COPT Defense Acquires 202,000 Square Foot Building in Columbia, MD

COPT Defense Acquires 202,000 Square Foot Building in Columbia, MD

Business Wire

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COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“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. Stephen E. Budorick, COPT Defense’s President & Chief Executive Officer, commented “This acquisition solidif

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