Thursday, May 19, 2016

COPT to take a gamble on the University of Maryland

Demand for office space in suburban Maryland and Northern Virginia is still struggling to rebound to pre-recession levels, but at least one area developer is rolling the dice that the tenants will come if you build it first. Columbia-based Corporate Office Properties Trust (NYSE: OFC) plans to break ground speculatively on a 75,000-square-foot office building at the University of Maryland’s 126-acre research park. The park, called M Square, is already home the National Oceanic and Atmospheric Administration,…



from http://www.bizjournals.com/baltimore/news/2016/05/19/copt-to-take-a-gamble-on-the-university-of.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/144615340562

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