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Piedmont Realty boomerangs back to pre-pandemic office leasing volumes

Southeast U.S.-focused REIT points to larger agreements, higher rents as signal of improving office market
Dallas has been a primary landing spot for some of the larger deals landlord Piedmont Realty Trust has recently signed, including at the Three Galleria Tower. (CoStar)
Dallas has been a primary landing spot for some of the larger deals landlord Piedmont Realty Trust has recently signed, including at the Three Galleria Tower. (CoStar)
CoStar News
July 30, 2025 | 6:33 P.M.

Piedmont Realty Trust, one of the largest office real estate investment trusts in the United States, reported its highest quarterly level of new leasing activity since 2018 as tenants commit to larger — and more expensive — deals.

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