reports
Travel + Leisure Chooses Piedmont’s 501 W. Church Building in Downtown...
Travel + Leisure Chooses Piedmont’s 501 W. Church Building in Downtown Orlando for New Headquarters Location Will Result in the Relocation of Approximately 900 Jobs to Downtown Orlando Atlanta, May 14, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, and the largest owner of office properties in Orlando, announced today that Travel + Leisure Co (NYSE:TNL), the world’s leading membership and leisure travel company, has chosen Piedmont’s 501 W. Church building located in downtown O...
Piedmont Office Realty Trust Reports First Quarter 2024 Results
Piedmont Office Realty Trust Reports First Quarter 2024 Results Atlanta, April 30, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter ended March 31, 2024 which included significant leasing activity, strong Same Store NOI growth, as well as previously announced refinancing and disposition activity. Highlights for the Three Months Ended March 31, 2024: Financial Results: Three Months Ended(in 000s...
Piedmont Office Realty Trust Declares Second Quarter Dividend
Piedmont Office Realty Trust Declares Second Quarter Dividend Atlanta, April 24, 2024 (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 $0.125 per share, or $0.50 per share on an annualized basis, for the second quarter of 2024. The dividend will be paid on June 14, 2024 to stockholders of record as of the close of business on May 24, 2024. About Piedmont Office Realty Trust Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an ...
Piedmont Office Realty Trust, Inc. to Report First Quarter 2024 Financ...
Piedmont Office Realty Trust, Inc. to Report First Quarter 2024 Financial Results Atlanta, April 09, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its first quarter financial results on Tuesday, April 30, 2024, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Wednesday, May 1, 2024 at 9:00 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 Company’s management t...
Piedmont Office Realty Trust Earns ENERGY STAR® Partner Of The Year Su...
Piedmont Office Realty Trust Earns ENERGY STAR® Partner Of The Year Sustained Excellence Atlanta, March 28, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an owner of Class A office properties located primarily in the Sun Belt, announced today that the U.S. Environmental Protection Agency and the U.S. Department of Energy has recognized the company with its highest level of recognition - 2024 ENERGY STAR Partner of the Year – Sustained Excellence. The sustained excellence distinction is awarded to organizations who have earned Partner of the Year for ...
Piedmont Completes Sale of One Lincoln Park
Piedmont Completes Sale of One Lincoln Park Uses Sale Proceeds to Pay off Maturing Debt Atlanta, March 20, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont") ("Company") (NYSE:PDM), an owner of Class A office properties located primarily in the Sun Belt, announced today that it has completed the sale of One Lincoln Park, located at 8401 North Central Expressway in Dallas, TX for $54 million, or $210 per square foot, in an all-cash transaction to a financial institution who plans to use the building as its headquarters. The building is a 10-story, approximatel...
Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2023 Re...
Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2023 Results Atlanta, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter ended December 31, 2023. Highlights for the Three Months and Year Ended December 31, 2023: Financial Results: Three Months Ended Year Ended(in 000s other than per share amounts )December 31, 2023December 31, 2022 December 31, 2023December 31, 2022...
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND Atlanta, Feb. 01, 2024 (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 $0.125 per share, or $0.50 per share on an annualized basis, for the first quarter of 2024. The dividend will be paid on March 15, 2024 to stockholders of record as of the close of business on February 23, 2024. About Piedmont Office Realty Trust Piedmont Office Realty Trust, Inc. (N...
Piedmont Office Realty Trust Announces Tax Treatment of 2023 Dividends
Piedmont Office Realty Trust Announces Tax Treatment of 2023 Dividends Atlanta, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today the tax treatment of its 2023 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 DatePaid DateDividend per ShareOrdinary DividendsCapital GainsUnrecaptured Section 1250 Qualified DividendSection 199A Dividend RateNov 25, 2022Jan 3, 2023$0....
Piedmont Office Realty Trust, Inc. to Report Fourth Quarter and Annual...
Piedmont Office Realty Trust, Inc. to Report Fourth Quarter and Annual 2023 Financial Results Atlanta, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter financial results on Wednesday, February 7, 2024, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Thursday, February 8, 2024 at 9:00 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 Co...
Piedmont Office Realty Trust Announces Pricing of an Add-on Offering o...
Piedmont Office Realty Trust Announces Pricing of an Add-on Offering of Senior Notes Atlanta, Dec. 05, 2023 (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 add-on offering of $200 million aggregate principal amount of its 9.250% senior notes due 2028 (the “additional 2028 notes”) at 101.828% of the principal amount. The offering is expected to close on December 11, 2023, subject to the satisfaction of customary clos...
