COPT and Blackstone Real Estate form $ 119 million joint venture – Maryland Daily Record

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Corporate Office Properties Trust (COPT) announced on Thursday the formation of a new joint venture with funds affiliated with Blackstone Real Estate, acquiring a 90% stake in two single-tenant data center shell properties totaling 432,000 square feet and valued to $ 119 million. COPT has received approximately $ 107 million in equity that it will deploy into its $ 1.7 million …





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