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COPT in 'prove-me mode'

The CEO of Corporate Office Properties Trust said Thursday the firm is in "prove-me mode," as it adapts its portfolio to serve a workforce more interested in an urban setting, while its longstanding government contractor tenants face slower growth. The Columbia-based firm is working to win back the confidence of investors and analysts disappointed by some underperforming suburban office properties, CEO Roger Waesche Jr. said at the real estate investment trust's annual meeting for shareholders. He said he expects 2014 to represent a low point for the firm's earnings, with growth coming this year. The company has closed on two deals in 2015 designed to diversify its...

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