Highest-materiality recent filing
Piedmont Realty ups term loan to $400M, extends maturity to May 2031
Term loan increased by $75M to $400M; existing $325M plus $75M incremental from new and existing lenders.
Shareholders approve 5M-share incentive plan increase; all director nominees elected
Stockholders approved Third Amended and Restated Omnibus Incentive Plan, increasing share pool by 5M to 18.7M shares.
Piedmont Realty Trust releases Q1 2026 earnings; filing omits specific figures
Earnings release and supplemental information issued on April 30, 2026, and posted to the company's website.
Piedmont Realty Trust releases Q4 2025 and full-year 2025 earnings
Earnings release and supplemental package issued Feb 11, 2026 for quarter and year ended Dec 31, 2025.
Piedmont Realty promotes Alex Valente to Co-COO effective immediately
Alex Valente, 40, appointed Executive VP and Co-COO effective Feb 3, 2026.
Piedmont issues $400M 5.625% Senior Notes due 2033 to refinance higher-cost 2028 notes
Issued $400M 5.625% Senior Notes due Jan 15, 2033; interest payable semi-annually starting July 15, 2026.
Piedmont Realty Trust commences cash tender offer for all $532M of 9.250% senior notes due 2028
Principal amount $532,460,000; fixed spread 95 bps over 3.50% UST due Nov 15, 2028.
Piedmont Realty Trust reports Q3 2025 results; details unavailable from filing text
Third quarter 2025 earnings release and supplemental information issued on October 27, 2025.
Piedmont amends credit agreements to remove SOFR credit spread adjustment
Removed credit spread adjustment from SOFR rates on revolving and term loan facilities.
Piedmont files new shelf registration, amends ATM program for up to $250M
Filed new Form S-3 shelf registration replacing prior one; no specific issuance currently contemplated.
Piedmont Realty Trust reports Q2 2025 earnings; detailed numbers not disclosed in filing excerpt
Issued earnings release and supplemental information for Q2 2025 on July 28, 2025.
Piedmont Office Realty Trust changes name to Piedmont Realty Trust; ticker PDM unchanged
Name changed to 'Piedmont Realty Trust, Inc.' effective June 6, 2025 via charter amendment; no shareholder vote required.
Piedmont Office Realty Trust reports 2025 Annual Meeting voting results
All nine director nominees elected with >83M votes each for one-year terms expiring 2026.
Piedmont Office Realty Trust files Q1 2025 earnings; full results not available in excerpt
Earnings release and supplemental info for Q1 2025 furnished April 28, 2025 via Exhibit 99.1.
Piedmont appoints Donnley, Lewis, Donnelly as directors; board now 10 members
Deneen Donnley (SVP & GC, Con Edison), Stephen Lewis (retired Chair/CEO, Troutman Pepper), and Jeffrey Donnelly (CEO, DiamondRock Hospitality) joined board effective Feb 26, 2025.
Piedmont Q4 net loss $30M, Core FFO $0.37; guides FY25 lower; 2024 leasing strongest in 9 years
Net loss Q4 $30M ($0.24/diluted), full year net loss $79M ($0.64) vs $48M loss prior year.
Piedmont increases term loan by $125M, extends revolver to 2028, repays $250M loan
Amended $200M term loan to $325M; added two six-month extension options.
Piedmont Office Realty EVP Robert Wiberg to depart Dec 31; $10k/month consulting
Robert K. Wiberg, EVP - Northwest and Head of Development, will leave Piedmont Office Realty effective December 31, 2024.
Piedmont Office posts Q3 Core FFO $0.36, down from $0.43 YoY; YTD leasing hits 2M sf
Core FFO per diluted share $0.36 vs $0.43 in Q3 2023; net loss improved to $11.5M from $17.0M.
Piedmont appoints Sherry Rexroad as CFO effective Nov 8, 2024; Bowers to depart Dec 31
Sherry Rexroad appointed CFO, initially joining as EVP Finance on Oct 1, 2024, then CFO Nov 8, 2024.
