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COPT sale raises questions for local commercial market
While the investor with a contract to develop an $800 million airport business park has put its entire 1.1 million-square-foot portfolio of Colorado Springs office properties on the market, it’s retaining its interest in developing the airport project — for now. Corporate Office Properties Trust, a Maryland-based real estate investment trust that specializes in office [...]
Maryland-based Corporate Office Properties Trust, a real estate investment firm, has put its entire Colorado Springs market portfolio up for sale. That’s 16 buildings and more than 1.1 million square feet of mostly Class-A office space. The publicly traded firm’s Colorado Springs holdings account for more than 10 percent of the 9.3 million square feet [...]
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