Company description
Highwoods Properties, Inc. (ticker symbol: HIW) is a real estate investment trust (REIT) that specializes in the ownership, development, acquisition, and operation of office properties primarily in the southeastern and midwestern regions of the United States. The company was founded in 1978 and is headquartered in Raleigh, North Carolina. HIW has a diverse portfolio of properties, which includes office, industrial, and retail space spanning over 31 million square feet. The company's properties are located in high-growth markets such as Atlanta, Nashville, Orlando, and Raleigh, providing a strong foundation for long-term growth. One of the key strengths of HIW is its focus on creating value for its shareholders. The company has a proven track record of delivering strong financial performance, with consistent growth in its funds from operations (FFO) and dividends. This has been achieved through the company's disciplined approach to investing in high-quality properties and maintaining a strong balance sheet. In addition to its impressive financial performance, HIW is committed to sustainability and environmental responsibility. The company has implemented various energy efficiency and sustainability initiatives in its properties, which have resulted in significant cost savings and reduction of its carbon footprint. HIW is also known for its strong corporate culture and commitment to its employees. The company's highly experienced management team, combined with its dedicated and skilled workforce, has been instrumental in its success and growth over the years. In summary, Highwoods Properties, Inc. is a well-established, financially