HIW - Mergers and acquisitions

RALEIGH, N.C., May 12, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold Bridgestone Tower, a 513,000 square foot office tower in CBD Nashville, for $255 million. This property is 100% leased and is projected to generate approximately $17 million of annual cash and GAAP net operating income in 2026. The Company expects to record a non-FFO gain of approximately $75 million in the second quarter of 2026 in connection with this sale. About Highwoods Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in

RALEIGH, N.C., May 11, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has published its 2025 Corporate Resiliency Report, which highlights the Company's ongoing commitment to owning and operating a resilient, high-quality office portfolio that thrives in all economic cycles. To view the report, please visit the investors section of our website at www.highwoods.com or click on the following link: Highwoods 2025 Corporate Resiliency Report About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in

RALEIGH, N.C., April 28, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2026 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports First Quarter 2026 Results About Highwoods Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution

RALEIGH, N.C., April 22, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) today announced that the Company's Board of Directors has authorized the repurchase of up to $250 million of outstanding shares of common stock under a new stock repurchase program. The Company anticipates funding any stock repurchases on a leverage-neutral basis using the net proceeds from the sale of non-core assets. The Company may purchase shares of common stock from time to time in amounts and at prices determined by the Company in its discretion. Shares of common stock may be repurchased in the open market or in privately negotiated transactions (which may include block trades). The common stock

RALEIGH, N.C., April 22, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended March 31, 2026, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on June 9, 2026 to all holders of record as of May 18, 2026. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on June 1, 2026 which is the next regularly scheduled dividend payment date, to all holders of record as of May 15, 2026. About HighwoodsHighwoods Properties,

RALEIGH, N.C., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its fourth quarter and full year 2025 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Fourth Quarter and Full Year 2025 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to b

RALEIGH, N.C., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended December 31, 2025, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on March 10, 2026 to all holders of record as of February 17, 2026. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on March 2, 2026 which is the next regularly scheduled dividend payment date, to all holders of record as of February 17, 2026. About HighwoodsHighwoo

_____________________________________ Acquires Bloc83 in CBD Raleigh in Joint Venture with the North Carolina Investment Authority$21.0M Total Investment (at HIW 10% Share)492,000 Square Feet, 97% Leased_____________________________________ Acquires The Terraces in Preston Center BBD in Dallas in Joint Venture with Granite Properties$87.4M Total Investment (at HIW 80% Share)173,000 Square Feet, 98% Leased_____________________________________ Acquisitions to be Funded Primarily ThroughSales of Non-Core AssetsExpect Leverage-Neutral Rotation of Capital by Mid-2026_________________________________________ Plan Expected to Strengthen Long-Term Growth Trajectory Immediately Accretive to Cash

$223M Total Investment, Delivered in 2025411,000 Square Feet, 84% Leased_________________________________________ RALEIGH, N.C., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of 6Hundred at Legacy Union, a 24-story, Class AA office tower located in Charlotte's Uptown CBD, for a total expected investment of $223 million. The Company's total investment includes $8.5 million of planned near-term building improvements and anticipated leasing capital expenditures to bring the property to stabilization and is net of $15.7 million of free rent and other rent-related credits received from the seller at closing. 6Hundred at Legacy Union, which

$223M Total Investment, Delivered in 2025411,000 Square Feet, 84% LeasedClosing Scheduled for Next 30 Days RALEIGH, N.C., Nov. 17, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) today reported it has agreed to acquire 6Hundred at Legacy Union, a 24-story, Class AA office tower located in Charlotte's Uptown CBD, for a total expected investment of $223 million. 6Hundred at Legacy Union, which delivered in 2025 and is currently 84% leased with a weighted average lease term of over 12 years, is a class AA office tower encompassing 411,000 square feet with a planned LEED gold certification and in-building parking that can accommodate 832 vehicles. 6Hundred is immediately adjac

RALEIGH, N.C., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) (the "Company") announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations, has priced a $350 million offering of 5.350% unsecured notes under its existing shelf registration statement. The notes are due January 15, 2033 and were priced to yield 5.431%. The offering is expected to close on November 14, 2025, subject to the satisfaction of customary closing conditions.   The operating partnership intends to use the net proceeds from the sale of the notes to repay outstanding debt, including the amounts outstanding under its $750

RALEIGH, N.C., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2025 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Third Quarter 2025 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution of

RALEIGH, N.C., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended September 30, 2025, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on December 9, 2025 to all holders of record as of November 17, 2025. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on December 1, 2025 which is the next regularly scheduled dividend payment date, to all holders of record as of November 17, 2025. About HighwoodsH

