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COPT Pays $119M for 345,736-SF Office Portfolio in DC

Investcorp Sells Maritime Plaza I and II
By Laurie Forbes
September 29, 2010 | 4:47 P.M.

Corporate Office Properties Trust made its first purchase in the Capitol Riverfront area of Washington, DC, with the acquisition of Maritime Plaza I and II for $119 million, or approximately $344 per square foot. Investcorp International Inc. sold the two office buildings totaling 345,736 square feet.

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