Welcome to our dedicated page for Copt Defense Properties news (Ticker: CDP), a resource for investors and traders seeking the latest updates and insights on Copt Defense Properties stock.
COPT Defense Properties reports on the operating performance of a self-managed real estate investment trust focused on properties near, and in some cases containing, key U.S. Government defense installations and missions. Its Defense/IT Portfolio serves U.S. Government tenants and defense contractors that often require mission-critical and high-security property enhancements.
Recurring CDP news includes FFO and earnings releases, leasing activity, tenant retention, occupancy and leased-rate trends, development commitments, land and property investments, financing activity, dividend declarations, distribution tax treatment, annual guidance and investor conference presentations. Company updates frequently tie portfolio growth to locations such as The National Business Park, Redstone Gateway, Northern Virginia defense and IT locations, Lackland Air Force Base and Navy-support facilities.
COPT Defense (NYSE: CDP) announced the passing of former CEO and trustee Roger A. Waesche, Jr., who served the company for over 30 years and led as CEO from 2011–2016. He originated the Strategic Reallocation Program that concentrated the portfolio in the Defense/IT sector, reduced leverage and helped secure an investment‑grade credit rating. As of Sept 30, 2025 the Defense/IT Portfolio totaled 198 properties (22.6M sq ft) and was 97.0% leased. Mr. Waesche is remembered for his leadership, mentorship and long service to the company.
COPT Defense (NYSE: CDP) executed a build-to-suit lease in December 2025 for a 132,000 sq ft high-security facility in San Antonio with an anticipated $88 million capital commitment; construction is expected to begin in Q3 2026 and rent commencement is expected in Q4 2027. In 2025 the company committed $277 million to five new Defense/IT investments totaling 640,000 sq ft, exceeding its increased guidance range of $225–$275 million. As of Sept 30, 2025, the Defense/IT Portfolio totaled 22.6 million sq ft and was 97.0% leased.
COPT Defense (NYSE: CDP) completed 557,000 square feet of vacancy leasing in 2025 with a weighted-average lease term of about 7.5 years, exceeding the company’s initial target by nearly 40%. Targets were raised from 400,000 to 450,000 and then to 500,000 square feet during 2025; actual leasing exceeded the third-quarter projection by 57,000 sq ft (11%). The activity represented 47% of unleased space at the start of 2025. Leasing included 424,000 sq ft in the Defense/IT Portfolio and 125,000 sq ft in Other (the highest Other-segment level in over a decade). As of Sept 30, 2025 the Defense/IT Portfolio totaled 22.6 million sq ft and was 97.0% leased.
COPT Defense (NYSE: CDP) will release fourth-quarter and year-end 2025 results on Thursday, February 5, 2026 after market close, and management will discuss results and provide 2026 outlook on a conference call on Friday, February 6, 2026 at 12:00 p.m. Eastern.
Participants must register to receive dial-in details; a live webcast and an immediate replay will be available in the News & Events – IR Calendar on the company’s investor website. Key portfolio facts as of September 30, 2025: 198 properties (24 in unconsolidated joint ventures), 22.6 million square feet, and 97.0% leased.
COPT Defense (NYSE: CDP) executed a December 2025 build-to-suit lease with the University of Maryland Applied Research Laboratory for Intelligence and Security (ARLIS) for a 110,000 sq ft, four-story Class A office at 4400 River Road in College Park.
Construction is expected to start in Q1 2026 with shell completion targeted in Q2 2027. The company anticipates a $65 million capital commitment. This is COPT Defense’s fifth project in the UMD Discovery District, which now totals ~415,000 sq ft and is 99.8% leased.
COPT Defense (NYSE: CDP) announced a regular quarterly common dividend of $0.305 per share for the fourth quarter ending December 31, 2025, equivalent to an annualized $1.22 per share. The dividend is payable on January 15, 2026 to shareholders of record on December 31, 2025.
The company reported its Defense/IT Portfolio as of September 30, 2025 includes 198 properties (24 via joint ventures), totaling 22.6 million square feet and is 97.0% leased. The release contains forward-looking statements and references risks in Item 1A of the 2024 Form 10-K.
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COPT Defense (NYSE: CDP) acquired Stonegate I, a 142,000 sq ft Class A office building in Chantilly, VA, for a gross purchase price of $40.2 million on October 30, 2025.
The building is fully occupied by a top 20 U.S. defense contractor with 10 years of lease term remaining, sits within 1 mile of COPT Defense’s 1.5 million sq ft Westfields office portfolio (94% leased), and increases the company’s ownership to roughly one-third of the 4.0 million sq ft Westfields submarket. As of June 30, 2025, the company’s Defense/IT Portfolio totaled 22.6 million sq ft and was 96.8% leased.
COPT Defense Properties (NYSE: CDP) has scheduled its third quarter 2025 earnings conference call for October 31, 2025, at 12:00 p.m. Eastern. The company will release its Q3 2025 results after market close on October 30, 2025.
COPT Defense is an S&P MidCap 400 REIT specializing in properties near key U.S. Government defense installations. As of June 30, 2025, the company's Defense/IT Portfolio comprises 198 properties spanning 22.6 million square feet with a 96.8% lease rate. The portfolio includes 24 properties owned through unconsolidated joint ventures.
COPT Defense Properties (NYSE: CDP) has announced the pricing of a $400 million offering of 4.500% Senior Notes due 2030 through its operating partnership. The offering, expected to close on October 2, 2025, will be underwritten by Wells Fargo Securities, PNC Capital Markets, TD Securities, and KeyBanc Capital Markets as joint book-running managers.
The proceeds will be used for general corporate purposes, including repaying the company's 2.250% Senior Notes due 2026 at maturity and reducing outstanding amounts on its unsecured revolving credit facility and existing term loan. COPT Defense, an S&P MidCap 400 Company, specializes in properties near key U.S. Government defense installations, with a portfolio of 198 properties covering 22.6 million square feet as of June 30, 2025.