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Piedmont Office Realty Trust, Inc.

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$7.62

0.30 (4.10%)
Live
Previous Close

$7.62

Day Range

$7.29 - $7.625

Previous Day Range

$7.235 - $7.65

Market Cap

$911.4 million USD

Day Vol.

804711

Previous Day Vol.

1.4 million

Currency

USD

Primary Exchange

New York Stock Exchange

Piedmont Realty Trust Inc is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of 16 MM SF of Class A properties across major U.S. Sun...

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Recent News

Piedmont Office Realty Trust, a leading owner of Class A office properties in the Sunbelt, reported strong leasing activity in Q3 2024, with over 461,000 square feet of new leases, 45% of which were with new tenants. The company's in-service leased percentage reached 88.8% as of September 30, 2024, and its contractual backlog stands at 1.5 million square feet of leased space yet to commence or begin paying cash rents.

Related tickers: PDM.

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Atlanta, June 13, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an offering of $400 million aggregate principal amount of 6.875% senior unsecured notes due 2029 at 98.993% of the principal amount. The offering is expected to close on June 25, 2024, subject to the satisfaction of customary closing conditions.

Related tickers: PDM.

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