Corporate Office to redeem all $84.75 million of 7.625% preferreds

By Tali David

Minneapolis, March 20 - Corporate Office Properties Trust plans to redeem all of its outstanding 7.625% series J cumulative redeemable preferred shares, according to a press release.

The 3.39 million preferreds will be redeemed at a total price of $25.0424 each, which includes accrued dividends, on April 22.

Corporate Office is a Columbia, Md.-based real estate investment trust.

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