Corporate Office Properties Trust (COPT) broke ground on Monday on its 4.6 million sf office and retail project, "Redstone Gate
COPT and Jim Wilson & Associates, LLC (JWA) have formed a joint venture to develop the 468 acre site on Redstone Arsenal. COPT will be the managing partner of the joint venture with a controlling interest and will be responsible for development, leasing and management of the office space at Redstone Gateway. JWA will develop and lease the retail component.
From left, Major Gen. James Myles, U.S. Sen. Jeff Sessions, COPT President & CEO Rand Griffin, U.S. Congressman Parker Griffith, JWA Chairman & CEO Jim Wilson, III, Mayor Tommy Battle and Col Robert Pastorelli breaking ground
Redstone Gateway Overview
• Located at the main entrance (Gate 9) into Redstone Arsenal
• Development capacity of approximately 4.6 million sf on 468 acres with 4.4 million sf of planned office space that will include 1.2 million sf of secure space
• Expected delivery of first building 4th Quarter 2011
• All buildings will be built to LEED® Silver certification or higher
• All buildings will be managed on-site by COPT Property Management Services, rated "Best in Industry" by CEL & Associates, the nation's largest surveyor of tenant satisfaction.
Redstone Gateway Concept Plan
* All concept renderings are representative only and reflect product developed in other COPT business parks.
To learn more about leasing opportunities, please contact:
Derrick C. Boegner
Vice President, Asset Management/Leasing
703.818.3905 | 256.895.9820
derrick.boegner@copt.com
Corporate Office Properties Trust (COPT) (NYSE: OFC) is a specialty office real estate investment trust (REIT) that focuses on strategic customer relationships and specialized tenant requirements in the U.S. Government, Defense Information Technology and Data sectors. The Company's portfolio primarily consists of technically sophisticated buildings in visually appealing settings that are environmentally sensitive, sustainable and meet unique customer requirements. COPT is a S&P MidCap 400 company.
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