Welcome to our dedicated page for Highwoods Pptys news (Ticker: HIW), a resource for investors and traders seeking the latest updates and insights on Highwoods Pptys stock.
Highwoods Properties, Inc. (NYSE: HIW) is a publicly traded, fully integrated office real estate investment trust headquartered in Raleigh, North Carolina. This news page aggregates company announcements, press releases and market updates related to Highwoods and its HIW stock, with a focus on the office and commercial real estate activities the company reports.
Highwoods regularly issues news about acquisitions, joint ventures and capital allocation decisions in its target business districts. Recent releases describe the acquisition of 6Hundred at Legacy Union, a Class AA office tower in Charlotte’s Uptown CBD; a joint venture acquisition of Bloc83, a mixed-use asset in Raleigh’s CBD; and a joint venture acquisition of The Terraces, an office building in Dallas’ Preston Center BBD. The company has also highlighted the purchase of the Legacy Union Parking Garage in Uptown Charlotte, which supports Highwoods-owned office space at Legacy Union.
In addition to property-level transactions, Highwoods publishes updates on corporate finance and capital structure, such as the pricing and completion of a public offering of 5.350% unsecured notes due 2033 through its operating partnership, and the recast of a $200 million unsecured bank term loan. The company also announces quarterly earnings release dates, conference calls and dividend declarations for its common and preferred stock.
Investors and followers of HIW can use this news feed to review Highwoods’ reported activity in markets like Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa, as well as its financing and dividend decisions. Bookmark this page to quickly access the latest company-issued information and historical press releases related to Highwoods Properties and its office-focused REIT platform.
Highwoods Properties (NYSE:HIW) has successfully sold the FBI Tampa Field Office for $70.4 million. The company anticipates the sale of its remaining office buildings in Greensboro, totaling 299,000 square feet and currently 88.2% occupied, for $20.3 million. These properties projected annual GAAP net operating income of $6.3 million. Additionally, a non-core land parcel was sold for $6.9 million. Highwoods has now sold $464 million in non-core properties since mid-2021 and aims to restore its balance sheet metrics by mid-2022.
Highwoods Properties, Inc. (NYSE:HIW) has been recognized as a 2022 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy. This accolade is awarded for adherence to national standards for sustainable leasing, reflecting efforts in energy efficiency and environmental stewardship. Highwoods achieved Silver Recognition for implementing best practices like utility data tracking and sustainability training. CEO Ted Klinck emphasized the company's commitment to ESG as integral to its mission, aiming to deliver long-term value for both shareholders and stakeholders.
Highwoods Properties (NYSE:HIW) will host an Investor Day on May 12, 2022, in Nashville, starting at 8:15 a.m. Central Time and concluding around 12:30 p.m. Central Time. The event will feature presentations from key executives including Ted Klinck, Brian Leary, and Brendan Maiorana. Attendance is by invitation only, but the presentation will be available via live audio webcast on the company’s website. A replay will be accessible from May 13 to May 27, 2022. Highwoods, a real estate investment trust, specializes in properties in major business districts across several cities.
Highwoods Properties (NYSE:HIW) has announced significant acquisitions aimed at expanding its presence in the Charlotte market. The company is set to acquire 650 South Tryon, a 367,000 square foot office building for a total investment of $203 million. Following stabilization, projected annual net operating income is estimated at $11.2 million. Additionally, Highwoods will acquire a mixed-use site in South End for $27 million, planned for approximately 300,000 square feet of office and 250 apartment units. Closing dates for both acquisitions are set for Q2 and Q3 of 2022.
Highwoods Properties has released its 2021 Corporate Resiliency Report, emphasizing its commitment to Environmental, Social and Governance (ESG) initiatives. The report is accessible on the company's website, showcasing its activities within top business districts across multiple cities including Atlanta, Charlotte, and Nashville. As a publicly-traded Real Estate Investment Trust (REIT) listed on NYSE under the symbol HIW, Highwoods focuses on owning, developing, managing, and leasing properties.
Highwoods Properties, Inc. (NYSE:HIW) announced its first quarter 2022 results on April 26, 2022. The company operates as a real estate investment trust (REIT) and is a member of the S&P MidCap 400 Index. It specializes in acquiring, developing, leasing, and managing properties in prime business districts across several major U.S. cities including Atlanta, Charlotte, and Nashville. For complete financial details, the release is available on their official website.
Highwoods Properties, Inc. (NYSE:HIW) has declared a cash dividend of $0.50 per share for Q1 2022, amounting to an annualized dividend of $2.00 per share. This dividend will be paid on June 14, 2022 to shareholders on record as of May 23, 2022.
Additionally, a cash dividend of $21.5625 per share for the 8 5/8% Series A Cumulative Redeemable Preferred Stock will be paid on May 31, 2022, to holders of record as of May 16, 2022.
Highwoods Properties, Inc. (NYSE:HIW) will announce its first-quarter 2022 financial results on April 26, 2022, after market close. A conference call is scheduled for April 27, 2022, at 11:00 A.M. Eastern time. For participants in the US and Canada, the call can be accessed at (800) 756-3565. Investors can also join a live webcast via the company's website. Highwoods, a REIT based in Raleigh, specializes in owning, developing, and managing properties in prime business districts across various cities including Atlanta and Nashville.
Highwoods Properties, Inc. (NYSE:HIW) has announced two significant leases in Tampa, totaling 183,000 square feet. The first is a 71,000 square foot lease at 5332 Avion, which is now 95% leased, marking the largest contiguous vacant space within the company’s portfolio. The second is a 112,000 square foot lease at One Independence, fully covering the company’s two largest lease expirations for 2022 with no downtime. CEO Ted Klinck emphasized that these leases ensure steady cash flow and mitigate lease rollover risks.
Highwoods Properties, Inc. (NYSE:HIW) has announced its fourth quarter and full year 2021 financial results. The company, headquartered in Raleigh, is a prominent real estate investment trust (REIT), focusing on acquiring, developing, and managing properties in major business districts across cities like Atlanta, Charlotte, and Nashville. Highwoods is listed on the S&P MidCap 400 Index, highlighting its market significance. For comprehensive details, the full report can be accessed through the investors section of their website.
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