Piedmont Office Realty Trust, Inc. Announces Cash Dividend for the Fourth Quarter of 2018, Payable on January 3, 2019; Announces Promotion C. Brent Smith to President
October 30, 2018 at 05:01 pm EDT
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Piedmont Office Realty Trust, Inc. announced that the board of directors of Piedmont declared dividends for the fourth quarter of 2018 in the amount of $0.21 per share on its common stock to stockholders of record as of the close of business on November 30, 2018, payable on January 3, 2019.
The company promoted Chief Investment Officer, C. Brent Smith, to President and Chief Investment Officer of the Company. Mr. Smith has served Piedmont as Chief Investment Officer since 2016. Mr. Smith will report to Mr. Miller and work with him on corporate strategy and take a broader role across the Company's platform.
Piedmont Office Realty Trust, Inc. is a fully integrated, self-managed real estate investment trust (REIT). The Company is an owner, manager, developer, redeveloper, and operator of Class A office properties located primarily in major United States Sunbelt markets. The Company conducts business through its wholly owned subsidiary, Piedmont Operating Partnership, L.P. (Piedmont OP). It owns and operates about 51 in-service office properties comprised of approximately 17 million square feet of primarily Class A office space which are 87.1% leased. It has one redevelopment asset comprising about 127,000 square feet in Orlando, Florida. The Companyâs portfolio of properties is primarily located in various metropolitan areas, including Atlanta, Dallas, Northern Virginia/Washington, D.C., Boston, Orlando, Minneapolis, and New York, and others.
Piedmont Office Realty Trust, Inc. Announces Cash Dividend for the Fourth Quarter of 2018, Payable on January 3, 2019; Announces Promotion C. Brent Smith to President
PIEDMONT OFFICE REALTY TRUST, INC. 
