further strengthening the Company’s relationship with a top 10 tenant.
By COPT Defense Properties · Via Business Wire · January 11, 2024
COPT Defense Provides Conference Call Details to Discuss 4Q and YE 2023 Results and Management’s 2024 Outlook
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss fourth quarter and year end 2023 results and guidance for 2024.
By COPT Defense Properties · Via Business Wire · January 9, 2024
Robert Denton Elected as Chairman of the Board of Trustees
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced that its Board of Trustees elected Robert L. Denton, Sr. to serve as Chairman of the Board, effective January 1, 2024. Mr. Denton has served as an Independent Trustee of the Company since 1999 and is currently the Chairman of the Nominating and Corporate Governance Committee. Thomas F. Brady resigned as Chairman of the Board, effective December 31, 2023, but remains on the Board.
By COPT Defense Properties · Via Business Wire · January 5, 2024
COPT Defense Appoints Britt A. Snider as Chief Operating Officer
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announces the appointment of Britt A. Snider as Executive Vice President and Chief Operating Officer, effective December 1, 2023. Mr. Snider is an established commercial real estate executive with nearly 20 years of experience in development, asset management, property management and leasing, corporate operations, and corporate strategy.
By COPT Defense Properties · Via Business Wire · November 13, 2023
COPT Defense Declares Fourth Quarter 2023 Common Dividend
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.285 per common share for the fourth quarter ending December 31, 2023. The fourth quarter 2023 dividend represents an annualized amount of $1.14 per share and is payable on January 18, 2024, to shareholders of record on December 29, 2023.
By COPT Defense Properties · Via Business Wire · November 9, 2023
COPT Defense Reports Third Quarter 2023 Results
COPT Defense Properties (“COPT Defense” or the “Company”) (NYSECDP) announced results for the third quarter ended September 30, 2023.
By COPT Defense Properties · Via Business Wire · October 26, 2023
COPT Defense Provides Conference Call Details to Discuss 3Q 2023 Results along with Investor Day Materials
COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announces the release date and conference call details in which management will discuss third quarter 2023 results and announces the posting of its 2023 Investor Day materials.
By COPT Defense Properties · Via Business Wire · October 12, 2023