News & Videos - PIEDMONT OFFICE REALTY TRUST - Page 3

Atlanta, April 27, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today announced its results for the quarter ended March 31, 2022. Highlights for the Quarter Ended March 31, 2022: Financial Results: Net income applicable to Piedmont was $60.0 million, or $0.49 per diluted share, for the quarter ended March 31, 2022, as compared to $9.3 million, or $0.08 per diluted...

Atlanta, April 12, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Wednesday, April 27, 2022, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Thursday, April 28, 2022, at 9:00 a.m. Eastern daylight time and will be broadcast live in listen-only mode on the company’s investor relations website at investor.piedmontreit.com . During the conference...

Atlanta, March 30, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, announced today it has earned the WELL Health-Safety Rating for its entire 17 million square foot portfolio spanning over 53 managed properties. The WELL Health-Safety Rating is an evidenced-based rating system, verified through the International WELL Building Institute (IWBI) that focuses on all new and existing building...

Atlanta, March 29, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (the “Company”) announced today that it has received approximately $119 million in proceeds from the payoff of two notes receivable that the Company had received in late 2020 from the buyer of its remaining New Jersey properties. The proceeds were used to pay down the Company’s $500 million line of credit to a balance of approximately $85 million. As previously disclosed during the last quarter-end...

Atlanta, March 23, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today announced that it has signed a 50,000 square-foot lease through 2034 with a leading provider of construction systems. The company will move its global headquarters to 600 Galleria Parkway, one of five buildings owned by Piedmont and known as the Atlanta Galleria Office Park. “We are thrilled that Atlanta Galleria...

Atlanta, March 17, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today announced that it has secured a lease renewal through 2028 with a national pharmaceutical retailer for approximately 164,000 square feet at 750 W. John Carpenter Freeway in Irving, Texas. This renewal addresses Piedmont’s largest 2022 expiration with positive economic metrics and currently leaves only 5% in...

Atlanta, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in seven major Eastern U.S. markets with a majority of its revenue being generated from the Sunbelt, today announced its results for the quarter and year ended December 31, 2021. Highlights for the Quarter and Year Ended December 31, 2021: Financial Results: The Company recognized a net loss applicable to Piedmont of $31.8...

Atlanta, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.21 per share, or $0.84 per share on an annualized basis, for the first quarter of 2022. The dividend will be paid on March 18, 2022 to stockholders of record as of the close of business on February 25, 2022. About Piedmont Office Realty Trust Piedmont Office...

Atlanta, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2021 common stock dividends as described below. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of Piedmont dividends. Record Date Paid Date Dividend per Share Ordinary Dividends Capital Gains Unrecaptured Section 1250 Qualified Dividend Section 199A Dividend...

Atlanta, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter financial results on Monday, February 7, 2022, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Tuesday, February 8, 2022, at 10:00 a.m. Eastern time and will be broadcast live in listen-only mode on the company’s investor relations website at investor.piedmontreit.com . During the conference call, the...

Atlanta, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in seven major Eastern U.S. markets with a majority of its revenue being generated from the Sunbelt, today announced its results for the quarter ended September 30, 2021. Highlights for the Quarter Ended September 30, 2021: Financial Results: The Company reported net income applicable to Piedmont of $11.3 million, or $0.09...

Atlanta, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Wednesday, October 27, 2021, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Thursday, October 28, 2021, at 11:00 a.m. Eastern daylight time and will be broadcast live in listen-only mode on the company’s investor relations website at investor.piedmontreit.com . During the...

Atlanta, Sept. 13, 2021 (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 $300 million aggregate principal amount of 2.750% senior unsecured notes due 2032 at 99.510% of the principal amount. The offering is expected to close on September 20, 2021, subject to customary closing conditions. Piedmont...

Atlanta, July 28, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in seven major Eastern U.S. markets with a majority of its revenue being generated from the Sunbelt, today announced its results for the quarter ended June 30, 2021. Highlights for the Quarter Ended June 30, 2021: Financial Results: The Company reported net income applicable to common stockholders of $9.9 million, or $0.08...

Atlanta, July 07, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter financial results on Wednesday, July 28, 2021, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Thursday, July 29, 2021, at 11:00 a.m. Eastern daylight time and will be broadcast live in listen-only mode on the company’s investor relations website at...

Atlanta, June 07, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (the “Company” or “Piedmont”) (NYSE: PDM) announced today in advance of the National Association of Real Estate Investment Trusts’ Annual Investor Conference which begins on June 8 th that it has completed approximately 230,000 square feet of leasing transactions during the Second Quarter of 2021 through May, with approximately 60% related to new tenant leasing. This completed leasing total excludes the progress on...

Atlanta, April 28, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in seven major Eastern U.S. markets with a majority of its revenue being generated from the Sunbelt, today announced its results for the quarter ended March 31, 2021. Highlights for the Quarter Ended March 31, 2021: Financial Results: The Company reported net income applicable to common stockholders of $9.3 million, or...

Atlanta, GA, April 13, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE: PDM) today announced that the U.S. Environmental Protection Agency and the U.S. Department of Energy have recognized the Company as a 2021 ENERGY STAR Partner of the Year. Each year, the ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy achievements. ENERGY STAR Award Winners lead their industries...

Atlanta, April 07, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Wednesday, April 28, 2021, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Thursday, April 29, 2021, at 10:00 a.m. Eastern daylight time and will be broadcast live in listen-only mode on the company’s investor relations website at...

Atlanta, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets with a majority of its revenue coming from Sunbelt markets, today announced its results for the quarter and year ended December 31, 2020. Highlights for the Quarter and Year Ended December 31, 2020: The timing of dispositions over the last two years and...