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On September 30, 2024, State Street Corp executed a significant transaction involving the shares of Piedmont Office Realty Trust Inc (PDM, Financial).
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Country
US
Industry
Real Estate
Market Cap
Small Cap
Num. Employees
149
IPO Date
Feb 10, 2010
Country
US
Industry
Real Estate
Piedmont Office Realty Trust, Inc. engages in the ownership, management, development, redevelopment, and operation of office properties. The company is headquartered in Atlanta, Georgia and currently employs 149 full-time employees. The company went IPO on 2010-02-10. The firm is engaged in the ownership, management, development, redevelopment, and operation of Class A office properties located primarily in the Sunbelt. The firm conducts its business through its wholly owned subsidiary, Piedmont Operating Partnership, L.P. The company owns and operates approximately 51 in-service office properties, which are comprised of approximately 16.7 million square feet of primarily Class A office space and are 86.7% leased. In addition, the Company has one redevelopment asset comprising approximately 127,000 square feet in Orlando, Florida. Its properties are located in select sub-markets within seven United States office markets, including Atlanta, Dallas, Washington, D.C., Minneapolis, Boston, Orlando, New York, and others.
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50%
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50%
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