SunTrust launches coverage on office REITs; sees good value in some

• Started at Buy are Boston Properties (BXP +0.4%), Brandywine Realty Trust (BDN +1.5%), Corporate Office Properties Trust (OFC +0.4%), Cousins Properties (CUZ +0.6%), Highwoods Properties (HIW +0.5%), and SL Green Realty (SLG +0.4%).
• Rated Neutral are Washington Real Estate Investment (WRE), Piedmont Office Realty Trust (PDM -0.3%), New York REIT (NYRT -0.1%), Mack Cali Realty (CLI -0.1%), and First Potomac Realty (FPO).