UPDATE: COPT Announces Offering of 3.9M Common Shares

Corporate Office Properties Trust (NYSE: OFC ) has commenced a public offering of 3,900,000 of its common shares of beneficial interest. The Company intends to use the proceeds to redeem its outstanding 7.625% Series J Cumulative Redeemable Preferred Shares (NYSE: OFCPrJ), repay amounts outstanding under its unsecured revolving credit