PDM - Piedmont Office Realty Trust Inc.

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PDM Profile

Piedmont Office Realty Trust, Inc. (NYSE: PDM) operates as a comprehensive real estate investment trust (REIT), specializing in owning, managing, developing, redeveloping, and operating high-quality Class A office properties. Its strategic focus spans across key sub-markets within seven major Eastern U.S. office markets, predominantly concentrated in the Sunbelt region. With a diverse portfolio valued at approximately $5 billion, Piedmont Office Realty Trust currently oversees around 17 million square feet of prime office space.

As a fully-integrated REIT, Piedmont Office Realty Trust prides itself on local market expertise, maintaining dedicated management offices in each operational region. The company holds investment-grade ratings from S&P Global Ratings (BBB) and Moody's (Baa2), underscoring its financial stability and strong creditworthiness. Notably, sustainability is a core pillar of Piedmont's operational philosophy, with approximately 63% of its portfolio certified by ENERGY STAR and approximately 41% accredited with LEED certification as of the end of the third quarter.

Piedmont Office Realty Trust continues to pursue growth opportunities through strategic property acquisitions, developments, and sustainable initiatives. By leveraging its robust market presence and commitment to environmental responsibility, the company aims to enhance shareholder value while fostering sustainable practices within the commercial real estate sector.

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