{"id":5797,"date":"2022-04-13T03:46:59","date_gmt":"2022-04-13T08:46:59","guid":{"rendered":"https:\/\/1reason.com\/re\/piedmont-office-realty-trust-secures-large-renewal-in-irving-tx\/5797\/"},"modified":"2022-04-13T22:46:59","modified_gmt":"2022-04-14T03:46:59","slug":"piedmont-office-realty-trust-secures-large-renewal-in-irving-tx","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/piedmont-office-realty-trust-secures-large-renewal-in-irving-tx\/5797\/","title":{"rendered":"Piedmont Office Realty Trust Secures Large Renewal in Irving, TX"},"content":{"rendered":"<div> John Carpenter Freeway in Irving, Texas. This renewal addresses Piedmont\u2019s largest 2022 expiration with positive economic metrics and currently leaves only 5% in scheduled expirations in the Company\u2019s portfolio for the remainder of 2022.          <\/p>\n<p>\u201cWe are excited to build upon our valued relationship withan important tenantat this strategic office location,\u201d said Joe Pangburn, Piedmont\u2019s Executive Vice President \u2013 Southwest Region. \u201cThe sustainability focused, LEED Gold project provides an unmatched onsite amenity set that will be further modernized to ensure the best-in-class work experience for all our tenants at the building.\u201d<\/p>\n<p><img loading=\"lazy\" alt=\"\" class=\"hugin lazyload\" data-mce-src=\"\/api\/ImageRender\/DownloadFile?resourceId=9cc6fd1f-8e5a-4a1e-9bd6-fdab1f195198&amp;size=3\" height=\"288.0px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" width=\"276.09px\" data-src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/9cc6fd1f-8e5a-4a1e-9bd6-fdab1f195198\"><\/p>\n<p>750 W. John Carpenter Freeway is located in the heart of Irving with direct visibility from State Highway 114. Piedmont is commencing renovations at the project including a lobby redesign, a tenant amenity lounge, enhanced food service offerings, and expanded outdoor collaboration space. The property also provides tenants with a 100-person conference center and a large, on-site fitness facility in addition to a tenant shuttle for direct access to the Toyota Music Factory and other nearby food and retail amenities.<\/p>\n<p><strong>About Piedmont Office Realty Trust<\/strong><\/p>\n<p>Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in the Sunbelt. Its approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&amp;P Global Ratings (BBB) and Moody\u2019s (Baa2). Piedmont is a 2021 ENERGY STAR Partner of the Year. For more information, see <a href=\"http:\/\/www.piedmontreit.com\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.piedmontreit.com\">www.piedmontreit.com<\/a>.<\/p>\n<p align=\"justify\">Contact:    Sarah Heimlich<br \/>Company:  Piedmont Office Realty Trust<br \/>Phone:     770 418 8800<br \/>Email:     investor.relations@Piedmontreit.com<\/p>\n<\/p>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/MDUxOTU5NDQtYWU1Yi00OGZjLWEyMGUtODFhN2I3OTc0MjVjLTEwMjIxMjM=\/tiny\/Piedmont-Office-Realty-Trust-I.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>Atlanta, March 17, 2022 (GLOBE NEWSWIRE) &#8212; Piedmont Office Realty Trust, Inc. (&#8220;Piedmont&#8221;) (NYSE:PDM), an owner of Class A office properties located primarily in the Sunbelt, today announced that it has secured a lease renewal through 2028 witha national pharmaceutical retailerfor approximately 164,000 square feet at 750 W.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5797"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=5797"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5797\/revisions"}],"predecessor-version":[{"id":5805,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/5797\/revisions\/5805"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=5797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=5797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=5797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}