Davis Polk advised the forward purchasers and forward sellers in connection with an at-the-market forward underwriting program for the offer and sale of shares of common stock of Piedmont Office Realty Trust, Inc. from time to time having an aggregate offering price of up to $250 million.

Piedmont Office Realty Trust, Inc. engages in the acquisition, development, management and ownership of commercial real estate properties located primarily in the eastern half of the United States, including properties that are under construction, are newly constructed or have operating histories.

The Davis Polk equity derivatives team included partner Mark M. Mendez and associates Justin Lashley and Meaghan Kennedy. All members of the Davis Polk team are based in the New York office.