HIGHWOODS PROPERTIES INC

For the period ended Dec 31, 2023. Filed Feb 6, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 6, 2024

HIW$31.46-0.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Schedule III

NOTE TO SCHEDULE III

The following table sets forth the activity of real estate assets and accumulated depreciation:

	December 31,
	2023	2022	2021
Real estate assets:
Beginning balance	$6,689,692	$6,486,136	$5,594,833
Acquisitions, development and improvements	226,066	378,587	1,248,256
Cost of real estate sold, retired and deconsolidated	(187,755)	(175,031)	(356,953)
Ending balance (a)	$6,728,003	$6,689,692	$6,486,136
Accumulated depreciation:
Beginning balance	$1,609,502	$1,457,511	$1,421,956
Depreciation expense	253,151	240,273	218,628
Real estate sold, retired and deconsolidated	(119,263)	(88,282)	(183,073)
Ending balance (b)	$1,743,390	$1,609,502	$1,457,511

(a)Reconciliation of total real estate assets to balance sheet caption:

	2023	2022	2021
Total per Schedule III	$6,728,003	$6,689,692	$6,486,136
Development in-process exclusive of land included in Schedule III	8,918	46,735	6,890
Real estate assets, net, held for sale	—	—	(3,482)
Total real estate assets	$6,736,921	$6,736,427	$6,489,544

(b)Reconciliation of total accumulated depreciation to balance sheet caption:

	2023	2022	2021
Total per Schedule III	$1,743,390	$1,609,502	$1,457,511
Real estate assets, net, held for sale	—	—	—
Total accumulated depreciation	$1,743,390	$1,609,502	$1,457,511

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

December 31, 2023

Initial Costs · Costs Capitalized Subsequent to Acquisition · Gross Value at Close of Period · Life on Which Depreciation is Calculated
Description · PropertyType · 2023Encumbrance · Land · Bldg &Improv · Land · Bldg & Improv · Land · Bldg & Improv · Total Assets (1) · Accumulated Depreciation · Date of Construction
Atlanta, GA
1700 Century Circle	Office		$—		$2,482		$2		$639		$2		$3,121		$3,123		$1,662		1983		5-40 yrs.
1800 Century Boulevard	Office		1,444		29,081		—		6,311		1,444		35,392		36,836		22,480		1975		5-40 yrs.
1825 Century Boulevard	Office		864		—		303		15,204		1,167		15,204		16,371		8,169		2002		5-40 yrs.
1875 Century Boulevard	Office		—		8,924		—		9,038		—		17,962		17,962		11,278		1976		5-40 yrs.
1900 Century Boulevard	Office		—		4,744		—		340		—		5,084		5,084		5,084		1971		5-40 yrs.
