Highwoods Properties Reports Second-Generation Leases and Non-Core Asset Sales in Q3
In the third quarter, Highwoods Properties (HIW) signed 1.1 million square feet of second-generation leases since July 1, including over 200,000 square feet of new lease agreements. The company also completed $73.5 million in non-core asset sales as part of previously announced dispositions. The report highlights Highwoods' efforts to optimize its portfolio and adapt to the current market environment by focusing on re-leasing underutilized space and divesting assets that do not align with long-term strategic goals.
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