NEW YORK, December 7, 2016 /PRNewswire/ --
Office REITs own and manage commercial office properties as well as rent property spaces to tenants. Some of these equities
REITs focus on specific types of markets, such as central business districts or suburban areas, while others emphasize specific
classes of tenants, such as government agencies or biotech firms. Pre-market, Stock-Callers.com draws investors' attention to
these four equities: Hudson Pacific Properties Inc. (NYSE: HPP), Boston Properties Inc. (NYSE: BXP), Corporate Office Properties
Trust (NYSE: OFC), and Piedmont Office Realty Trust Inc. (NYSE: PDM). Sign up today and download for free the research reports
for the stocks covered today at:
http://stock-callers.com/registration
Hudson Pacific Properties
Los Angeles, California-based Hudson Pacific Properties Inc.'s stock finished Tuesday's
session 0.43% lower at $34.45. A total volume of 1.29 million shares was traded, which was above
their three months average volume of 954,470 shares. Over the last month and the previous three months, the Company's shares have
advanced 6.95% and 0.98%, respectively. Additionally, the stock has gained 24.95% since the start of this year. The Company's
shares are trading above their 50-day and 200-day moving averages by 4.20% and 12.71%, respectively. Moreover, shares of Hudson
Pacific Properties, which engages in owning, operating, and acquiring office, and media and entertainment properties primarily in
Northern and Southern California in Los Angeles, Orange County, San Diego, San Francisco,
Silicon Valley, and the East Bay, have a Relative Strength Index (RSI) of 59.95.
In an SEC filing dated November 28th, 2016, Hudson Pacific Properties and certain
funds affiliated with Farallon Capital Management, L.L.C. announced that they completed an underwritten public offering of
18,699,017 shares of its common stock, $0.01 par value per share, consisting of 17,533,099 shares
offered by the Company and 1,165,918 shares offered by the selling stockholders. The offering generated net proceeds for the
Company and the selling stockholders of approximately $569.8 million and $37.9 million, respectively, before expenses. HPP complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=HPP
Boston Properties
Shares in Boston, Massachusetts-based Boston Properties Inc. rose 1.54%, ending yesterday's
session at $126.03 with a total trading volume of 783,255 shares. The stock has gained 8.57% in the
past month and 0.32% on an YTD basis. Shares of the Company, are trading 0.79% above their 50-day moving average. Moreover,
shares of Boston Properties, which together with its subsidiaries, engages in the ownership and development of office properties,
have an RSI of 58.00. The complimentary report on BXP can be downloaded at:
http://stock-callers.com/registration/?symbol=BXP
Corporate Office Properties Trust
On Tuesday, Columbia, Maryland-based Corporate Office Properties Trust's stock climbed 1.61%,
to close the day at $29.03. A total volume of 561,064 shares was traded. The Company's shares have
advanced 13.75% in the last one month and 37.04% on an YTD basis. The stock is trading 4.69% above its 50-day moving average and
7.12% above its 200-day moving average. Additionally, shares of Corporate Office Properties Trust, which invests in real estate
markets of US, have an RSI of 62.92.
On November 11th, 2016, Corporate Office Properties announced the appointment of
Paul R. Adkins as the Company's new Executive Vice President and COO, effective November 28th, 2016. Mr. Adkins is an established expert on the Washington, DC commercial property markets who has a long history of success in a variety of disciplines,
including leasing, acquisition and as a leadership executive. Prior to joining Corporate Office Properties, he spent five years
as a Principal at The JBG Companies, a real estate investment and management firm based in Chevy Chase,
MD. Notably, Mr. Adkins spent 21 years at CarrAmerica Realty. Sign up for your complimentary report on OFC at:
http://stock-callers.com/registration/?symbol=OFC
Piedmont Office Realty Trust
Shares in Norcross, Georgia headquartered Piedmont Office Realty Trust Inc. ended the day
1.30% higher at $20.33. A total volume of 836,244 shares was traded, which was above their three
months average volume of 784,870 shares. The stock has gained 7.35% in the last one month and 12.42% since the start of this
year. The Company's shares are trading above their 50-day and 200-day moving averages by 1.22% and 1.17%, respectively.
Furthermore, shares of Piedmont Office Realty Trust, which engages in the acquisition and ownership of commercial real estate
properties in the US, have an RSI of 62.71.
On November 29th, 2016, Piedmont Office Realty announced that Raymond L. Owens, its Chief Investment Officer (CIO), will retire effective June
30th, 2017. As part of the transition, C. Brent Smith, Executive Vice President
of the Northeast Region and Strategic Investments, has been named co-CIO until June
30th, 2017 and will succeed Mr. Owens as CIO on that date. Mr. Smith had joined the Company in 2012. Download
the research report for free on PDM at:
http://stock-callers.com/registration/?symbol=PDM
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