Piedmont Realty Trust (NYSE:PDM) (NYSE:PDM) is a real estate investment trust specializing in single-tenant, industrial and specialty properties under long-term, triple-net leases. Headquartered in Richmond, Virginia, the company focuses on acquiring, owning and managing a diversified portfolio of net lease assets across the United States. Its property types include manufacturing facilities, distribution centers, cold storage sites and other mission-critical industrial facilities, each leased to investment-grade or credit-worthy corporate tenants.
Since its formation, Piedmont has pursued a disciplined growth strategy that combines targeted acquisitions with the structuring of sale-leaseback and build-to-suit transactions. This approach enables corporate occupiers to monetize real estate assets while securing long-term occupancy, and it allows Piedmont to capture stable, predictable cash flows. The portfolio spans a variety of end markets, including healthcare, logistics, consumer goods and automotive, reflecting the company’s emphasis on tenant diversity and resilience.
Geographically, Piedmont Realty Trust leverages its presence in key industrial hubs and emerging markets. Major concentrations of its holdings can be found in the Southeast, the Texas corridor, the Midwest and along primary West Coast distribution gateways. By balancing exposure across established logistics centers and growing secondary markets, the company seeks to optimize the risk-return profile of its holdings and position itself to benefit from evolving supply chain dynamics.
A seasoned management team with deep net lease and capital markets experience oversees Piedmont’s operations. The executive leadership, supported by an internal investment committee and a board of directors with backgrounds in real estate finance, corporate management and institutional investing, directs underwriting, asset management and capital allocation. Through its disciplined underwriting standards and active portfolio management, Piedmont Realty Trust aims to deliver consistent income and sustainable growth for its shareholders.
