Piedmont Office Realty Trust Reports First Quarter 2021 Results
Retrieved on:
Wednesday, April 28, 2021
We were able to execute almost as many new leases during the first quarter of 2021 as we did during the last three quarters of 2020 combined.
Key Points:
- We were able to execute almost as many new leases during the first quarter of 2021 as we did during the last three quarters of 2020 combined.
- Further, we continue to have good activity in our leasing pipeline and anticipate continued momentum into the second quarter.
- Because of the long-term renewal of these 100% leased, single-tenant properties, the Company began marketing these assets for sale during the first quarter.
- The Company is actively working to expand the WELL program to a number of its other properties.\nPiedmont has recently partnered with Morehouse College in Atlanta, GA and Howard University in Washington, D.C. to introduce the Piedmont Office Realty Trust Scholarship Program.