Company Piedmont Office Realty Trust, Inc.

Equities

PDM

US7201902068

Commercial REITs

Real-time Estimate Cboe BZX 01:14:34 08/05/2024 am IST 5-day change 1st Jan Change
6.945 USD -1.21% Intraday chart for Piedmont Office Realty Trust, Inc. +0.80% -2.32%

Business Summary

Piedmont Office Realty Trust, Inc. is a fully integrated, self-managed real estate investment trust (REIT). The Company is an owner, manager, developer, redeveloper, and operator of Class A office properties located primarily in major United States Sunbelt markets. The Company conducts business through its wholly owned subsidiary, Piedmont Operating Partnership, L.P. (Piedmont OP). It owns and operates about 51 in-service office properties comprised of approximately 17 million square feet of primarily Class A office space which are 87.1% leased. It has one redevelopment asset comprising about 127,000 square feet in Orlando, Florida. The Company’s portfolio of properties is primarily located in various metropolitan areas, including Atlanta, Dallas, Northern Virginia/Washington, D.C., Boston, Orlando, Minneapolis, and New York, and others.

Number of employees: 150

Sales per Business

USD in Million2022Weight2023Weight Delta
Rental and Tenant Reimbursement
96.1 %
546 96.8 % 555 96.1 % +1.75%
Other Property Related Income
3.6 %
16 2.9 % 21 3.6 % +26.69%
Property Management Fee
0.3 %
2 0.3 % 2 0.3 % +3.22%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
96.2 %
539 95.6 % 556 96.2 % +3.03%
Other
3.8 %
25 4.4 % 22 3.8 % -9.47%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 09/12/09
Director of Finance/CFO 67 16/07/16
Chief Investment Officer 53 01/17/01
Chief Operating Officer 61 -
Corporate Officer/Principal 51 -
Corporate Secretary - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal 38 -
Comptroller/Controller/Auditor 53 16/07/16

Members of the board

Members of the board TitleAgeSince
Director/Board Member 60 01/20/01
Director/Board Member 74 01/15/01
Director/Board Member 57 01/22/01
Director/Board Member 64 13/22/13
Director/Board Member 59 01/16/01
Chief Executive Officer 48 09/12/09
Director/Board Member 80 02/15/02

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 123,891,340 122,344,349 ( 98.75 %) 0 98.75 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
15.21 %
18,825,523 15.21 % 132 M $
BlackRock Advisors LLC
11.84 %
14,653,193 11.84 % 103 M $
6,255,885 5.053 % 44 M $
Private Management Group, Inc.
3.729 %
4,616,526 3.729 % 32 M $
LSV Asset Management
3.620 %
4,481,294 3.620 % 32 M $
Charles Schwab Investment Management, Inc.
2.756 %
3,412,069 2.756 % 24 M $
Geode Capital Management LLC
2.417 %
2,992,604 2.417 % 21 M $
Fuller & Thaler Asset Management, Inc.
2.273 %
2,814,266 2.273 % 20 M $
Wilsey Asset Management, Inc.
2.098 %
2,597,119 2.098 % 18 M $
Teachers Advisors LLC
1.763 %
2,183,081 1.763 % 15 M $

Company contact information

Piedmont Office Realty Trust, Inc.

5565 Glenridge Connector Suite 450

30342, Atlanta

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http://www.piedmontreit.com
address Piedmont Office Realty Trust, Inc.(PDM)
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