$111.5M Total Investment3,057 Space Garage Supports 1.2M SF of Existing Highwoods Office9 Years Weighted Average Contractual Term for Office Users RALEIGH, N.C., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has acquired the Legacy Union Parking Garage located at 720 South Church Street in Uptown Charlotte for a total investment of $111.5 million, including planned near-term building improvements. This 3,057 space garage supports the parking needs for 1.2 million square feet of Highwoods-owned office at Legacy Union, which consists of Bank of America Tower and 650 South Tryon, and is connected to these office buildings via a skybridge. Approximately 70% of t

RALEIGH, N.C., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has executed a recast of a $200 million unsecured bank term loan by extending the maturity date from May 2026 to January 2029. The term can be extended for two additional years at our option assuming no defaults have occurred. The interest rate on our new term loan is SOFR plus 95 basis points. The interest rate may be adjusted upward or downward by 2.5 basis points depending upon whether or not we achieve certain pre-determined sustainability goals with respect to the ongoing reduction of greenhouse gas emissions. BofA Securities, Inc., Wells Fargo Securities, LLC, PNC Capital Markets LLC, T.D. Bank,

RALEIGH, N.C., July 29, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2025 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Second Quarter 2025 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution

RALEIGH, N.C., July 24, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended June 30, 2025, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on September 9, 2025 to all holders of record as of August 18, 2025. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on September 2, 2025 which is the next regularly scheduled dividend payment date, to all holders of record as of August 15, 2025. About HighwoodsHighwood

2nd Gen Leasing Activity Continues to be StrongOver 750,000 SF of Leases Signed to Date in Second QuarterIncludes over 300,000 SF of New Leases RALEIGH, N.C., June 02, 2025 (GLOBE NEWSWIRE) --  Highwoods Properties, Inc. (NYSE:HIW) announced it has signed over 750,000 square feet of second generation leases since April 1, 2025, including over 300,000 square feet of new leases. Ted Klinck, President and Chief Executive Officer, stated, "Our leasing activity continues to be strong with over 750,000 square feet of second gen deals signed during the first two months of the quarter and a healthy leasing pipeline of new and renewal prospects. New users and existing customers co

RALEIGH, N.C., May 12, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has published its 2024 Corporate Resiliency Report, which highlights the Company's ongoing commitment to owning and operating a resilient, high-quality office portfolio that thrives in all economic cycles. To view the report, please visit the investors section of our website at www.highwoods.com or click on the following link: Highwoods 2024 Corporate Resiliency Report About Highwoods Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily i

RALEIGH, N.C., April 29, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2025 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports First Quarter 2025 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to be a leader in the evolution

RALEIGH, N.C., April 23, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended March 31, 2025, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on June 10, 2025 to all holders of record as of May 19, 2025. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on June 2, 2025 which is the next regularly scheduled dividend payment date, to all holders of record as of May 15, 2025. About HighwoodsHighwoods Properties,

RALEIGH, N.C., March 18, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of Advance Auto Parts Tower in the heart of Raleigh's vibrant mixed-use North Hills Best Business District for a total investment of $138 million. This 346,000 square foot, 20-story, LEED-gold certified, Class AA office tower, which delivered in 2020, was 100% leased at December 31, 2024 with a weighted average lease term of 8.2 years. Advance Auto Parts Tower is immediately adjacent to Highwoods-owned CAPTRUST Tower, a 16-story Class AA office tower encompassing 300,000 square feet that was 98.4% leased at December 31, 2024 with a weighted average lease term of 6.3 years. Ad

346,000 Square Feet,100% LeasedAdjacent to Highwoods-Owned CAPTRUST Tower in North HillsClosing Scheduled for Next 30 Days RALEIGH, N.C., March 03, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) today reported it has agreed to acquire Advance Auto Parts Tower, a 20-story, Class AA office tower located in the heart of Raleigh's vibrant mixed-use North Hills Best Business District (BBD). This 346,000 square foot, LEED-gold certified tower, which delivered in 2020, was 100% leased at December 31, 2024 with a current weighted average lease term of 8.2 years. Advance Auto Parts Tower is immediately adjacent to Highwoods-owned CAPTRUST Tower, a 16-story Class AA office tower enc

RALEIGH, N.C., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its fourth quarter and full year 2024 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Fourth Quarter and Full Year 2024 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Our vision is to b

