REIT Prices Common Stock Offering

Published September 25, 2008, 1:00 p.m. EDT

1 Min Read

Corporate Office Properties Trust, Columbia, Md., has announced the pricing of 3.25 million shares of newly issued common stock at $39 per share. The company said it has granted the underwriters an option to buy up to 487,500 additional shares to cover any overallotments. Raymond James, Banc of America Securities LLC, Citi, and J.P. Morgan Securities Inc. are the joint book-running managers for the offering. The company, a real estate investment trust, can be found on the Web at http://www.copt.com.

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