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COPT Defense Provides an Update on Leasing Activity and Capital Commitments to New Investments

  • COPT Defense Properties provided updates on leasing and capital commitments ahead of the Evercore Real Estate Conference on September 10-11, 2026, & the BofA Global Real Estate Conference on September 15, 2026.
  • The Company executed 177,000 square feet of vacancy leasing in Q3 2026 & 408,000 square feet year-to-date, representing 102% of the initial 400,000 square foot target & 86% of the revised 475,000 square foot target.
  • In August, COPT executed a 75,000 square foot investment lease at 8500 Advanced Gateway in Huntsville, Alabama, bringing that 155,000 square foot property to 89% leased.
  • Year-to-date investment leasing totaled 490,000 square feet.
  • During Q3 2026, development commenced on two Redstone Gateway projects (RG 6300 & RG 2200) totaling 234,000 square feet with $88 million in capital commitments.
  • The Redstone Gateway operating portfolio of 2.4 million square feet remains 100% leased.
  • Year-to-date capital commitments to new investments reached $332 million, aligning with the revised guidance target.
  • As of June 30, 2026, COPT's Defense/IT Portfolio encompassed 23.3 million square feet across 202 properties & was 96.4% leased.