Corporate Office Properties Trust, Columbia, Md., has announced the sale of 4.6 million common shares of beneficial interest to Legg Mason Wood Walker Inc. and McDonald Investments Inc.The real estate investment trust said the net proceeds of approximately $69 million ($15.03 per share) will be used to acquire a 100%-leased, 404,665-square-foot office building in Herndon, Va. The underwriters have a 30-day overallotment option to purchase up to an additional 690,000 shares. The REIT can be found online at http://www.copt.com.
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