2200 Century Parkway	Office		—		14,432		—		9,395		—		23,827		23,827		14,339		1971		5-40 yrs.
2400 Century Parkway	Office		—		—		406		15,514		406		15,514		15,920		9,384		1998		5-40 yrs.
2500 Century Parkway	Office		—		—		328		11,507		328		11,507		11,835		5,114		2005		5-40 yrs.
2500/2635 Parking Garage	Office		—		—		—		6,447		—		6,447		6,447		2,933		2005		5-40 yrs.
2600 Century Parkway	Office		—		10,679		—		5,541		—		16,220		16,220		9,543		1973		5-40 yrs.
2635 Century Parkway	Office		—		21,643		—		21,669		—		43,312		43,312		24,379		1980		5-40 yrs.
2800 Century Parkway	Office		—		20,449		—		11,587		—		32,036		32,036		20,147		1983		5-40 yrs.
Century Plaza I	Office		1,290		8,567		—		5,020		1,290		13,587		14,877		7,863		1981		5-40 yrs.
Century Plaza II	Office		1,380		7,733		—		4,764		1,380		12,497		13,877		6,554		1984		5-40 yrs.
Riverwood 100	Office		5,785		64,913		(29)		31,582		5,756		96,495		102,251		34,264		1989		5-40 yrs.
Tradeport - Land	Office		5,243		—		(4,733)		—		510		—		510		—		N/A		N/A
Two Alliance Center	Office		9,579		125,549		—		756		9,579		126,305		135,884		41,606		2009		5-40 yrs.
One Alliance Center	Office		14,775		123,071		—		24,548		14,775		147,619		162,394		45,240		2001		5-40 yrs.
10 Glenlake North	Office		5,349		26,334		—		8,153		5,349		34,487		39,836		11,367		2000		5-40 yrs.
10 Glenlake South	Office		5,103		22,811		—		8,223		5,103		31,034		36,137		8,905		1999		5-40 yrs.
Riverwood 200	Office		4,777		89,708		450		2,033		5,227		91,741		96,968		19,819		2017		5-40 yrs.
Riverwood 300 - Land	Office		400		—		—		710		400		710		1,110		123		2017		5-40 yrs.
Monarch Tower	Office		22,717		143,068		—		25,268		22,717		168,336		191,053		41,899		1997		5-40 yrs.
Monarch Plaza	Office		27,678		88,962		—		19,637		27,678		108,599		136,277		24,488		1983		5-40 yrs.
Galleria 75 - Land	Office		19,740		—		(1,938)		697		17,802		697		18,499		99		2022		5-40 yrs.
Charlotte, NC
Bank of America Tower	Office	200,000		29,273		354,749		—		28,069		29,273		382,818		412,091		47,795		2019		5-40 yrs.
One Morrocroft	Office	(2)	3,655		28,357		(198)		4,697		3,457		33,054		36,511		3,114		1992		5-40 yrs.
Two Morrocroft	Office	(2)	3,530		28,804		(190)		1,675		3,340		30,479		33,819		2,716		1998		5-40 yrs.
Three Morrocroft	Office	(2)	3,566		30,505		(192)		11		3,374		30,516		33,890		2,737		2000		5-40 yrs.

