An unknown buyer acquired properties at 1560 A & B Cable Ranch Road, 1331 Ashton Road, 900 Elkridge Landing Road and Nottingham Ridge from Corporate Office Properties Trust.
January 03, 2017
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An unknown buyer acquired properties at 1560 A & B Cable Ranch Road, 1331 Ashton Road, 900 Elkridge Landing Road and Nottingham Ridge from Corporate Office Properties Trust (NYSE:OFC) during the fourth quarter ended December 31, 2016. Corporate Office Properties sold property at Nottingham Ridge for $12.2 million. Corporate Office Properties sold properties comprising properties at 1560 A & B Cable Ranch Road, 1331 Ashton Road, 900 Elkridge Landing Road and Nottingham Ridge for a combined value of $54.1 million.
An unknown buyer completed the acquisition of properties at 1560 A & B Cable Ranch Road, 1331 Ashton Road, 900 Elkridge Landing Road and Nottingham Ridge from Corporate Office Properties Trust (NYSE:OFC) during the fourth quarter ended December 31, 2016.
COPT Defense Properties is a fully integrated and self-managed real estate investment trust (REIT). It is focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key United States Government (USG) defense installations and missions (referred to as its Defense/IT Portfolio). Its tenants include the USG and their defense contractors, who are engaged in priority national security activities, and who require mission-critical and high security property enhancements. Its Defense/IT Portfolio segment consists of approximately 193 properties, including 24 owned through unconsolidated joint ventures, encompassed 22.0 million square feet. Its Defense/IT Portfolio sub-segments includes Fort George G. Meade and the Baltimore/Washington Corridor; Northern Virginia Defense/IT Locations; Lackland Air Force Base in San Antonio, Texas; locations serving the U.S. Navy; Redstone Arsenal in Huntsville, Alabama, and data center shells in Northern Virginia.
An unknown buyer acquired properties at 1560 A & B Cable Ranch Road, 1331 Ashton Road, 900 Elkridge Landing Road and Nottingham Ridge from Corporate Office Properties Trust.