Piedmont REIT Signs over 461,000 SF of Leases during Third Quarter
Piedmont Office Realty Trust, Inc. Class A (PDM)
Last piedmont office realty trust, inc. class a earnings: 4/29 04:30 pm
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US:NYSE Investor Relations:
investor.piedmontreit.com/investor-relations
Company Research
Source: GlobeNewswire
Atlanta, Oct. 14, 2024 (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, announced today, that the Company completed over 461,000 square feet of leasing during the third quarter of 2024, with approximately 45% of this total leased square footage related to new tenants and bringing its in-service leased percentage to 88.8% as of September 30, 2024. Rents on leases executed during the third quarter for space vacant one year or less increased approximately 4.0% and 8.5% on a cash and accrual basis, respectively. Commenting on third quarter leasing results, Brent Smith, Piedmont's President and Chief Executive Officer, said, "The portfolio’s leasing momentum continued during the third quarter with the team executing over 461,000 square feet of total leasing, and bringing our total year-to-date leasing to approximately two million square feet. This quarter’s executed
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- Piedmont Office (PDM) Q3 FFO and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Piedmont Office (PDM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Piedmont Office Realty Trust Reports Third Quarter 2024 ResultsGlobeNewswire
PDM
Earnings
- 10/24/24 - Miss
PDM
Sec Filings
- 12/17/24 - Form 8-K
- 11/8/24 - Form 3
- 10/29/24 - Form 4
- PDM's page on the SEC website