Piedmont Realty Trust Inc. announced that it has signed over 475,000 square feet of leases so far in the fourth quarter of 2025, with approximately 275,000 square feet leased to new tenants. Nearly half of the new tenant leases are for previously vacant space. The company's year-to-date leasing volume has reached approximately 2.3 million square feet. Additionally, about 44,000 square feet of the new tenant leases are related to Piedmont's out-of-service portfolio, which is now approximately 60% leased. The company reports continued leasing momentum and a late-stage pipeline of approximately 350,000 square feet.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Piedmont Realty Trust Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9597847-en) on December 08, 2025, and is solely responsible for the information contained therein.