MD
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58-2328421
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(State or other jurisdiction of
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(IRS Employer
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incorporation)
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Identification No.)
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Piedmont Office Realty Trust, Inc.
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Date: March 31, 2011
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By:
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/s/ Robert E. Bowers
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Robert E. Bowers
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Chief Financial Officer and Executive Vice-President
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Exhibit No.
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Description
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EX-99.1
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Press Release dated 3-31-11
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FOR IMMEDIATE RELEASE
PIEDMONT AND BROADWAY COMPLETE RESTRUCTURE OF PRIME CHICAGO
OFFICE BUILDING
NEW YORK - March 31, 2011 - Piedmont Office Realty Trust, Inc. (NYSE: PDM)
today announced that an indirect subsidiary became the owner of the Class A office building
located at 500 West Monroe Street, Chicago, Illinois. In connection with the restructuring of the
ownership of the building, an affiliate of Broadway Partners will retain an interest in the
property.
500 West Monroe is a 46-story, 966,000-square-foot, Class A office building located in
the West Loop submarket of Chicago, Illinois, one of Chicago's most desired submarkets. Its
tenant roster includes established Fortune 500 firms such as General Electric Capital and Marsh
USA, Inc., and nationally-recognized commercial real estate and investment company Grubb &
Ellis. 500 West Monroe is an architectural landmark designed by the world-renowned
architectural firm Skidmore, Owings, and Merrill.
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Contact: Kerry Hughes
Phone: + 1 770 418 8678
Email: Kerry.Hughes@piedmontreit.com