COPT Defense Properties (CDP) has executed two investment leases in Redstone Gateway totaling 55,000 square feet, bringing the total portfolio year-to-date investment leasing to 103,000 square feet. In the first quarter of 2025, the Company signed a lease with the U.S. Department of Defense for 40,800 square feet at 8100 Rideout Road. With this transaction, the property is now 79% leased, with only 27,000 square feet of remaining availability at the 128,000 square foot property. In April 2025, the Company signed a lease with a Defense Contractor for 13,700 square feet at 9700 Advanced Gateway. With this transaction, this property is now 100% pre-leased. Overall, the Company’s 2.5 million square foot Huntsville portfolio is currently 98.5% leased, with only 37,000 square feet of availability.
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