Piedmont Office Realty Trust, Inc. | Company profile from Hoover's
 
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Piedmont Office Realty Trust, Inc. · Johns Creek, GA United States · (NYSE: PDM)

Company Description

11695 Johns Creek Pkwy.,
Ste. 350
Johns Creek, GA
30097
United States (Map)
Phone: 770-418-8800
    More Companies in: Johns Creek, Georgia
    More Companies in These Related Industries: Residential Rental Property
    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 NestlĂ© USA. The REIT filed to go public in late 2009. To read the full description, subscribe now.
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    Key Piedmont Office Realty Trust, Inc. Financials

    Company TypePublic - NYSE: PDM

    Headquarters
    Fiscal Year-EndDecember
    2008 Employees109

    Piedmont Office Realty Trust, Inc. Executives

    17 executives listed for Piedmont Office Realty Trust, Inc.'s Johns Creek, GA location.
    TitleName & BioContact
    ChairmanW. Wayne WoodyEmail
    President, CEO, and DirectorDonald MillerEmail
    EVP, CFO, Secretary, and TreasurerRobert BowersEmail

    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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