Initial Costs · Costs Capitalized Subsequent to Acquisition · Gross Value at Close of Period · Life on Which Depreciation is Calculated
Description · PropertyType · 2023Encumbrance · Land · Bldg &Improv · Land · Bldg & Improv · Land · Bldg & Improv · Total Assets (1) · Accumulated Depreciation · Date of Construction
Capitol Towers North	Office	(3)	8,642		96,254		—		768			8,642			97,022			105,664			7,304			2017		5-40 yrs.
Capitol Towers South	Office	(3)	9,095		95,458		—		132			9,095			95,590			104,685			7,568			2015		5-40 yrs.
1426 S. Tryon - Land	Office		26,702		—		(421)		—		26,281			—			26,281			—			N/A		5-40 yrs.
SIX50 at Legacy Union	Office		16,504		166,305		—		1,400		16,504			167,705			184,209			7,741			2020		5-40 yrs.
Nashville, TN
3322 West End	Office		3,025		27,490		—		12,678			3,025			40,168			43,193			22,235			1986		5-40 yrs.
3401 West End	Office		5,862		22,917		—		7,269			5,862			30,186			36,048			19,087			1982		5-40 yrs.
5310 Maryland Way	Office		1,863		7,201		—		5,623			1,863			12,824			14,687			7,977			1994		5-40 yrs.
Cool Springs I & II Deck	Office		—		—		—		3,998			—			3,998			3,998			1,617			2007		5-40 yrs.
Cool Springs III & IV Deck	Office		—		—		—		4,468			—			4,468			4,468			1,875			2007		5-40 yrs.
Cool Springs I	Office		1,583		—		15		16,867			1,598			16,867			18,465			9,850			1999		5-40 yrs.
Cool Springs II	Office		1,824		—		346		25,482			2,170			25,482			27,652			12,177			1999		5-40 yrs.
Cool Springs III	Office		1,631		—		804		23,704			2,435			23,704			26,139			7,823			2006		5-40 yrs.
Cool Springs IV	Office		1,715		—		—		25,288			1,715			25,288			27,003			8,013			2008		5-40 yrs.
Cool Springs V	Office		3,688		—		295		50,813			3,983			50,813			54,796			17,033			2007		5-40 yrs.
Harpeth Two	Office		1,419		5,677		—		8,608			1,419			14,285			15,704			5,543			1984		5-40 yrs.
Harpeth Three	Office		1,660		6,649		—		10,438			1,660			17,087			18,747			6,841			1987		5-40 yrs.
Harpeth Four	Office		1,713		6,842		—		10,936			1,713			17,778			19,491			7,007			1989		5-40 yrs.
Harpeth Five	Office		662		—		197		10,965			859			10,965			11,824			4,087			1998		5-40 yrs.
Hickory Trace	Office		1,164		—		164		5,989			1,328			5,989			7,317			3,024			2001		5-40 yrs.
Highwoods Plaza I	Office		1,552		—		307		9,199			1,859			9,199			11,058			5,588			1996		5-40 yrs.
Highwoods Plaza II	Office		1,448		—		307		7,642			1,755			7,642			9,397			4,372			1997		5-40 yrs.
Seven Springs I	Office		2,076		—		592		14,814			2,668			14,814			17,482			7,144			2002		5-40 yrs.
SouthPointe	Office		1,655		—		310		9,493			1,965			9,493			11,458			5,476			1998		5-40 yrs.
Westwood South	Office		2,106		—		382		11,190			2,488			11,190			13,678			7,041			1999		5-40 yrs.
100 Winners Circle	Office		1,497		7,258		—		7,687			1,497			14,945			16,442			6,328			1987		5-40 yrs.
The Pinnacle at Symphony Place	Office	87,003		—		141,469		—		6,181			—			147,650			147,650			51,151			2010		5-40 yrs.
Seven Springs East	Office		2,525		37,587		—		520			2,525			38,107			40,632			12,149			2013		5-40 yrs.
The Shops at Seven Springs	Office		803		8,223		—		691			803			8,914			9,717			3,663			2013		5-40 yrs.
Seven Springs West	Office		2,439		51,306		—		4,120			2,439			55,426			57,865			11,916			2016		5-40 yrs.
Seven Springs II	Office		2,356		30,048		—		3,432			2,356			33,480			35,836			7,563			2017		5-40 yrs.
Bridgestone Tower	Office		19,223		169,582		—		457			19,223			170,039			189,262			31,117			2017		5-40 yrs.
Virginia Springs II	Office		4,821		26,448		—		3,988			4,821			30,436			35,257			3,315			2020		5-40 yrs.
MARS Campus	Office		7,010		87,474		—		161			7,010			87,635			94,645			15,360			2019		5-40 yrs.
Virginia Springs I	Office		4,534		25,632		—		308			4,534			25,940			30,474			4,732			2018		5-40 yrs.

