Piedmont REIT signs over 575,000 SF of Leases During April and May 2024

Atlanta, June 03, 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 will be participating at this week’s NAREIT Investor Conference in New York City. The Company will be noting that it has completed over 575,000 square feet of leasing thus far in the second quarter of 2024, with approximately 60% of this total leased square footage related to new tenants and bringing year-to-date leasing volume to approximately 1.1 million square feet. The largest lease completed thus far in the second quarter was for the relocation of Travel + Leisure Co’s (NYSE:TNL) headquarters to Piedmont’s 501 W Church Street property in downtown, Orlando. Other noteworthy leases completed during the second quarter included an extension for Ryan, Inc. at Three Galleria Tower in Dallas, TX, and the renewal of the International Food Policy Research Institute at 1201 Eye Street in Washington, D.C.

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