Corporate Office Properties Trust (COPT) is a fully integrated and self-managed real estate investment trust (REIT) that focuses on customer relationships and tenant requirements in the United States Government, defense information technology and data sectors. The Company acquires, develops, manages and leases properties that are concentrated in large office parks primarily located adjacent to government demand drivers and/or in demographic markets possessing growth opportunities. During the year ended December 31, 2008, the Company acquired three office properties totaling 247,000 square feet that were 100% occupied (one located in Colorado Springs and two in San Antonio). In 2008, it had seven newly constructed properties totaling 528,000 square feet. It also placed into service 85,000 square feet in two partially operational properties.