Corporate Office Properties Trust Forms New Group

COLUMBIA, MD-Corporate Office Properties Trust has formed a new company, Corporate Office Services LLC, aimed at providing land planning, design/build services, consulting and merchant development to third-party companies. Dwight S. Taylor, president of the REIT’s Corporate Development Services LLC, has been named president of COS and will oversee day-to-day operations of both groups.

“With Corporate Office Services, we will be able to leverage our development experience with the solid corporate relationships we have established,” says Randall M. Griffin, president of COP, a self-managed REIT. “The result is a highly motivated and knowledgeable team that can offer value-oriented solutions to most real estate projects. We will also have the ability to invest in these projects, if appropriate.”

COS will target development and fee opportunities such as constructing business parks, office buildings, warehouses, retail and specialty facilities, according to the company. The new company will also offer consulting services for companies located from Northern New Jersey to Northern Virginia.