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COPT Defense Executes Full Building Lease with Top 10 U.S. Defense Contractor at 400 National Business Parkway

  • COPT Defense Properties executed a 148,000 square foot lease with a top 10 U.S. defense contractor at 400 National Business Parkway in Annapolis Junction, Maryland.
  • The lease term is nearly 11 years & is expected to commence in the fourth quarter of 2026.
  • This transaction brings the company's 882,000 square foot development pipeline to 86% leased.
  • COPT Defense is an S&P MidCap 400 self-managed REIT focused on properties near U.S. government defense installations.
  • As of September 30, 2025, the company's Defense/IT Portfolio of 198 properties encompassed 22.6 million square feet & was 97.0% leased.
  • The press release includes forward-looking statements subject to risks & uncertainties outlined in the company's 2024 Form 10-K.