Thurgood Marshall Public Charter School Graduate Awarded $10,000 Thaddeus Stevens School Scholarship

The fifth $10,000 scholarship awarded to a Washington, D.C. student concludes the five-year, $50,000 scholarship program sponsored by COPT, Akridge, and Argos Group as part of the 2100 L Street Development

Corporate Office Properties Trust (NYSE: OFC) (COPT), Akridge, and Argos Group today announced the final recipient of the Thaddeus Stevens School Scholarship. Mikalei Miller from the Thurgood Marshall Public Charter School was selected as the fifth and final recipient of the $10,000 scholarship. Mikaeli was presented with the scholarship at 2100 L Street on June 27.

This initiative was introduced as part of the 2100 L Street project, a trophy office property in Washington, D.C., jointly developed by COPT, Akridge, and Argos Group. Beyond delivering premier office space with unique features and architecture, the partners wanted to contribute to the community where this property is located.

The scholarship program pays homage to the historic Thaddeus Stevens School that sits adjacent to the 2100 L Street building. The school was renovated as part of the 2100 L Street project and honors the legacy of former U.S. Congressman and anti-slavery activist, Thaddeus Stevens. Over the last five years, a total of $50,000 in scholarships was awarded to five D.C. students who dreamt of pursuing a full-time undergraduate degree after high school.

“We are proud of the impact we have made through this scholarship program,” said Stephen Budorick, President and CEO of COPT. “Finding ways to support the communities in which we work is always a top priority and the collaboration between COPT, Akridge, and Argos Group to create this program not only benefits the community but continues promoting the impact of Thaddeus Stevens to ensure that his legacy will continue.”

“It’s an honor to help DC students achieve their goals of attending college,” said David Toney, senior vice president of development for Akridge. “The recipients of this scholarship have been dedicated, driven, and hardworking students and it’s been a pleasure to see how they’ve applied themselves in their various fields of interest.”

Throughout his life, Stevens advocated for equal education opportunities for all. This program honors that legacy by giving students the opportunity to further their education and pursue their dreams.

Mikaleiwill be attending North Carolina A&T University this fall and is planning to major in psychology.

Previous scholarship award winners include:

  • 2021 – Chase Jones | DC International School
  • 2020 – Kasai Rogers| DC International School
  • 2019 – India McNeill | Thurgood Marshall Public Charter School
  • 2018 – Brayan Hernandez| Benjamin Banneker High School

About COPT

COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties. The majority of its portfolio is in locations that support the United States Government and its contractors, most of whom are engaged in national security, defense and information technology (“IT”) related activities what the Company believes are growing, durable, priority missions (“Defense/IT Locations”). The Company also owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (“Regional Office Properties”). As of March 31, 2022, the Company derived 90% of its core portfolio annualized rental revenue from Defense/IT Locations and 10% from its Regional Office Properties. As of the same date and including 19 properties owned through unconsolidated joint ventures, COPT’s core portfolio of 186 properties encompassed 21.8 million square feet and was 94.1% leased.

About Akridge

Akridge is a comprehensive real estate services company and a prominent investor and developer in the Washington metropolitan region and North Carolina. It provides acquisitions, design and construction management, development, finance and asset management, leasing, and property management services. For over 45 years, the company has acquired, developed, or entitled more than 29 million square feet of office, industrial flex, multifamily, retail, and entertainment space. Akridge has another 7.6 million square feet in its active pipeline, currently manages approximately 4.0 million square feet, and has a portfolio with an estimated value of over $2.8 billion. Notable projects include the 1-million-square-foot Gallery Place, the internationally recognized Homer Building, the 240,000-square-foot 555 Mangum Street, and the 3-million-square-foot Burnham Place air rights development project at Union Station. For more information please visit www.akridge.com.

About Argos Group

Argos Group is an innovative real estate developer of residential and commercial properties, providing the highest level of quality, and value to its clients, and investors. Argos specializes in urban-infill, and transit-oriented developments, in both private and public-private partnerships. Argos’ devoted attention to accuracy and fiduciary responsibility makes us a leader as a hands-on steward of premier public-private development ventures. For more information, please visit argosg.com.