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Stock Market & Financial Investment News

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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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