COPT Executes 55,000 SF Lease with Rekor Systems at 6721 Columbia Gateway

Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) executed a 55,000 square foot lease with Rekor Systems, Inc. (“Rekor”), a provider of real-time roadway, customer, and public safety intelligence to enable AI-driven decisions. Rekor is the largest tenant in COPT’s recently repositioned 6721 Columbia Gateway Drive, which will serve as Rekor’s new global headquarters.

“We are thrilled to count Rekor among our expanding list of high-tech tenants and pleased we could accommodate their rapidly growing business,” said Todd Hartman, COPT’s Executive Vice President & Chief Operating Officer.

“The Rekor team has grown substantially in the last 12 months, and as COVID vaccines are allowing us to bring our team back into the office, a new global headquarters in the DC Capital Beltway region was sorely needed,” said Robert A. Berman, CEO of Rekor. “This property, which we will occupy starting in early August of this year, will serve as an Innovation Hub to our expanded engineering team along with a home for our more than 153 new and existing employees. We look forward to move in day.”

About Rekor Systems

Rekor provides real-time, customer and public safety intelligence to enable AI-driven decisions. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data to enable informed decisions faster, and with greater outcomes. Rekor is transforming industries like Public Safety, Customer Experience, and Smart Cities in approximately 80 countries across the globe with smarter, quicker, cost-competitive vehicle recognition solutions for security, revenue discovery and recovery, public safety, electronic toll collection, brand loyalty, parking operations, logistics, and traffic management. We use the power of artificial intelligence to analyze video streams and transform them into AI-driven decisions by our clients. Our machine learning software can turn most IP cameras into highly accurate and affordable vehicle recognition devices used to help protect lives, increase brand loyalty, and enhance operations and logistics, without the need to install expensive new infrastructure. We make what was once considered impossible, possible. To learn more please visit our website: https://rekor.ai.