Piedmont Office Realty Trust Promotes George M. Wells to Executive Vice-President of Real Estate Operations
July 29, 2019 at 04:25 pm EDT
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Piedmont Office Realty Trust has promoted George M. Wells to Executive Vice-President (EVP) of Real Estate Operations, to oversee all property management and asset management areas of the Company, after recent senior management restructuring. In addition, Alex Valente, who most recently served as Senior Vice-President of Piedmont’s Midwest Region based in Chicago, has relocated to Atlanta to serve as EVP of the Company’s Southeast Region, the position most recently held by Mr. Wells.
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.