07:58 AM EDT, 10/14/2024 (MT Newswires) -- Piedmont Office Realty Trust ( PDM ) said Monday it completed more than 461,000 square feet of leasing during Q3.

The company leased roughly 45% of the total leased square footage to new tenants, it added.

Piedmont said rents on leases executed during Q3 for space vacant one year or less rose by about 4% on cash and 8.5% on accrual basis.