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About
Piedmont Office Realty Trust, Inc. engages in the provision real estate business. Its activities include acquisition, investment, development, management, disposing, and ownership of commercial real estate properties throughout the United States. The company was founded on July 3, 1997 and is headquartered in Johns Creek, GA. | |||
Description
Piedmont Office Realty Trust, Inc. engages in the acquisition and ownership of commercial real estate properties in the United States. Its property portfolio primarily consists of office and industrial buildings, warehouses, and manufacturing facilities. As of December 31, 2007, the company owned interests in 83 properties that are wholly owned and controlled through consolidated joint ventures. It has elected to be taxed as a real estate investment trust and would not be subject to federal income tax, if it distributes approximately 90% of its taxable income to its shareholders. The company was incorporated in 1997 and is headquartered in Norcross, Georgia. | |||
