Piedmont Realty Trust Q3 2025 Earnings Release

Piedmont Realty Trust, Inc. reported its financial results for the third quarter of 2025, highlighting strong leasing performance. The company executed approximately 724,000 square feet of total leasing, including over half a million square feet of new tenant leases, the highest in over a decade. The portfolio's leased percentage increased to 89.2%, driven by robust demand. Financial results showed a net loss of $13.5 million, or $0.11 per diluted share, compared to a net loss of $11.5 million in the same period last year. Core FFO was $0.35 per diluted share, slightly down from $0.36 in Q3 2024. The company also provided updated guidance for 2025, narrowing its Core FFO range to $1.40-$1.42 per diluted share.