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Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2020 Results

Share: Atlanta, Feb. 10, 2021 (GLOBE NEWSWIRE) Piedmont Office Realty Trust, Inc. ( Piedmont or the Company ) (NYSE:PDM), an owner of Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets with a majority of its revenue coming from Sunbelt markets, today announced its results for the quarter and year ended December 31, 2020. Highlights for the Quarter and Year Ended December 31, 2020: The timing of dispositions over the last two years and the recording of related gains, significantly impacted the results of the quarter and year ended December 31, 2020. The Company reported net income applicable to common stockholders of $22.6 million, or $0.18 per diluted share, and $232.7 million, or $1.85 per diluted share, for the quarter and year ended December 31, 2020, respectively, as compared with $162.5 million, or $1.29 per diluted share, and $229.3 million, or $1.82 per diluted share for the quarter and year ended Decem

Hopkins School Board appoints John Kuhl to vacant seat

The Hopkins School Board voted 6-0 to appoint John Kuhl to the vacant seat on the school board at the Dec. 22 special meeting. The appointment is effective 30 days after the adoption unless a valid petition to reject the appointee is filed with the school district clerk.  Screen capture The Hopkins School Board voted 6-0 to appoint John Kuhl to the vacant seat on the school board at the Dec. 22 special meeting. The appointment is for the remainder of Vice Chair Chris LaTondresse’s term. The seat will be up for election in November 2021, along with two other seats. The board interviewed 15 candidates to replace LaTondresse, who was elected to serve as the Hennepin County Commissioner for District 6. His term starts Jan. 5 and state law prohibits him from continuing to serve on the Hopkins School Board. LaTondresse submitted a letter of resignation, effective Dec. 9.

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