PDM
NYSE · Real Estate · REIT - Office · US
Piedmont Office Realty Trust, Inc. (NYSE:PDM) is a real estate investment trust (REIT) that was founded and went public in February 2010. The company owns, manages, develops, and operates high-quality Class A office properties primarily located in seven major Eastern U.S. office markets, with a strategic focus on the Sunbelt region. Piedmont has grown to become a fully-integrated, self-managed REIT with approximately $5 billion in assets and 17 million square feet of office space. The company maintains local management offices in each of its markets and holds investment-grade credit ratings from both S&P Global Ratings (BBB) and Moody's (Baa2). As of the third quarter of 2024, approximately 63% of the company's portfolio was ENERGY STAR certified and 41% was LEED certified, reflecting its commitment to sustainability.