COPT Defense (CDP) Keeps Leasing Ahead Of Its Own Targets
COPT Defense Properties (CDP) reported leasing 408,000 sq ft of space, exceeding its 400,000 sq ft target. It signed a 75,000 sq ft lease in Huntsville, Alabama. Funds from operations per share rose 4.4% YoY to $0.71. The company started two new projects totaling 234,000 sq ft. Tenant retention and renewal rents showed mixed results.