Piedmont Office Realty Q2 net loss widens to $9.8M, but leasing hits decade-high 1M sf
Net loss of $9.8M ($0.08 diluted) vs $2.0M loss a year ago; Core FFO per share $0.37 vs $0.45.
Piedmont Office Realty Trust issues $400M of 6.875% Senior Notes due 2029
Issued $400M aggregate principal of 6.875% Senior Notes due July 15, 2029; interest semi-annual starting Jan 15, 2025.
Piedmont amends credit facilities to permit convertible debt; appoints Kelly Barrett as Board Chair
Entered amendments to $200M, $250M, and $600M unsecured credit facilities to conform terms and permit certain convertible indebtedness.
Piedmont Q1 net loss $27.8M on $18.4M impairment; Core FFO $0.39 vs $0.46 YoY
Net loss of $27.8M ($0.22 diluted) vs loss of $1.4M ($0.01) in Q1 2023, including $18.4M impairment charges.
Piedmont posts Q4 net loss of $28M; Core FFO $0.41 vs $0.50 YoY; guides 2024 Core FFO $1.46-$1.56
Net loss $28M in Q4 (vs $75.6M income in Q4 2022); diluted EPS -$0.23.
Piedmont OP enters $200M unsecured term loan to refinance $290M of existing debt
New $200M floating-rate term loan matures Jan 29, 2027; proceeds used to repay $100M Dec 2024 loan and $190M of $215M loan due Jan 31, 2024.
Piedmont Office Realty Trust issues $200M additional 9.250% Senior Notes due 2028
Issued $200M aggregate principal of 9.250% Senior Notes due July 20, 2028, under existing indenture.
Piedmont posts Q3 net loss of $17M; Core FFO down 14% to $0.43; leases 302k sf
Net loss of $17M ($0.14 diluted loss) vs net income of $3.3M ($0.03 EPS) in Q3 2022.
Piedmont tender offer for 4.450% notes due 2024: $349.8M of $400M tendered (87.5%)
Tender offer results: $349.8M principal tendered plus $0.5M via guaranteed delivery, total 87.5% of $400M outstanding.
Piedmont Q2 net loss $2.0M ($0.02/sh); issues $400M 9.25% notes; lowers Core FFO guidance
Net loss applicable to Piedmont of $2.0M vs net income $8.0M in Q2 2022; diluted EPS -$0.02 vs +$0.06.
Piedmont issues $400M 9.250% notes due 2028; proceeds for tender of 4.45% notes
Issued $400M aggregate principal of 9.250% Senior Notes due July 20, 2028, with semi-annual interest.
Piedmont Office Realty Trust commences tender offer to repurchase all $400M of 4.450% notes due 2024
Tender offer for any and all $400M aggregate principal of 4.450% senior notes due 2024 at $1,000 per $1,000 principal plus accrued interest.
Piedmont Office Realty Trust reports 2023 annual meeting voting results
All nine director nominees elected with over 89M votes each; broker non-votes of 11.3M.
Piedmont Q1 net loss $1.4M; Core FFO $0.46/shr; leasing volume 544K sf; dividend $0.21
Net loss applicable to Piedmont $1.4M vs net income $60.0M in Q1 2022 (incl. $50.7M prior-year gain).
Piedmont files 8-K/A to correct typographical errors in Q4 2022 supplemental data
Corrected typographical errors on diluted EPS and Core FFO per share for all periods in Q4 2022 supplemental.
Piedmont Q4 2022: Net income $75.6M, Core FFO $0.50; 2023 guidance Core FFO $1.80-$1.90
Q4 net income $75.6M ($0.61 diluted EPS) vs net loss $31.8M in Q4 2021; includes $101.1M gain on sale of Cambridge, MA assets.
Piedmont OP enters $215M floating-rate term loan to refinance June 2023 notes
$215M unsecured term loan with one-year term and option to extend to Jan 31, 2025.
Piedmont extends $200M term loan to June 2025; appoints Mary Hager to board
Amended $200M unsecured term loan facility to extend final maturity to June 18, 2025, with a six-month extension option.
