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6.78%
Last update Oct 6, 3:59 PM EDT
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Office Properties Income Trust
0.01
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6.78%

Overview

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Description

Office Properties Income Trust is a real estate investment trust (REIT) specializing in the ownership and management of office buildings across the United States. The primary function of Office Properties Income Trust is to acquire, lease, and manage high-quality office spaces that cater to the needs of government and commercial tenants. It significantly impacts the commercial real estate sector by focusing on properties located in well-established urban and suburban markets that typically benefit from stable demand due to their proximity to key business and government centers. With an extensive portfolio that includes properties leased to a notable percentage of public sector tenants, Office Properties Income Trust plays a crucial role in providing stable and diversified income streams to its investors. Its market significance is underscored by its strategic approach to asset management, including long-term lease agreements and active asset repositioning, which help to ensure occupancy stability and cash flow resilience.

About

CEO
Mr. Christopher J. Bilotto
Employees
0
Address
Two Newton Place
255 Washington Street, Suite 300
Newton, 02458-1634, MA
United States
Phone
617 219 1440
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Office
Country
United States
MIC code
XNGS
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