Piedmont Realty Trust, Inc.
Piedmont Realty Trust, Inc. (NYSE: PDM) is a fully integrated, self-managed real estate investment trust that owns, manages, develops, and operates high-quality Class A office properties primarily located in major U.S. Sunbelt markets. The company operates through its wholly-owned subsidiary, Piedmont Operating… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Piedmont Realty Trust, Inc. does
In the company’s own words
Piedmont Realty Trust, Inc. (NYSE: PDM) is a fully integrated, self-managed real estate investment trust that owns, manages, develops, and operates high-quality Class A office properties primarily located in major U.S. Sunbelt markets. The company operates through its wholly-owned subsidiary, Piedmont Operating Partnership, L.P., and conducts business as a REIT for federal income tax purposes. More information about the company is available at www.piedmontreit.com.
As of December 31, 2025, Piedmont's portfolio comprises approximately 16 million square feet of office space across 29 in-service projects and three redevelopment projects. The in-service portfolio totals approximately 14.9 million square feet and maintains an occupancy rate of 89.6 percent, while redevelopment projects are approximately 62 percent leased. Over 70 percent of the company's annualized lease revenue is generated from Sunbelt market properties, reflecting the company's strategic focus on high-growth regions with strong economic and demographic fundamentals.
Piedmont's tenant base is diversified across multiple industries, with no single tenant representing more than 5 percent of annualized lease revenue. The company leases space primarily to investment-grade and nationally recognized corporations as well as governmental agencies, with an average lease size of approximately 14,000 square feet and an average remaining lease term of six years. The company has achieved an approximate 65 percent tenant retention rate over the past five years.
The company employs 140 people as of December 31, 2025, with approximately one-third based at its corporate headquarters in Atlanta, Georgia, and the remainder distributed across local management offices in each served market. Piedmont is recognized for operational excellence, with approximately 99 percent of its in-service portfolio achieving Building Owners and Managers Association 360 designations as of December 31, 2025.
Piedmont emphasizes environmental sustainability and has been recognized as an ENERGY STAR Partner of the Year for five consecutive years. Approximately 83 percent of the portfolio holds ENERGY STAR ratings, while 74 percent is LEED certified, with 63 percent achieving LEED gold status. The company's primary operating objectives focus on maximizing risk-adjusted returns to stockholders through sustainable growth in funds from operations and long-term capital appreciation.
Company details
- Sector
- Real Estate
- Industry
- Real Estate
- Headquarters
- ATLANTA, GA
- Fiscal year end
- December
- CIK
- 1042776
- SIC
- 6512
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Piedmont Realty Trust, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Piedmont Realty Trust, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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