piedmont office realty trust Company Description
Piedmont Office Realty Trust (formerly Wells Real Estate Investment Trust) provides space for office life in the big city. The company acquires, develops, and manages office buildings primarily in the metropolitan areas of Boston, Chicago, Los Angeles, New York, and Washington, DC. Its portfolio includes about 80 office and industrial properties, comprising more than 21 million sq. ft. Founded in 1997, the self-administered and self-managed REIT rents properties in 23 states to tenants, including government agencies and corporations. Among its office buildings are the Aon Center in Chicago and headquarters for businesses such as US Bancorp and Nestlé USA.
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The Company Description provides a historical perspective of piedmont office realty trust's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of piedmont office realty trust's evolution in the marketplace.
