Piedmont Realty Trust, Inc. Overview
Pro stress-test →Piedmont Realty Trust is a Maryland REIT engaged in the ownership, management, development, redevelopment, and operation of high-quality, Class A office properties located primarily in major U.S. Sunbelt markets. As an owner, manager, developer and operator of approximately 16 million square feet of Class A properties, Piedmont is known for its hospitality-driven approach and commitment to transforming buildings into premier "Piedmont PLACEs" that enhance each client's workplace experience.
Strategic Profile
Pro stress-test →Management's focus on leasing, asset upgrades, and Sunbelt market exposure supports occupancy gains, rent growth, and reduced tenant incentives. In Q1 2026, Piedmont increased its core FFO guidance and same-store NOI cash and GAAP guidance by 100 basis points, reflecting strong operational performance.
Industry Context
Pro stress-test →Piedmont Realty Trust, Inc. operates in Office REITs.
Key facts
Founded: 1997 · Headquarters: Atlanta, Georgia · Employees: N/A · Revenue: Estimated $600M-$700M annually based on 16M SF Class A portfolio · Market cap: N/A