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COPT Defense Properties has executed a 132,000 square foot build-to-suit lease in San Antonio, marking another addition to its defence-focused development portfolio. The deal has taken the company's total new investments in 2025 to USD 277 million. The facility will be purpose-built to meet tenant requirements, reinforcing the firm's focus on specialised and secure real estate assets. Construction on the project is planned to commence in the third quarter of 2026. The transaction aligns with COPT Defense's long-term strategy of serving defence and technology-driven occupiers.
COPT Defense Properties has completed a 132,000 square foot build-to-suit lease in San Antonio, strengthening its footprint in a key US defence and security market. The transaction adds to the company's development pipeline and reflects continued tenant demand for specialised facilities aligned with national security requirements.
With this lease, the company's total new investments during 2025 have reached USD 277 million. The project is designed as a purpose-built facility, indicating a long-term commitment from the tenant and alignment with COPT Defense's strategy of developing mission-critical real estate.
The company has confirmed that construction of the San Antonio facility is scheduled to begin in the third quarter of 2026. Build-to-suit projects typically involve close coordination with tenants to meet security, infrastructure, and operational standards, which are central to COPT Defense's portfolio.
COPT Defense Properties focuses primarily on defence and IT-related assets located near major US military installations. The company has historically concentrated on long-duration leases and stable cash flows, supported by government and defence-oriented tenants.
Source Reuters
5th Jun, 2025
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