Highwoods Properties, Inc.
Key Metrics
Market Snapshot
About
Highwoods Properties, Inc. operates as a fully-integrated real estate investment trust (REIT) that owns, develops, acquires, leases, and manages office properties primarily in the best business districts of high-growth Southern markets. Headquartered in Raleigh, North Carolina, the company focuses on providing workplace solutions across eight key markets: Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond, and Tampa. Highwoods owns and operates approximately 28 million rentable square feet of office space, with a portfolio that includes high-quality Class A properties serving a diverse tenant base of corporations, professional service firms, healthcare organizations, and government entities. The company's business model emphasizes building long-term relationships with creditworthy tenants while maintaining a concentrated geographic footprint that allows for operational efficiencies and market expertise. Highwoods generates revenue primarily through rental income from its office properties, along with fees from property management and development services. The REIT maintains a strategic focus on amenity-rich office buildings in walkable, vibrant neighborhoods that attract and retain quality tenants. Recent initiatives include selective development projects in its core markets and ongoing portfolio optimization through strategic acquisitions and dispositions. As one of the largest owners and operators of suburban office properties in the Sunbelt region, Highwoods positions itself to capitalize on corporate relocations and expansions in its high-growth markets.