Corporate Office Properties Trust (COPT) (NYSE: OFC) is an office real estate
investment trust (REIT) that owns, manages, develops and selectively acquires office
and data center properties 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 traditional Class-A office
properties located in select urban/urban-like submarkets within our regional footprint
(“Regional Office Properties”). As of March 31, 2016, we derived 86% of core portfolio annualized revenue from Defense/IT Locations and 14% from our Regional Office Properties. As of March 31, 2016, our core portfolio of 153 office properties encompassed 16.6 million square feet and was 93.3% leased.