Initial Costs · Costs Capitalized Subsequent to Acquisition · Gross Value at Close of Period · Life on Which Depreciation is Calculated
Description	PropertyType	2023Encumbrance	Land	Bldg &Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction
1100 Broadway - Land	Office	29,845	—	(259)	—	29,586	—	29,586	—	N/A	N/A
Asurion	Office	33,219	230,569	—	2,780	33,219	233,349	266,568	17,157	2021	5-40 yrs.
Ovation - Land	Office	89,231	—	192	—	89,423	—	89,423	—	N/A	N/A
Broadway Stem - Land	Office	6,218	—	(1,205)	526	5,013	526	5,539	31	2021	5-40 yrs.
YMCA Site - land	Office	16,121	—	(28)	—	16,093	—	16,093	—	N/A	N/A
Orlando, FL
Capital Plaza Three - Land	Office	2,994	—	18	—	3,012	—	3,012	—	N/A	N/A
1800 Eller Drive	Office	—	9,851	—	1,692	—	11,543	11,543	7,963	1983	5-40 yrs.
201 South Orange	Office	3,893	29,541	—	14,687	3,893	44,228	48,121	13,704	1982	5-40 yrs.
Capital Plaza Two	Office	4,346	43,394	—	14,697	4,346	58,091	62,437	15,476	1999	5-40 yrs.
Capital Plaza One	Office	3,482	27,321	—	10,693	3,482	38,014	41,496	11,798	1975	5-40 yrs.
Landmark Center Two	Office	4,743	22,031	—	11,894	4,743	33,925	38,668	10,873	1985	5-40 yrs.
Landmark Center One	Office	6,207	22,655	—	12,160	6,207	34,815	41,022	12,180	1983	5-40 yrs.
Bank of America Plaza	Office	3,490	56,079	—	11,401	3,490	67,480	70,970	16,215	2000	5-40 yrs.
Eola Centre	Office	5,785	11,160	—	15,584	5,785	26,744	32,529	6,732	1969	5-40 yrs.
Pittsburgh, PA
One PPG Place	Office	9,819	107,643	—	57,996	9,819	165,639	175,458	58,449	1983-1985	5-40 yrs.
Two PPG Place	Office	2,302	10,978	—	15,373	2,302	26,351	28,653	8,649	1983-1985	5-40 yrs.
Three PPG Place	Office	501	2,923	—	5,277	501	8,200	8,701	3,690	1983-1985	5-40 yrs.
Four PPG Place	Office	620	3,239	—	3,378	620	6,617	7,237	2,786	1983-1985	5-40 yrs.
Five PPG Place	Office	803	4,924	—	3,007	803	7,931	8,734	2,842	1983-1985	5-40 yrs.
Six PPG Place	Office	3,353	25,602	—	16,079	3,353	41,681	45,034	15,906	1983-1985	5-40 yrs.
EQT Plaza	Office	16,457	83,812	(6,000)	(5,867)	10,457	77,945	88,402	37,168	1987	5-40 yrs.
East Liberty - Land	Office	2,478	—	(1,204)	—	1,274	—	1,274	—	N/A	N/A
Raleigh, NC
3600 Glenwood Avenue	Office	—	10,994	—	6,237	—	17,231	17,231	11,057	1986	5-40 yrs.
3737 Glenwood Avenue	Office	—	—	318	17,946	318	17,946	18,264	9,889	1999	5-40 yrs.
4800 Falls of Neuse	Office	2,678	17,630	—	7,472	2,678	25,102	27,780	17,202	1985	5-40 yrs.
801 Raleigh Corporate Center	Office	828	—	272	13,031	1,100	13,031	14,131	6,345	2002	5-40 yrs.
2500 Blue Ridge Road	Office	722	4,606	—	1,022	722	5,628	6,350	3,969	1982	5-40 yrs.
2418 Blue Ridge Road	Office	462	1,410	—	2,731	462	4,141	4,603	2,333	1988	5-40 yrs.
2000 CentreGreen	Office	1,529	—	(391)	14,485	1,138	14,485	15,623	6,749	2000	5-40 yrs.
4000 CentreGreen	Office	1,653	—	(389)	12,336	1,264	12,336	13,600	5,808	2001	5-40 yrs.
5000 CentreGreen	Office	1,291	34,572	—	2,197	1,291	36,769	38,060	9,583	2017	5-40 yrs.
3000 CentreGreen	Office	1,779	—	(397)	14,784	1,382	14,784	16,166	6,196	2002	5-40 yrs.

