Piedmont Office Realty Trust, Inc. sold 11695 Johns Creek Parkway for $14 million.
January 12, 2017
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Piedmont Office Realty Trust, Inc. (NYSE:PDM) sold 11695 Johns Creek Parkway for $14 million on December 22, 2016. As part of the deal, the 101,656 sq. ft. property was acquired for $138 per sq. foot.
Piedmont Office Realty Trust, Inc. (NYSE:PDM) completed the sale of 11695 Johns Creek Parkway on December 22, 2016.
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 Companyâs 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.
PIEDMONT OFFICE REALTY TRUST, INC. 
