COPT leases 58,000 sq ft at The National Business Park
Corporate Office Properties Trust (COPT) has signed a lease with a strategic tenant for 58,000 square feet in The National Business Park (NBP) in Maryland.
The tenant leased the final two floors at 410 NBP and plans to occupy the property in the third quarter of 2013.
As of 30 September 2012, the property was 48 per cent leased; accounting for this transaction, the property is now 100 per cent leased.
“Excluding two buildings on which we recently broke ground, NBP was 97.6 per cent leased at year-end 2012, and is now 99.4 per cent leased,” says Roger A Waesche, Jr (pictured), COPT’s president and chief executive officer.