RALEIGH, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) is today announcing investment and financing transactions that closed during the fourth quarter of 2024 and to date in early 2025. First, the Company has sold in a series of transactions non-core buildings in Raleigh and Tampa for combined gross proceeds of $166.4 million. Gross proceeds from dispositions closed in the fourth quarter of 2024 totaled $21.4 million with the remainder closing early in the first quarter of 2025. The sold properties include one office building encompassing 170,000 square feet in North Raleigh and three buildings encompassing 616,000 square feet in the Westshore submarket of

RALEIGH, N.C., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended December 31, 2024, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on March 11, 2025 to all holders of record as of February 18, 2025. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on February 28, 2025 which is the next regularly scheduled dividend payment date, to all holders of record as of February 18, 2025. About HighwoodsHig

RALEIGH, N.C., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2024 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Third Quarter 2024 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. W

RALEIGH, N.C., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended September 30, 2024, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on December 10, 2024 to all holders of record as of November 18, 2024. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on December 2, 2024 which is the next regularly scheduled dividend payment date, to all holders of record as of November 15, 2024. About H

RALEIGH, N.C., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) reports after having conducted a thorough assessment of its Florida properties that its buildings have not sustained any notable damage. Ted Klinck, President and CEO, stated, "We are fortunate that all members of the Highwoods family in Orlando and Tampa are safe from this most recent storm. Our team once again did terrific work preparing for the hurricane and we are thankful to have fared so well. Our thoughts and prayers continue to be with all those who have been hit hard by both Hurricane Helene and Hurricane Milton and need support from our greater community." About Highwoods Highwoods Propertie

RALEIGH, N.C., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) reports after having conducted a thorough assessment of its Florida, Georgia, North Carolina and Tennessee properties that its buildings have not sustained any notable damage. Ted Klinck, President and CEO stated, "We are fortunate all members of the Highwoods family are safe. Our team did terrific work preparing for the hurricane and we are thankful to have fared so well. Our thoughts and prayers are with all those who have been hit hard by this storm and need support from our greater community." About Highwoods Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), f

2nd Gen Leasing Activity Continues to be Strong738,000 SF of Leases Signed to Date in Third QuarterIncludes over 400,000 SF of New Leases RALEIGH, N.C., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announced it has signed 738,000 square feet of second generation leases since July 1, 2024, including over 400,000 square feet of new leases. Included in the quarterly activity is a long-term lease for 104,000 square feet at Two Alliance Center in Atlanta's Buckhead BBD with a new customer for Highwoods. The lease, which is expected to commence in 2026, will backfill a significant portion of a customer who vacated the building in the third quarter of 2024.     Ted

RALEIGH, N.C., July 23, 2024 (GLOBE NEWSWIRE) --  Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2024 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Second Quarter 2024 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking

RALEIGH, N.C., July 17, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended June 30, 2024, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on September 10, 2024 to all holders of record as of August 19, 2024. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on September 3, 2024 which is the next regularly scheduled dividend payment date, to all holders of record as of August 15, 2024. About HighwoodsHighwoo

RALEIGH, N.C., May 13, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has published its 2023 Corporate Resiliency Report, which highlights the Company's Environmental, Social and Governance initiatives. A copy of the report can be accessed by clicking on the link below and on the Company's website at www.highwoods.com/sustainability. 2023 Corporate Resiliency Report | Highwoods In 2023, our continued efforts to advance our ESG and resiliency strategy have earned us: GRESB: A Green Star rating for the fourth consecutive year and continued year-over-year performance improvement;Sustainalytics: A "Low ESG Risk Profile" ranking;MSCI: An A rating, one of the highest rat

RALEIGH, N.C., April 23, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2024 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports First Quarter 2024 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business.

RALEIGH, N.C., April 17, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended March 31, 2024, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on June 11, 2024 to all holders of record as of May 20, 2024. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on May 31, 2024 which is the next regularly scheduled dividend payment date, to all holders of record as of May 15, 2024. About HighwoodsHighwoods Properties,

RALEIGH, N.C., April 04, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold in a series of transactions non-core properties in Raleigh for combined gross proceeds of $79.4 million. Gross proceeds from dispositions closed in the first quarter of 2024 totaled $16.9 million with the remainder closing early in the second quarter. The sold properties include eight office buildings encompassing 338,000 square feet across from Rex Hospital in the west Raleigh submarket and one office building encompassing 97,000 square feet adjacent to the Research Triangle Park.   On a combined basis, these properties are 85% occupied and were projected to generate $6.0 million of GAAP and

