Piedmont Office Realty Trust, Inc. · Johns Creek, GA United States · (NYSE: PDM)
Company Description
More Companies in: Johns Creek, Georgia
More Companies in These Related Industries: Residential Rental Property
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Piedmont Office Realty Trust provides office space for life in the big city. A self-managed and self-administered real estate investment trust (REIT), the company invests in, develops, and manages primarily Class A office buildings in major US markets. Piedmont owns or partially owns about 75 office and industrial properties, comprising some 20 million sq. ft. of leasable space. Many of its properties are located in Chicago (accounting for about a quarter of its rental revenues), New York City, and Washington, DC. Piedmont's holdings include Chicago's Aon Center and the headquarters buildings for US Bancorp and Nestlé USA . The REIT filed to go public in late 2009. To read the full description, subscribe now.
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Piedmont Office Realty Trust, Inc. Reports
Key Piedmont Office Realty Trust, Inc. Financials
| Company Type | Public - NYSE: PDM Headquarters |
| Fiscal Year-End | December |
| 2008 Employees | 109 |
Piedmont Office Realty Trust, Inc. Executives
17 executives listed for Piedmont Office Realty Trust, Inc.'s Johns Creek, GA location.
| Title | Name & Bio | Contact |
| Chairman | W. Wayne Woody | |
| President, CEO, and Director | Donald Miller | |
| EVP, CFO, Secretary, and Treasurer | Robert Bowers |
Competition
Competitive Landscape for Piedmont Office Realty Trust, Inc.
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top Piedmont Office Realty Trust, Inc. Competitors
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