Post 200: Top D.C.-Area Businesses

Corporate Office Properties Trust / OFC

Corporate Office Properties Trust develops large office park properties. Shown above is the lobby of the company headquarters, which exemplifies its developments.

Corporate Office Properties Trust develops large office park properties. Shown above is the lobby of the company headquarters, which exemplifies its developments. (Photo: Courtesy of company.)

About Corporate Office Properties Trust

6711 Columbia Gateway Dr., Suite 300, Columbia, Md. 21046
www.copt.com | 443-285-5400 | Founded: 1988

Industry: Real Estate | Category: Public Companies

The real estate investment trust owns 259 properties with 19.4 million square feet of rentable space in the Washington area, New Jersey, Pennsylvania and Colorado. Corporate Office Properties Trust said that its shareholders fared better in 2008 than those of any other publicly traded office REIT and that it was prepared for the recession, focused on renting to the federal government and defense information-technology sectors.

President and CEO: Randall M. Griffin

2008 Financial Data

Revenues: $588,018,000 | Net Income: $159,188,000
Asssets: $3,112,867,000 | Earnings Per Share: $2.64
Stockholder Equity: $933,314,000 | Annual Dividend: $1.43
Total employees: 376 | Local employees: 39
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