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Stock Market & Financial Investment News

News Breaks
January 7, 2014
07:19 EDTOFCCorporate Office Properties can generate strong returns, says Wells Fargo
Wells Fargo believes that investors are skeptical about Corporate Office because of its holdings in the DC area, but the firm says that only 20%-25% of its portfolio is directly impacted by the issues that plague metro DC. The firm keeps an Outperform rating on the shares.
News For OFC From The Last 14 Days
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August 14, 2014
08:13 EDTOFCCorporate Office Properties sells eight properties in White Marsh
Corporate Office Properties Trust has completed the disposition of eight operating properties previously held-for-sale in the White Marsh submarket of Greater Baltimore, Maryland. The properties sold in three separate transactions that had a combined value of $28.75M, generating net proceeds of $28M. The Mercantile Road and Campbell Boulevard buildings, respectively, were sold to a local redeveloper and a 1031-exchange buyer; the Franklin Square properties were purchased by an owner-occupier.

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