Piedmont Realty Trust Completes Over 475K Square Feet Of Leasing In Q4, With ~275K Square Feet Related To New Tenants
Benzinga Newsdesk 10 months ago
News
Piedmont 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 is participating in this week's Nareit's
Piedmont 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 is participating in this week's Nareit's REITworld: 2025 Annual Conference in Dallas, TX. The Company has completed over 475,000 square feet of leasing thus far in the fourth quarter, with approximately 275,000 square feet related to new tenants. Almost half of the new tenant leases are for previously vacant space and year-to-date leasing volume now totals approximately 2.3 million square feet. Approximately 44,000 square feet of the new tenant leases relate to the Company's out-of-service portfolio which is now approximately 60% leased.