{"id":925655,"date":"2026-01-08T19:00:02","date_gmt":"2026-01-09T00:00:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\/"},"modified":"2026-01-08T19:00:02","modified_gmt":"2026-01-09T00:00:02","slug":"copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\/","title":{"rendered":"COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwdoublebottom { border-bottom: double black 2.25pt }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth23 { width: 23% }\n.bwwidth8 { width: 8% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><span class=\"bwuline\">COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease <\/span><\/b><b><span class=\"bwuline\">in San Antonio, Bringing New Investments in 2025 to $277 Million<\/span><\/b><\/p>\n<p class=\"bwalignc\"><b><i>Exceeds Capital Commitment to New Investments Guidance in 2025<\/i><\/b><\/p>\n<p class=\"bwalignl\">COLUMBIA, Md.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCOPT Defense Properties (NYSE: CDP) (\u201cCOPT Defense\u201d or the \u201cCompany\u201d) executed a build-to-suit lease in December 2025 with a Fortune 100 Company in San Antonio, Texas. Construction is expected to commence on this 132,000 square foot, high-security specialized facility in the third quarter of 2026, with rent commencement expected in the fourth quarter of 2027. The anticipated capital commitment to this development project is $88 million, which densifies the Company\u2019s existing campus in San Antonio.<\/p>\n<p>\nIn 2025, the Company committed $277 million of capital to five new investments totaling 640,000 square feet, all in its Defense\/IT Portfolio, which exceeded the high end of the Company\u2019s increased guidance range of $225 to $275 million, and was well above the initial guidance range of $200 to $250 million. The new investments consisted of:<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nQtr<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nProject<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nSub-Segment<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom bwalignc bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n% Leased<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom bwalignr bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignr\">\n$ Commitment<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nQ1<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n8500 Advanced Gateway<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nRedstone Arsenal<\/p>\n<\/td>\n<td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignc bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n20%<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwalignr bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignr\">\n$52 million<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nQ3<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n7700 Advanced Gateway<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nRedstone Arsenal<\/p>\n<\/td>\n<td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignc bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100%<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwalignr bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignr\">\n$27 million<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nQ4<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nStonegate I<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNoVA Defense\/IT<\/p>\n<\/td>\n<td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignc bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100%<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwalignr bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignr\">\n$45 million<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nQ4<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n4400 River Road<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nFort Meade\/BW Corridor<\/p>\n<\/td>\n<td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwalignc bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100%<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwalignr bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignr\">\n$65 million<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth8\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nQ4<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nProject EL 2<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nLackland Air Force Base<\/p>\n<\/td>\n<td class=\"bwpadl0 bwpadr0 bwpadb3 bwalignc bwwidth23 bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100%<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwalignr bwsinglebottom bwwidth23\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignr\">\n$88 million<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwpadr0 bwpadb3 bwwidth8 bwvertalignt\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n2025<\/p>\n<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nTotal Capital Committed to New Investments<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwalignr bwwidth23 bwdoublebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignr\">\n$277 million<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b><span class=\"bwuline\">About COPT Defense<\/span><\/b><\/p>\n<p>\nCOPT Defense, an S&amp;P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (\u201cUSG\u201d) defense installations and missions (referred to as its Defense\/IT Portfolio). The Company\u2019s tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of September 30, 2025, the Company\u2019s Defense\/IT Portfolio of 198 properties, including 24 owned through unconsolidated joint ventures, encompassed 22.6 million square feet and was 97.0% leased.<\/p>\n<p><b><span class=\"bwuline\">Forward-Looking Information<\/span><\/b><\/p>\n<p>\nThis press release may contain \u201cforward-looking\u201d statements, as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, that are based on the Company\u2019s current expectations, estimates and projections about future events and financial trends affecting the Company. Forward-looking statements can be identified by the use of words such as \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cbelieve,\u201d \u201canticipate,\u201d \u201cexpect,\u201d \u201cestimate,\u201d \u201cplan\u201d or other comparable terminology. Forward-looking statements are inherently subject to risks and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate. Although the Company believes that the expectations, estimates and projections reflected in such forward-looking statements are based on reasonable assumptions at the time made, the Company can give no assurance that these expectations, estimates and projections will be achieved. Future events and actual results may differ materially from those discussed in the forward-looking statements and the Company undertakes no obligation to update or supplement any forward-looking statements.<\/p>\n<p>\nThe areas of risk that may affect these expectations, estimates and projections include, but are not limited to, those risks described in Item 1A of the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024.<\/p>\n<p>\nSource: COPT Defense Properties<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260108161697r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260108161697\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260108161697\/en\/<\/a><\/span><\/p>\n<p><b>IR Contacts:<br \/>\n<\/b><br \/>Venkat Kommineni, CFA<br \/>\n<br \/>443.285.5587<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:venkat.kommineni@copt.com\">venkat.kommineni@copt.com<\/a><\/p>\n<p>\nMichelle Layne<br \/>\n<br \/>443.285.5452<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:michelle.layne@copt.com\">michelle.layne@copt.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Maryland<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> REIT Defense Commercial Building &amp; Real Estate Other Defense Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260108161697\/en\/2686762\/3\/COPT_MainHorizontal_FullColor_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million Exceeds Capital Commitment to New Investments Guidance in 2025 COLUMBIA, Md.&#8211;(BUSINESS WIRE)&#8211; COPT Defense Properties (NYSE: CDP) (\u201cCOPT Defense\u201d or the \u201cCompany\u201d) executed a build-to-suit lease in December 2025 with a Fortune 100 Company in San Antonio, Texas. Construction is expected to commence on this 132,000 square foot, high-security specialized facility in the third quarter of 2026, with rent commencement expected in the fourth quarter of 2027. The anticipated capital commitment to this development project is $88 million, which densifies the Company\u2019s existing campus in San Antonio. In 2025, the Company committed $277 million of capital to five new investments totaling &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-925655","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million Exceeds Capital Commitment to New Investments Guidance in 2025 COLUMBIA, Md.&#8211;(BUSINESS WIRE)&#8211; COPT Defense Properties (NYSE: CDP) (\u201cCOPT Defense\u201d or the \u201cCompany\u201d) executed a build-to-suit lease in December 2025 with a Fortune 100 Company in San Antonio, Texas. Construction is expected to commence on this 132,000 square foot, high-security specialized facility in the third quarter of 2026, with rent commencement expected in the fourth quarter of 2027. The anticipated capital commitment to this development project is $88 million, which densifies the Company\u2019s existing campus in San Antonio. In 2025, the Company committed $277 million of capital to five new investments totaling &hellip; Continue reading &quot;COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-09T00:00:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260108161697r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million\",\"datePublished\":\"2026-01-09T00:00:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\\\/\"},\"wordCount\":574,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260108161697r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/copt-defense-executes-132000-square-foot-build-to-suit-lease-in-san-antonio-bringing-new-investments-in-2025-to-277-million\\\/\",\"name\":\"COPT Defense Executes 132,000 Square Foot Build-to-Suit Lease in San Antonio, Bringing New Investments in 2025 to $277 Million - 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Construction is expected to commence on this 132,000 square foot, high-security specialized facility in the third quarter of 2026, with rent commencement expected in the fourth quarter of 2027. The anticipated capital commitment to this development project is $88 million, which densifies the Company\u2019s existing campus in San Antonio. 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