Piedmont Office Realty Trust

Piedmont Office Realty Trust, Inc. (NYSE: PDM) is a fully integrated and self-managed real estate investment trust (REIT) specializing in the ownership and management of high-quality Class A office buildings located primarily in the ten largest U.S. office markets, including Chicago, Washington, D. C., New York, Dallas, Los Angeles, and Boston. Piedmont's wholly-owned office buildings comprise approximately 21 million rentable square feet. The Company is headquartered in Atlanta, GA, with local management offices in each of its major markets. Investment-grade rated by Standard & Poor's (BBB) and Moody's (Baa2), Piedmont has maintained a low-leverage strategy while transacting almost $6 billion and approximately $1.5 billion in property acquisitions and dispositions, respectively, during its fifteen year operating history.

Type
Public
HQ
Duluth, US
Employees
143 (est)
Piedmont Office Realty Trust is headquartered in Duluth, US

Piedmont Office Realty Trust Locations

Duluth, US

Piedmont Office Realty Trust Metrics

Piedmont Office Realty Trust Summary

Market capitalization

$2.99 B

Closing share price

$20.6
Piedmont Office Realty Trust's latest market capitalization is $2.99 B.

Piedmont Office Realty Trust Financials

Piedmont Office Realty Trust's revenue was $585 M in FY, 2015 which is 3.27% increase from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015

Revenue

$523 M$525 M$521 M$550 M$566 M$585 M

Operating expense total

$385 M

Interest expense

$66.5 M$65.8 M$65 M$73.6 M$74.4 M$74 M

Piedmont Office Realty Trust Market Value History

Piedmont Office Realty Trust News

Piedmont Office Realty Trust Company Life