COPT Signs Leases for Three Full Buildings at Redstone Gateway
Corporate Office Properties Trust has executed three leases with strategic tenants totaling 363,300 square feet of Class A office space. A strategic tenant has leased the Company’s existing office building, 1000 Redstone Gateway, in its entirety. In addition, multiple leases have been signed for 100% of two new office buildings totaling 242,200 square feet; construction of 1100 Redstone Gateway and 1200 Redstone Gateway is scheduled to commence prior to year end. COPT anticipates the tenants will occupy 1000 Redstone Gateway in mid-2013 and the 1100 and 1200 Redstone Gateway buildings by the first quarter of 2014.