Piedmont Office Realty Trust, Inc. · Johns Creek, GA United States
Company Description
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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 markets throughout the US. Piedmont owns or partially owns more than 80 office and industrial properties, comprising more than 21 million sq. ft. of leasable space. Many of its properties are located in Chicago (which provides about a quarter of its rental revenues), New York City, and Washington, DC. Piedmont's holdings include Chicago's Aon Center and the headquarter buildings for US Bancorp and Nestlé USA . The REIT was founded in 1997. To read the full description, subscribe now.
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Key Piedmont Office Realty Trust, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $622.0 |
| Employees | 106 |
Piedmont Office Realty Trust, Inc. Executives
13 executives listed for Piedmont Office Realty Trust, Inc.'s Johns Creek, GA location.
| Title | Name & Bio | Contact |
| Chairman | W. Wayne Woody | Network |
| President, CEO, and Director | Donald Miller | Network |
| EVP, CFO, Secretary, and Treasurer | Robert Bowers | Network |
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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