COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) has executed a long-term lease with a subsidiary of an investment-grade Fortune 500 company to deliver a 215,000-square-foot shell building on land the Company owns in Manassas, VA (“Bethlehem Technology Park”). The Company expects to deliver the building before the end of the third quarter in 2017.

Including this transaction, the Company has completed 786,000 square feet of development leasing, modestly exceeding its annual goal of 700,000 square feet.

Company Information
COPT is an office REIT that owns, manages, develops and selectively acquires office and data center properties primarily in locations that support United States Government agencies and their contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities servicing priority missions (“Defense/IT Locations”). We also own a complementary portfolio of Class-A office properties located in select urban/urban-like submarkets within our regional footprint (“Regional Office Properties”). As of September 30, 2016, we derived 86% of core portfolio annualized revenue from Defense/IT Locations and 14% from Regional Office Properties. As of September 30, 2016, our core portfolio of 146 office properties encompassed 15.9 million square feet and was 94.4% leased.