COPT Defense Properties is a mission-critical defense infrastructure REIT with secure cash flows, scarce strategic land, and a compelling long-term path to value creation.
Overview
COPT Defense Properties is a specialized REIT owning mission-critical secure offices and data center shells near U.S. defense and intelligence hubs. Its tenants—primarily the U.S. government and major defense contractors—require SCIF/ATFP facilities where classified work cannot be performed remotely. With 90% of ARR tied to defense/IT locations, high occupancy, long-term leases, and strategic land near Fort Meade, Northern Virginia, Lackland, Redstone Arsenal, and Navy support sites, CDP functions more like national security infrastructure than a conventional office landlord.