January 19, 2022
COPT and Lincoln Property Company Announce 24,850 SF of New Leasing within Airport Square Portfolio
Corporate Office Properties Trust (NYSE: OFC) (COPT), in partnership with Lincoln Property Company (represented by Kyle Bell and Brent Prossner), announces 24,850 square feet of new leasing with five new tenants within its Airport Square portfolio in Linthicum, MD. JLL’s Brad Crosley, Nadege Lane, and Matt Haas assisted in these transactions, as did Mackenzie Commercial’s Allison Perry and CBRE’s Jon Hall.
The new tenants include Veterans’ Lab Services, a provider of medical and digital forensics services based in Midlothian Texas; Cybersafe Solutions, a Cybersecurity Firm headquartered in Melville, NY; and Peak Technologies, an international trusted provider of end-to-end supply chain services. These three tenants signed a total 19,150 square feet at 901 Elkridge Landing with plans to occupy in Q1 2022.
Additionally, Associated Behavioral Health Services of Maryland leased 3,500 square feet at 939 Elkridge Landing Road and Variable Annuity Life Insurance Company leased 2,200 square feet at 1201 Winterson.
John Hermann, Vice President of Asset Management and Leasing at COPT said, “We are excited to welcome this diverse array of organizations to our Airport Square community. This area offers unparalleled access to Baltimore and Washington, DC, as well as to BWI Airport, and features a broad range of amenities that will greatly benefit these organizations and the constituents they serve.”
At September 30, 2021, COPT’s Airport Square portfolio consisted of 10 office buildings and supporting fitness and retail amenities totaling 634,000 square feet. COPT is underway on a new amenity project to include a fitness center and tenant coffee bar in addition to the recently added 40-person conference center at 901 Elkridge Landing Road. These interior capital improvements, coupled with the walkable amenity center at Nursery Landing which includes Chipotle, Dunkin’ and Glory Days, among others, is creating a buzz among office users inside and outside of the BWI submarket.