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Stock impact report

Piedmont (PDM) Announces New Lease at 501 W. Church, Orlando [Yahoo! Finance]

Piedmont Office Realty Trust, Inc. Class A (PDM) 
Last piedmont office realty trust, inc. class a earnings: 4/29 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Church building in Downtown, Orlando, for its new corporate headquarters. Travel + Leisure, the world's leading membership and leisure travel company, has chosen the entire five-story building encompassing approximately 182,000 square feet. The lease will run through 2040, employing nearly 900 individuals at the property. In anticipation of the commencement of Travel + Leisure in 2025, Piedmont intends to renovate and rebrand the building. It plans to add signage and modern amenities such as a new fitness center, conference center, and café to create an office experience uniquely tailored for Travel + Leisure's employees. Per Alex Valente, executive vice president for Piedmont's Southeast region, “We are honored that a world-class company such as Travel + Leisure has chosen 501 W. Church for its headquarters location. We very much appreciate the collaboration and support from Mayor Dyer's administration and the Orlando Economic Partnership to help attract the largest lease in do Show less Read more
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