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REIT COPT planning 1.5 million sqft of new data centre, office space in 2022

The company’s core portfolio of 184 operating office and data centre shell properties was 92.6% occupied and 94.4% leased at the end of 2021.

By João Marques Lima

Founder and Editor, The Tech Capital

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February 15, 2022 | 1:00 AM GMT

REIT COPT planning 1.5 million sqft of new data centre, office space in 2022

Stephen E. Budorick, COPT’s President & Chief Executive Officer. Source: COPT

The Tech Capital

Data centre and office real estate investment trust (REIT) Corporate Office Properties Trust (NYSE: OFC) said in its guidance for 2022 that it intends to develop 1.5 million sqft for leasing this year.

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João Marques Lima

Founder and Editor, The Tech Capital

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