Corporate 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.
Corporate Office Properties announces full-building lease in Northern Virginia Corporate Office Properties has executed a full-building lease on a 240,000 square foot, Class A office development in Northern Virginia. The project has been leased to a customer in the company’s strategic tenant niche for a multi-year lease term. Shell construction is anticipated to be completed in mid-2016, with a lease start date anticipated in 2Q17.