129,000 SF of Additional Leases Signed at 23Springs Development in Uptown Dallas23Springs Now 53% Pre-Leased 2nd Gen Leasing Activity Continues to be Strong718,000 SF of Leases Signed to Date in First QuarterIncludes 312,000 SF of New Leases_________________________________________ RALEIGH, N.C., March 01, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announced today that leases totaling another 129,000 square feet have been signed at 23Springs, a Class AA development encompassing 626,000 square feet of multi-customer office and 16,000 square feet of retail in the heart of the dynamic Uptown Dallas BBD. The Company is developing 23Springs in a 50/50 joint venture with Gr

RALEIGH, N.C., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its fourth quarter and full year 2023 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link:                                 HIW Reports Fourth Quarter and Full Year 2023 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmo

RALEIGH, N.C., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended December 31, 2023, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on March 12, 2024 to all holders of record as of February 20, 2024. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on February 29, 2024 which is the next regularly scheduled dividend payment date, to all holders of record as of February 15, 2024. About Highwood

Maintains Borrowing CapacityExtends Maturity Date RALEIGH, N.C., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has executed a recast of its unsecured revolving credit facility, which replaces the Company's existing revolving credit facility obtained in 2021.  New FacilityOld FacilityAmount$750M$750MSOFR Borrowing Spread (1)85 bps85 bpsAnnual Facility Fee20 bps20 bpsMaturity Date before Extension OptionsJanuary 2028March 2025Unilateral Extension OptionsTwo 6-MonthTwo 6-Month (1) The borrowing spread excludes a SOFR-related spread adjustment of 10 basis points.Ted Klinck, President and Chief Executive Officer of Highwoods Properties, said, "We appreciate the confid

RALEIGH, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) (the "Company") announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations, has priced a $350 million offering of 7.65% unsecured notes under its existing shelf registration statement. The notes are due February 1, 2034 and were priced to yield 7.836%. The offering is expected to close on November 21, 2023, subject to customary closing conditions.   The operating partnership intends to use the net proceeds from the sale of the notes to repay outstanding debt (including the amounts outstanding under its $750 million unsecured rev

RALEIGH, N.C., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2023 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Third Quarter 2023 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust ("REIT") that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. W

RALEIGH, N.C., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended September 30, 2023, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on December 12, 2023 to all holders of record as of November 20, 2023. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on November 30, 2023 which is the next regularly scheduled dividend payment date, to all holders of record as of November 15, 2023. About Highwood

RALEIGH, N.C., July 25, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its second quarter 2023 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Second Quarter 2023 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust ("REIT") and a member of the S&P MidCap 400 Index. The Company is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh,

RALEIGH, N.C., July 19, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors has declared a cash dividend of $0.50 per share of common stock for the quarter ended June 30, 2023, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on September 12, 2023 to all holders of record as of August 21, 2023. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on August 31, 2023 which is the next regularly scheduled dividend payment date, to all holders of record as of August 15, 2023. About HighwoodsHighwoods

RALEIGH, N.C., May 31, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold One Independence Park, a 116,000 square foot office building in Tampa's Westshore BBD, for $19.5 million. One Independence Park is 100% occupied by a single user under a lease the Company signed with the new user last year. The Company has also sold Riverbirch, a 60,000 square foot office building in the Research Triangle Park submarket of Raleigh, for $20.7 million. Riverbirch is 100% occupied by a single customer that recently renewed under a long-term lease. In 2023, these office buildings were projected to generate $2.6 million of GAAP net operating income and $1.9 million of cash net operati

RALEIGH, N.C., May 15, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has published its 2022 Corporate Resiliency Report, which highlights the Company's Environmental, Social and Governance initiatives. A copy of the report can be accessed by clicking on the link below and on the Company's website at www.highwoods.com. HIW 2022 Corporate Resiliency Report Ted Klinck, President and Chief Executive Officer, stated, "Highwoods is a purpose-led organization that continues to make positive contributions to our shareholders, our stakeholders and society at large. Our continued commitment to advancing our economic, social and environmental pillars are aligned with our strategic

RALEIGH, N.C., April 25, 2023 (GLOBE NEWSWIRE) --  Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2023 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports First Quarter 2023 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust ("REIT") and a member of the S&P MidCap 400 Index. The Company is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Ric

RALEIGH, N.C., April 12, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces it has been selected as a 2023 Gold Level Green Lease Leader by the Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Buildings Alliance at the Better Buildings, Better Plants Summit. Launched in 2014, Green Lease Leaders set standards for what constitutes a green lease, while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy efficiency, cost-savings, air quality improvement and sustainability in buildings. Highwoods has achieved this recognition for demonstrating excellence in sustainability practice