Piedmont Q3 Core FFO $0.50/sh flat YoY; narrows 2022 Core FFO guidance to $1.99-$2.01
Net income applicable to Piedmont $3.3M ($0.03/diluted share) in Q3 2022, down from $11.3M ($0.09) in Q3 2021.
Piedmont OP assumes $197M fixed-rate loan for 1180 Peachtree at 4.1% due 2028
Piedmont OP assumed $197M loan secured by 1180 Peachtree in Atlanta; fixed rate 4.1%, maturity Oct 1, 2028.
Piedmont appoints Tesh Durvasula as independent director, effective Aug 1
Venkatesh ("Tesh") S. Durvasula appointed to board and Capital Committee.
Piedmont files new shelf registration and $250M ATM equity distribution agreement
Filed new S-3 shelf registration replacing expiring one; no immediate offerings planned.
Net income $8.0M ($0.06/shr) vs $9.9M ($0.08/shr) YoY; Core FFO $0.50/shr vs $0.48/shr.
Piedmont OP enters $200M unsecured term loan to fund 1180 Peachtree acquisition
$200M delayed-draw floating-rate unsecured term loan facility entered July 22, 2022.
Piedmont expands credit facility to $600M, extends maturity to 2026
Line of credit increased from $500M to $600M; maturity extended from Sept 2022 to June 30, 2026.
Elected all seven director nominees to one-year terms expiring 2023, including Kelly H. Barrett, Glenn G. Cohen, Barbara B. Lang, Frank C. McDowell, C. Brent Smith, Jeffery L. Swope, Dale H. Taysom.
Piedmont Office Realty Q1 Core FFO $0.51, up 6% YoY; raises 2022 FFO guidance midpoint $0.01
Net income $60M ($0.49 diluted) incl. $50.7M gain on sale; Core FFO $0.51 (up 6% YoY).
Piedmont Office reports Q4 2021 net loss of $31.8M on $41M impairment; Core FFO $0.51/share
Net loss applicable to Piedmont of $31.8M ($0.26 diluted EPS) for Q4 2021; includes $41M impairment on Chicago asset.
Piedmont Q3 Core FFO $0.50/sh; raises guidance; buys 999 Peachtree ($223.9M)
Net income $11.3M ($0.09/sh), Core FFO $62M ($0.50/sh), both up YoY.
Piedmont Office Realty issues $300M 2.750% Notes due 2032, repays term loan
Issued $300M aggregate principal of 2.750% Senior Notes due April 1, 2032.
On February 26, 2025, the Board of Directors of Piedmont Office Realty Trust, Inc. (the "Registrant") appointed Jeffrey J. Donnelly, Deneen L. Donnley, and Stephen E. Lewis to serve as directors of the Registrant, effective February 26, 2025, with committee appointments to be determined at a later date.
On February 26, 2025, the Board of Directors of Piedmont Office Realty Trust, Inc. (the "Registrant") appointed Jeffrey J. Donnelly, Deneen L. Donnley, and Stephen E. Lewis to serve as directors of the Registrant, effective February 26, 2025, with committee appointments to be determined at a later date.
On February 26, 2025, the Board of Directors of Piedmont Office Realty Trust, Inc. (the "Registrant") appointed Jeffrey J. Donnelly, Deneen L. Donnley, and Stephen E. Lewis to serve as directors of the Registrant, effective February 26, 2025, with committee appointments to be determined at a later date.
Ms. Rexroad will succeed Robert Bowers in his role as Executive Vice President & Chief Financial & Administrative Officer.
The board of directors of Piedmont Office Realty Trust, Inc. (the “Company”) has appointed Sherry Rexroad as Chief Financial Officer of the Company, effective November 8, 2024.
appointed Mary Hager to serve as a director of the Registrant, effective December 13, 2022.
On July 27, 2022, the Board of Directors of Piedmont Office Realty Trust, Inc. (the "Registrant") appointed Venkatesh S. Durvasula to serve as a director of the Registrant, effective August 1, 2022.
Max materiality 0.80 · Median 0.53 · Most common event earnings