Initial Costs · Costs Capitalized Subsequent to Acquisition · Gross Value at Close of Period · Life on Which Depreciation is Calculated
Description	PropertyType	2023Encumbrance	Land	Bldg &Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction
1000 CentreGreen	Office	1,280	—	55	13,765	1,335	13,765	15,100	5,491	2008	5-40 yrs.
GlenLake - Land	Office	13,003	—	(12,382)	114	621	114	735	65	2001	5-40 yrs.
GlenLake One	Office	924	—	1,324	23,241	2,248	23,241	25,489	11,934	2002	5-40 yrs.
GlenLake Four	Office	1,659	—	493	20,795	2,152	20,795	22,947	8,920	2006	5-40 yrs.
GlenLake Six	Office	941	—	(365)	22,210	576	22,210	22,786	7,899	2008	5-40 yrs.
701 Corporate Center	Office	1,304	—	540	19,465	1,844	19,465	21,309	10,277	1996	5-40 yrs.
7001 Weston Parkway	Office	531	—	(267)	8,064	264	8,064	8,328	5,069	1998	5-40 yrs.
Inveresk Parcel 2 - Land	Office	657	—	38	103	695	103	798	22	2015	5-40 yrs.
4201 Lake Boone Trail	Office	1,450	6,311	—	1,077	1,450	7,388	8,838	2,519	1998	5-40 yrs.
4620 Creekstone Drive	Office	149	—	107	5,904	256	5,904	6,160	2,183	2001	5-40 yrs.
4825 Creekstone Drive	Office	398	—	293	10,796	691	10,796	11,487	6,327	1999	5-40 yrs.
751 Corporate Center	Office	2,665	16,939	—	(144)	2,665	16,795	19,460	4,076	2018	5-40 yrs.
PNC Plaza	Office	1,206	—	—	71,200	1,206	71,200	72,406	32,059	2008	5-40 yrs.
4301 Lake Boone Trail	Office	878	3,730	—	3,066	878	6,796	7,674	4,547	1990	5-40 yrs.
4207 Lake Boone Trail	Office	362	1,818	—	1,113	362	2,931	3,293	2,320	1993	5-40 yrs.
2301 Rexwoods Drive	Office	919	2,816	—	1,709	919	4,525	5,444	3,155	1992	5-40 yrs.
4325 Lake Boone Trail	Office	586	—	—	3,894	586	3,894	4,480	2,609	1995	5-40 yrs.
2300 Rexwoods Drive	Office	1,301	—	184	9,988	1,485	9,988	11,473	4,620	1998	5-40 yrs.
4700 Six Forks Road	Office	666	2,665	—	1,796	666	4,461	5,127	2,666	1982	5-40 yrs.
4700 Homewood Court	Office	1,086	4,533	—	1,677	1,086	6,210	7,296	4,035	1983	5-40 yrs.
4800 Six Forks Road	Office	862	4,411	—	2,546	862	6,957	7,819	4,670	1987	5-40 yrs.
4601 Creekstone Drive	Office	255	—	217	6,507	472	6,507	6,979	3,470	1997	5-40 yrs.
Weston - Land	Office	22,771	—	(19,528)	—	3,243	—	3,243	—	N/A	N/A
4625 Creekstone Drive	Office	458	—	268	6,552	726	6,552	7,278	3,969	1995	5-40 yrs.
11000 Weston Parkway	Office	2,651	18,850	—	16,644	2,651	35,494	38,145	12,110	1998	5-40 yrs.
GlenLake Five	Office	2,263	30,264	—	1,229	2,263	31,493	33,756	10,346	2014	5-40 yrs.
11800 Weston Parkway	Office	826	13,188	—	60	826	13,248	14,074	4,366	2014	5-40 yrs.
CentreGreen Café	Office	41	3,509	—	15	41	3,524	3,565	798	2014	5-40 yrs.
CentreGreen Fitness Center	Office	27	2,322	—	14	27	2,336	2,363	528	2014	5-40 yrs.
One City Plaza	Office	11,288	68,375	—	25,572	11,288	93,947	105,235	30,250	1986	5-40 yrs.
Edison - Land	Office	5,984	—	1,575	—	7,559	—	7,559	—	N/A	N/A
Charter Square	Office	7,267	65,881	—	4,016	7,267	69,897	77,164	16,034	2015	5-40 yrs.
MetLife Global Technology Campus	Office	21,580	149,889	—	356	21,580	150,245	171,825	33,564	2015	5-40 yrs.
GlenLake Seven	Office	1,662	37,332	—	(44)	1,662	37,288	38,950	4,145	2020	5-40 yrs.

