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CORP OFFICE PPTY, (OFC) Stock Research Free Stock Rating
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Corporate Office Properties Trust, through its operating partnership with Corporate Office Properties, L.P., operates as a real estate investment trust (REIT). It engages in the ownership, management, lease, acquisition, and development of suburban office properties located in the mid-Atlantic region of the United States. As of June 30, 2004, the company owned 132 office properties, including 2 properties owned through joint ventures. Corporate Office Properties Trust, as a REIT, would not be subject to federal income tax, provided it distributes atleast 90% of its taxable income to its shareholders. The company was formed in 1988 as Royale Investments, Inc. It changed its name to Corporate Office Properties Trust in 1998. The company is based in Columbia, Maryland.
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