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Cousins, Piedmont Office Avoid Major Meltdowns in Office Market

Two Southeast-Focused REITs Signed New, Renewal Leases, Though at Lower Levels, in Fourth Quarter
Piedmont Office Realty Trust signed a new tenant, a General Electric unit involved in nuclear power, to a lease at Galleria 600 in Atlanta. (CoStar)
Piedmont Office Realty Trust signed a new tenant, a General Electric unit involved in nuclear power, to a lease at Galleria 600 in Atlanta. (CoStar)
CoStar News
February 8, 2024 | 6:58 P.M.

Two real estate investment trusts focused on office properties in the southeastern United States reported a decline in office-leasing activity in late 2023, although one REIT provided tenants with less money for space improvements.

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News | Cousins, Piedmont Office Avoid Major Meltdowns in Office Market