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Piedmont CEO Preps Plan for Next Move Following $400 Million Deal in Dallas

Atlanta REIT Could Add a Fourth Building to Landmark 1.4 Million-Square-Foot Office Towers
The Galleria Towers could get a revamp with a new ownership group. (CoStar)
The Galleria Towers could get a revamp with a new ownership group. (CoStar)
CoStar News
February 13, 2020 | 10:39 P.M.

On the heels of closing a roughly $400 million acquisition of Galleria Towers, a three-building, 1.4 million-square-foot office property in Dallas, as first reported by CoStar News last week, Piedmont Office Realty Trust Inc. plans to unleash "the next evolution" of the property, said CEO Brent Smith.

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