RALEIGH, N.C., March 28, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces it has obtained a $200 million, 5-year secured loan provided by a life insurance company at a fixed rate of 5.69% secured by Bank of America Tower at Legacy Union in Uptown Charlotte. Ted Klinck, President and CEO of Highwoods, stated "We are very pleased with this loan execution, which will further fortify our already healthy balance sheet, enhance our liquidity and position Highwoods to take advantage of future growth opportunities." The proceeds have been used to reduce amounts outstanding on the Company's revolving credit facility and for general corporate purposes. About HighwoodsHighw

RALEIGH, N.C., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its fourth quarter and full year 2022 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Fourth Quarter and Full Year 2022 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust ("REIT") and a member of the S&P MidCap 400 Index.  Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashv

RALEIGH, N.C., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors today declared a cash dividend of $0.50 per share of common stock for the quarter ended December 31, 2022, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on March 14, 2023 to all holders of record as of February 21, 2023. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on February 28, 2023 which is the next regularly scheduled dividend payment date, to all holders of record as of February 15, 2023. About HighwoodsH

$197M Total Investment (at HIW Share)557,000 Square Feet Trophy Mixed-Use Asset; 99% LeasedSubstantially Below-Market RentsIdeally Situated Four Blocks from 23Springs Development Project_________________________________________ RALEIGH, N.C., Dec. 16, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has acquired McKinney & Olive, a 557,000 square foot trophy mixed-use asset in the heart of Uptown Dallas, in a 50/50 joint venture with Granite Properties. McKinney & Olive, which was delivered in 2016 and is currently 99% leased, offers 507,000 square feet of multi-customer office space, 50,000 square feet of retail space and a one-acre piazza surrounded by walkable amenities

RALEIGH, N.C., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) and The Bromley Companies have formed a 50/50 joint venture to construct Midtown East, a multi-customer office development project located in the mixed-use Midtown Tampa project in Tampa's Westshore submarket. Upon completion, the joint venture will own 134,000 square feet, consisting of five floors of office (floors 10 through 15) and ground level retail, of an overall 18-story, 432,000 square foot tower. The rest of Midtown East will serve as the future headquarters of Tampa Electric and Peoples Gas. The total anticipated investment for the joint venture's share of the overall project is approxim

RALEIGH, N.C., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2022 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Third Quarter 2022 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust ("REIT") and a member of the S&P MidCap 400 Index.  Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmo

RALEIGH, N.C., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors today declared a cash dividend of $0.50 per share of common stock for the quarter ended September 30, 2022, which equates to an annualized dividend of $2.00 per share. This quarterly dividend is payable on December 13, 2022 to all holders of record as of November 21, 2022. The Board also declared a cash dividend of $21.5625 per share of the Company's 8 5/8% Series A Cumulative Redeemable Preferred Stock. The dividend is payable on November 30, 2022, which is the next regularly scheduled dividend payment date, to all holders of record as of November 15, 2022. About Highw

RALEIGH, N.C., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has obtained a $200.0 million, two-year unsecured bank term loan that is scheduled to mature in October 2024. Assuming no defaults have occurred, the Company has an option to extend the maturity for one additional year. The Company expects to use the additional $200 million of borrowings for working capital purposes, the short-term funding of our development and acquisition activity and the repayment of other debt. The interest rate on the new term loan is SOFR plus a related spread adjustment of 10 basis points and a borrowing spread of 95 basis points. The borrowing spread will be reduced by one bas

RALEIGH, N.C., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) reports after having conducted a thorough assessment of its Florida, Georgia, North Carolina and Tennessee properties that its assets have not sustained any notable damage. All building utilities are operational, minor clean-up was completed over the weekend and all properties will open as normal this morning. Ted Klinck, President and CEO stated, "We are fortunate all members of the Highwoods family are safe and their homes are intact. Our team did terrific work preparing for the hurricane and we are grateful to have fared so well. Our thoughts and prayers are with all those who have been hit hard by t

RALEIGH, N.C., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has closed the acquisition of 650 South Tryon in the heart of Charlotte's dynamic Uptown CBD submarket for a total investment of $203 million. The Company's total investment includes $5.2 million of anticipated leasing capital expenditures to bring the property to stabilization and is net of $3.7 million of free rent and other rent-related credits received from the seller at closing. 650 South Tryon, which delivered in late 2020 and is currently 79% leased, is a trophy, LEED gold-certified office building encompassing 367,000 square feet. 650 South Tryon is immediately adjacent and connected to Highwoods