Piedmont Office Realty Trust, Inc. Appoints Glenn G. Cohen to Serve as A Director, Beginning on March 1, 2020
February 27, 2020 at 04:56 pm
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On February 25, 2020, the Board of Directors of Piedmont Office Realty Trust, Inc. appointed Glenn G. Cohen to serve as a director of the company beginning on March 1, 2020. Mr. Cohen will serve as a member of the Audit Committee. His compensation as a director will be provided on the same basis as that provided to the Registrant's other non-employee directors, described on page 46 of the Registrant's most recent Annual Proxy Statement as filed with the Securities and Exchange Commission on March 19, 2019, which description is incorporated herein by reference.
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.