Piedmont Office Realty Trust Reports Third Quarter 2023 Results
Piedmont Office Realty Trust Reports Third Quarter 2023 Results Atlanta, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter ended September 30, 2023. Highlights for the Three Months Ended September 30, 2023: Financial Results: Three Months Ended(in 000s other than per share amounts )September 30, 2023September 30, 2022Net income/(loss) applicable to Piedmont$(17,002)$3,331Net income/(lo...
U.S. BANCORP RENEWS 447,000 SF HEADQUARTERS IN MINNEAPOLIS, MN
U.S. BANCORP RENEWS 447,000 SF HEADQUARTERS IN MINNEAPOLIS, MN Atlanta, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE: PDM) announced today that it has renewed all of U.S. Bancorp (NYSE: USB)’s 447,000 square-foot global headquarters at its 800 Nicollet Mall property in Minneapolis, MN. Minneapolis-based U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. Employees of U.S. Bancorp have worked in the iconic tower that bears its name, U.S. Bancorp Center, since the building opened in 2...
GE Vernova Chooses Piedmont’s Atlanta Galleria for New Strategic Hub
GE Vernova Chooses Piedmont’s Atlanta Galleria for New Strategic Hub Atlanta, Oct. 30, 2023 (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 new 77,000 square-foot lease through 2036 with GE Vernova, a planned 2024 spinoff of General Electric Company that will focus on electrifying the world while simultaneously working to decarbonize it. The company has selected 600 Galleria Parkway, a LEED-Gold designated property and one of five buildings owned by ...
PIEDMONT OFFICE REALTY TRUST DECLARES FOURTH QUARTER DIVIDEND
PIEDMONT OFFICE REALTY TRUST DECLARES FOURTH QUARTER DIVIDEND Atlanta, Oct. 25, 2023 (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 $0.125 per share, or $0.50 per share on an annualized basis, for the fourth quarter of 2023. The dividend will be paid on January 2, 2024 to stockholders of record as of the close of business on November 24, 2023. About Piedmont Office Realty Trust Piedmont Office Realty Trust, Inc. (NYSE: PDM) ...
Piedmont Office Realty Trust, Inc. to Report Third Quarter 2023 Financ...
Piedmont Office Realty Trust, Inc. to Report Third Quarter 2023 Financial Results Atlanta, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its third quarter financial results on Monday, October 30, 2023, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Tuesday, October 31, 2023, at 9:00 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 Company’s manageme...
PIEDMONT OFFICE REALTY TRUST DECLARES THIRD QUARTER DIVIDEND
PIEDMONT OFFICE REALTY TRUST DECLARES THIRD QUARTER DIVIDEND Atlanta, July 26, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that due to increased interest expense its board of directors has declared a regular quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis, for the third quarter of 2023. The dividend will be paid on September 15, 2023 to stockholders of record as of the close of business on August 25, 2023. About Piedmont Office Realty Trust ...
PIEDMONT OFFICE REALTY TRUST ANNOUNCES RESULTS OF TENDER OFFER FOR ANY...
PIEDMONT OFFICE REALTY TRUST ANNOUNCES RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS OUTSTANDING 4.450% SENIOR NOTES DUE 2024 Atlanta, July 25, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (“Piedmont” or the “Company”) (NYSE: PDM), today announced the results, as of 5:00 p.m., New York City time, on July 24, 2023 (the “Expiration Time”), of the previously announced cash tender offer of its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), to purchase any and all of its outstanding 4.450% senior notes due 2024 (the “notes”). The cash t...
Piedmont Office Realty Trust Announces Closing of Senior Notes Offerin...
Piedmont Office Realty Trust Announces Closing of Senior Notes Offering and Reports Second Quarter 2023 Results —Moves Up Earnings Call to Provide Update— Atlanta, July 20, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, announced today that its operating partnership, Piedmont Operating Partnership, LP, has completed the issuance of $400 million aggregate principal amount of 9.25% senior unsecured notes due 2028 (the "2028 Notes"), rated BBB by S&...
Piedmont Office Realty Trust Announces Pricing of Senior Notes Offerin...
Piedmont Office Realty Trust Announces Pricing of Senior Notes Offering Atlanta, July 18, 2023 (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 $400 million aggregate principal amount of 9.250% senior unsecured notes due 2028 at 99.000% of the principal amount. The offering is expected to close on July 20, 2023, subject to the satisfaction of customary closing conditions. Piedmont intends to use the ne...
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