COPT Defense Properties Signs 10-Year Lease with US Defense Contractor

MT Newswires Live

2025/03/03

COPT Defense Properties (CDP) said Monday it signed a 10-year lease with a US defense contractor for 48,100 square feet at Benjamin Franklin Drive in Columbia Gateway, Maryland.

Financial terms were not provided.

The company said the lease brings Franklin Center to 80% occupancy, leaving 41,000 square feet available.

Across its 2.5 million square-foot Columbia Gateway portfolio, COPT Defense Properties has leased 92% of the space, with 200,000 square feet still available, the company added.

Price: 27.08, Change: +0.04, Percent Change: +0.17

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