COLUMBIA – Corporate Office Properties Trust (COPT) posted a 25% total return for shareholders last year. The numbers included a 5% increase in diluted funds from operations and an 8% decrease in diluted earnings per share. The company has 1.1 million square feet under construction that is 54 percent leased, and its properties are 90.7% occupied and 91.3% leased. Renewals on expiring leases are 73% and represent 1.8 million square feet.
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