GE Vernova Chooses Piedmont’s Atlanta Galleria for New Strategic Hub
31 10월 2023 - 5:15AM
Piedmont Office Realty Trust, Inc. ("Piedmont") (NYSE:PDM), an
owner of Class A office properties located primarily in the
Sunbelt, today announced that it has signed a new 77,000
square-foot lease through 2036 with GE Vernova, a planned 2024
spinoff of General Electric Company that will focus on electrifying
the world while simultaneously working to decarbonize it. The
company has selected 600 Galleria Parkway, a LEED-Gold designated
property and one of five buildings owned by Piedmont in Atlanta’s
Galleria on the Park, as one of its strategic U.S. locations.
"We are thrilled to welcome a world class company such as GE
Vernova to Galleria on the Park,” said Alex Valente, Executive Vice
President for Piedmont’s Southeast region. “Galleria’s vibrant
environment, along with its unmatched, recently modernized onsite
amenity set, and superior accessibility make it the ideal location
for innovative companies such as GE Vernova that are focused on
using quality office space to recruit and retain valuable talent in
today’s competitive workplace. Including this lease, we
have signed almost 800,000 square feet of new tenant leases at
Galleria on the Park since 2020, including 10 new corporate or
regional relocations. GE Vernova is the capstone to over 70 new
deals at the project, addressing our last remaining large block of
vacancy and taking the leased percentage of the 2.1 million square
foot complex to 90% .”
Conveniently and uniquely connected to Truist Park and The
Battery by a pedestrian bridge, Galleria on the Park’s 2.1 million
square feet include five office buildings and three development
sites surrounding a 6-acre, centrally located park, all with
skyline views and with prominent visibility and direct access to
major thoroughfares, I-75 and I-285. Since consolidating the
ownership of The Galleria in 2019, Piedmont has been focused on
enhancing the entire 20-acre project with the creation of a
mixed-use setting offering tenants a differentiated nature of work
including new food and beverage operators, a 10,000 SF on-site
fitness facility – Ironworx Studio, employee engagement
programming, transformed hospitality-infused building lobbies, and
expansive conference facilities and outdoor collaboration spaces.
Combined with convenient access to the Battery and Renaissance
Waverly Hotel & Cobb Convention Center, as well as prominent
signage opportunities facing I-75 and I-285, Galleria on the Park
effortlessly connects to the vibrancy of the neighborhood and
offers an unparalleled employee experience to its tenants. Piedmont
focuses on building amenity-rich office environments (experiences)
similar to Atlanta’s Galleria on the Park throughout its
portfolio.
About Piedmont Office Realty TrustPiedmont
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&P Global Ratings (BBB) and Moody’s
(Baa2). Piedmont is a 2023 ENERGY STAR Partner of the Year. For
more information, see www.piedmontreit.com.
Contact: Sarah
Heimlich Company: Piedmont Office Realty
Trust
Phone: 770 418
8800 Email:
Investor.relations@Piedmontreit.com
Piedmont Office Realty (NYSE:PDM)
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