Highwoods Announces Completion of First Phase of Market Rotation Plan
Highwoods Properties, Inc. (HIW)
Last highwoods properties, inc. earnings: 4/29 04:02 pm
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Source: GlobeNewswire
RALEIGH, N.C., March 31, 2020 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has completed the first phase of its two-phased plan to exit the Greensboro and Memphis markets with the sale of four office buildings encompassing 599,000 square feet in the Poplar corridor submarket of Memphis. Since the initial announcement date of August 21, 2019, the Company has sold a select portfolio of assets in Greensboro and Memphis for a total sales price of $428 million, which closely approximates the total investment for Bank of America Tower at Legacy Union in Charlotte, which closed in November 2019. The Company has closed its division offices in both Greensboro and Memphis. The second phase is the planned sale of the remaining assets in Greensboro and Memphis. There is no pre-determined timetable for the second phase. Ted Klinck, President and Chief Executive Officer of Highwoods Properties, said, “We are thrilled to have completed the first phase of our plan to exit the Gre
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News
- Highwoods Properties Stock Up 37.9% YTD: Will the Trend Last? [Yahoo! Finance]Yahoo! Finance
- Highwoods Properties, Inc. (NYSE: HIW) had its price target raised by analysts at Wells Fargo & Company from $32.00 to $35.00. They now have an "equal weight" rating on the stock.MarketBeat
- Highwoods Properties, Inc. (NYSE: HIW) had its price target raised by analysts at Robert W. Baird from $30.00 to $32.00. They now have a "neutral" rating on the stock.MarketBeat
- Highwoods Properties, Inc. (HIW) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Highwoods Properties (HIW) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
HIW
Earnings
- 10/22/24 - Miss
HIW
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form SC
- 11/6/24 - Form 144
- HIW's page on the SEC website