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Piedmont Office Realty Trust Inc

PDM

$6.14

- $1.29 (-17.36%) This month

Closed: 23 Feb 2024 21:00 US/Eastern

Key details

CEO

-

Employees

187

Headquarters

null, null

Sector

Real Estate and Rental and Leasing

Industry

Lessors of Nonresidential Buildings (except Miniwarehouses)

About Piedmont Office Realty Trust Inc

piedmont office realty trust, inc. (nyse: pdm) is a fully integrated and self-managed real estate investment trust (reit) specializing in the ownership and management of high-quality class a office buildings located primarily in the ten largest u.s. office markets, including chicago, washington, d. c., new york, dallas, los angeles, and boston. piedmont's wholly-owned office buildings comprise approximately 21 million rentable square feet. the company is headquartered in atlanta, ga, with local management offices in each of its major markets. investment-grade rated by standard & poor's (bbb) and moody's (baa2), piedmont has maintained a low-leverage strategy while transacting almost $6 billion and approximately $1.5 billion in property acquisitions and dispositions, respectively, during its fifteen year operating history.

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