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Article: Corporate Office Properties Trust Acquires 404,665 Square Foot Office Building.
- Article from:
- Business Wire
- Article date:
- June 3, 2003
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Business Editors
COLUMBIA, Md.--(BUSINESS WIRE)--June 3, 2003
Corporate Office Properties Trust (NYSE:OFC), the largest owner of commercial office properties in the Baltimore/Washington Corridor, announced today the $71.2 million acquisition of 13200 Woodland Park Drive, a 404,665 square foot Class A office building located in Herndon, Virginia.
The thirteen-story building is presently 100% leased by VeriSign, Inc., a provider of infrastructure services for the Internet and telecommunications networks. The acquisition was funded by the recent sale of 5,290,000 common shares of beneficial interest, which generated approximately $79.5 million in ...