COPT Defense Properties Secures 236,000 Square Foot Build-to-Suit Lease in Maryland

Reuters
2026.01.15 21:16
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COPT Defense Properties has secured a build-to-suit lease for a 236,000 square foot facility in Maryland with a Defense/IT tenant. The company plans to invest $146 million in the project, with rent expected to start in Q3 2028. This deal highlights the strong demand for build-to-suit developments in COPT Defense's portfolio, following $277 million in new investment commitments made in 2025.