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COPT Defense Executes Two Investment Leases in Redstone Gateway Totaling 55,000 SF, Bringing Total Portfolio Year-to-Date Investment Leasing to 103,000 SF

1. COPT Defense Properties signed two investment leases totaling 55,000 square feet. 2. Year-to-date leasing reaches 103,000 square feet, 79% of the property is leased.

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FAQ

Why Bullish?

Increased leasing activity, especially with the DoD, strengthens CDP's revenue potential. Historical trends show similar asset expansions led to price increases.

How important is it?

Growth in leased space signals operational success, attracting investors and impacting stock price positively.

Why Short Term?

Immediate revenue boost from new leases likely to reflect in short-term financial results.

Related Companies

COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) has executed two investment leases in Redstone Gateway totaling 55,000 square feet, bringing the total portfolio year-to-date investment leasing to 103,000 square feet. In the first quarter of 2025, the Company signed a lease with the U.S. Department of Defense for 40,800 square feet at 8100 Rideout Road. With this transaction, the property is now 79% leased, with only 27,000 square feet of rem.

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