PIEDMONT OFFICE REALTY TRUST, INC. : Entering into a Material Definitive Agreement, Creating a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits (Form 8-K)

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Item 1.01. Concluding a significant definitive agreement

The information set forth in Section 2.03, “Creation of a Direct Financial Obligation or Obligation Under an Off-Balance Sheet Arrangement of a Registrant”, is incorporated herein by reference.

Section 2.03. Creation of a direct financial obligation or an obligation under a

           Off-Balance Sheet Arrangement of a Registrant


On August 10, 2022, Piedmont Operating Partnership, LP (“Piedmont OP”), a consolidated subsidiary of Piedmont Office Realty Trust, Inc. (the “Holder”), has entered into a loan assignment and assumption agreement for a
$197 million fixed rate loan secured by 1180, rue Pêcher in Midtown Atlanta (the “$197 Million Fixed Rate Loan“). The $197 Million Fixed Rate Loan has a residual maturity of approximately 6 years and a final maturity of October 1, 2028. Only interest at the fixed rate of 4.1% per annum is payable up to
October 1, 2023at what point the loan becomes amortized.

The above does not purport to be a complete description of the terms of the $197 contract. Million Fixed Rate Loan and is qualified in its entirety by reference to the Loan Assignment and Assumption Agreement and the General Amendment to the Note, Loan Agreement and Other Loan Documents and $197 Million Fixed Rate Loan Agreement, which are attached as Exhibits 10.1 and 10.2, respectively, hereto.

Item 9.01 Financial statements and supporting documents.


(d) Exhibits:

Exhibit
  No.                                    Description

10.1          Loan Assignment and Assumption Agreement and Omnibus Amendment to
            Note, Loan Agreement and Other Loan Documents

10.2          Loan Agreement dated as of September 10, 2018 by and between 1180
            Peachtree Office Investors, LLC, as Borrower, and Metlife Real Estate
            Lending LLC, as Lender

104         Cover Page Interactive Data File (embedded within the Inline XBRL
            document)

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