---
schema_version: "secwatch.filing_event.v1"
accession: "0001042776-24-000097"
form_type: "8-K"
ticker: "PDM"
cik: "0001042776"
company_name: "Piedmont Realty Trust, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:13:53.402057+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Piedmont Office Realty Q2 net loss widens to $9.8M, but leasing hits decade-high 1M sf

## Summary
- Net loss of $9.8M ($0.08 diluted) vs $2.0M loss a year ago; Core FFO per share $0.37 vs $0.45.
- Completed over 1M sf of leasing (65 deals), including 404k sf new tenant; cash rent roll-up 15.2%.
- Issued $400M 6.875% senior notes due 2029; repaid line of credit and $25M term loan; addresses maturities.
- 2024 Core FFO guidance narrowed to $182-189M ($1.46-1.52); Same Store NOI growth raised to 2-3%.
- Q3 dividend $0.125/share payable Sept 20; leased percentage 87.3%, with $51M future annual cash rents.

## SEC filing metadata
- accession: 0001042776-24-000097
- form_type: 8-K
- ticker: PDM
- cik: 0001042776
- company_name: Piedmont Realty Trust, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042776/000104277624000097/0001042776-24-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042776/000104277624000097/pdm-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001042776-24-000097
- JSON: https://secwatch.observer/filing/0001042776-24-000097.json
- Plain text: https://secwatch.observer/filing/0001042776-24-000097.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.