An update from Piedmont Office ( (PDM) ) is now available.
On February 26, 2025, Piedmont Office Realty Trust appointed Jeffrey J. Donnelly, Deneen L. Donnley, and Stephen E. Lewis as directors, expanding its board to ten members. These appointments bring diverse expertise from the energy, legal, and hospitality sectors, potentially strengthening Piedmont’s strategic positioning and governance. The announcement, made on February 27, 2025, reflects Piedmont’s commitment to enhancing its leadership team with seasoned professionals, which could have positive implications for its operations and stakeholder relations.
More about Piedmont Office
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is a real estate investment trust (REIT) that owns, manages, develops, redevelops, and operates high-quality, Class A office properties primarily located in the Sunbelt region. The company boasts an approximately $5 billion portfolio comprising around 16 million square feet and is recognized as a 2024 ENERGY STAR Partner of the Year – Sustained Excellence.
YTD Price Performance: -19.80%
Average Trading Volume: 782,229
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $896.1M
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