Piedmont Realty Trust, Inc. Signs over 475,000 SF of Leases Fourth Quarter-to-Date Bringing Year to Date Leasing to Approximately 2.3 million Square Feet

Core Insights - Piedmont Realty Trust is actively participating in the Nareit's REITworld: 2025 Annual Conference in Dallas, TX, highlighting its engagement in the real estate investment sector [1] - The company has achieved significant leasing activity in the fourth quarter, with over 475,000 square feet leased, including approximately 275,000 square feet to new tenants [1][2] - Year-to-date leasing volume has reached approximately 2.3 million square feet, indicating strong demand for its properties [1] - The out-of-service portfolio is now approximately 60% leased, with 44,000 square feet of new tenant leases related to this segment [1] Operational Performance - Brent Smith, the President and CEO, noted that leasing momentum has been at a record pace during the fourth quarter, driven by renovated buildings and a customer-centric approach [2] - The company anticipates a record leasing year, supported by an additional 350,000 square feet in the late-stage pipeline, which is expected to provide momentum into 2026 [2] Company Overview - Piedmont Realty Trust is a fully integrated, self-managed real estate investment company focused on Class A office properties across major U.S. Sunbelt markets, managing approximately 16 million square feet [3] - The company is recognized for its hospitality-driven approach and commitment to enhancing workplace experiences through its "Piedmont PLACEs" initiative [3]