Atlanta-based Piedmont Office Realty Trust, Inc. $(PDM)$, a prominent owner of Class A office properties in the Sunbelt, announced significant leasing activity in the second quarter of 2025. The company successfully executed over 500,000 square feet of leases, with new tenant agreements accounting for 350,000 square feet, primarily in previously vacant spaces. Noteworthy transactions include a 93,000 square foot lease with a global professional services firm in Dallas and an 84,000 square foot lease with a global frozen food distributor in suburban Minneapolis. With year-to-date leasing totaling over 850,000 square feet, Piedmont has increased its full-year leasing guidance to 1.8 - 2.0 million square feet. CEO Brent Smith highlighted the robust demand and successful execution by the team, positioning Piedmont to capitalize on the demand for high-quality office environments.
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