COPT Defense Properties (NYSE:CDP)
$ 23.72 -0.03 (-0.13%) Market Cap: 2.67 Bil Enterprise Value: 5.00 Bil PE Ratio: 0 PB Ratio: 1.80 GF Score: 78/100

Corporate Office Properties Trust at NAREIT Institutional Investor Forum Transcript

Jun 07, 2022 / 01:30PM GMT
Release Date Price: $27.6 (+3.18%)
Michael Robert Lewis
Truist Securities, Inc., Research Division - Director & Co-Lead REIT Analyst

Thanks, everybody, for joining us live and in person first time in a little while. I'm Michael Lewis, Managing Director and lead office REIT analyst at Truist Securities. I have the pleasure today to introduce immediately to my right, Steve Budorick, Chief Executive Officer of Corporate Office Properties Trust as well as to his right, Todd Hartman, Chief Operating Officer.

For those of you less familiar, Corporate Office Properties Trust ticker OFC, is an office REIT headquartered in Columbia, Maryland. It focuses on owning, operating and developing mission-critical facilities that support key U.S. government defense installations and defense contractors. It's an S&P 400 company with an equity market cap of roughly $3 billion. But you're not here to hear from me.

So before I get to my prepared questions, maybe, Steve, for the investors out there who are a little less familiar with the company, maybe just provide a little more of a brief overview of the company and your broad

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