Initial Costs · Costs Capitalized Subsequent to Acquisition · Gross Value at Close of Period · Life on Which Depreciation is Calculated
Description · PropertyType · 2023Encumbrance · Land · Bldg &Improv · Land · Bldg & Improv · Land · Bldg & Improv · Total Assets (1) · Accumulated Depreciation · Date of Construction
Hargett - Land	Office		9,248		—		(507)		—		8,741		—		8,741		—		N/A		N/A
Forum 1	Office		1,278		27,809		—		1,686		1,278		29,495		30,773		3,510		1985		5-40 yrs.
Forum 2	Office		1,327		18,088		—		151		1,327		18,239		19,566		2,328		1988		5-40 yrs.
Forum 3	Office		994		23,931		—		1,480		994		25,411		26,405		3,421		1995		5-40 yrs.
Forum 4	Office		2,118		43,889		—		279		2,118		44,168		46,286		4,970		2000		5-40 yrs.
Forum 5	Office		1,552		26,263		—		1,505		1,552		27,768		29,320		3,889		2007		5-40 yrs.
Captrust Tower	Office	84,360		9,670		124,530		—		3,991		9,670		128,521		138,191		9,428		2010		5-40 yrs.
150 Fayetteville	Office	110,391		7,677		130,049		—		17,401		7,677		147,450		155,127		12,307		1991		5-40 yrs.
GlenLake III	Office		—		—		3,981		65,660		3,981		65,660		69,641		550		2023		5-40 yrs.
2205 Evans Road - Land	Office		—		—		2,676		—		2,676		—		2,676		—		N/A		N/A
Other Property	Other		27,260		20,868		(15,828)		6,837		11,432		27,705		39,137		10,640		N/A		5-40 yrs.
Richmond, VA
4900 Cox Road	Office		1,324		5,311		15		2,742		1,339		8,053		9,392		4,694		1991		5-40 yrs.
Colonnade Building	Office		1,364		6,105		—		3,021		1,364		9,126		10,490		4,306		2003		5-40 yrs.
Highwoods Commons	Office		521		—		458		5,038		979		5,038		6,017		2,539		1999		5-40 yrs.
Highwoods One	Office		1,688		—		22		14,072		1,710		14,072		15,782		8,421		1996		5-40 yrs.
Highwoods Two	Office		786		—		226		10,951		1,012		10,951		11,963		5,521		1997		5-40 yrs.
Highwoods Five	Office		783		—		11		8,210		794		8,210		9,004		4,876		1998		5-40 yrs.
Highwoods Plaza	Office		909		—		187		6,334		1,096		6,334		7,430		3,311		2000		5-40 yrs.
Innslake Center	Office		845		—		125		7,706		970		7,706		8,676		4,262		2001		5-40 yrs.
4101 Cox Road	Office		1,205		4,825		—		2,887		1,205		7,712		8,917		4,361		1990		5-40 yrs.
North Park	Office		2,163		8,659		6		3,129		2,169		11,788		13,957		7,081		1989		5-40 yrs.
North Shore Commons I	Office		951		—		137		13,947		1,088		13,947		15,035		6,494		2002		5-40 yrs.
North Shore Commons II	Office		2,067		—		(89)		11,410		1,978		11,410		13,388		4,544		2007		5-40 yrs.
North End - Land	Office		1,497		—		55		10		1,552		10		1,562		3		2020		5-40 yrs.
One Shockoe Plaza	Office		—		—		356		22,374		356		22,374		22,730		13,031		1996		5-40 yrs.
Lake Brook Commons	Office		1,600		8,864		(179)		367		1,421		9,231		10,652		4,173		1996		5-40 yrs.
Highwoods Three	Office		1,918		—		358		12,445		2,276		12,445		14,721		5,522		2005		5-40 yrs.
Stony Point I	Office		1,384		11,630		(267)		4,988		1,117		16,618		17,735		9,773		1990		5-40 yrs.
Stony Point II	Office		1,240		—		103		13,839		1,343		13,839		15,182		7,662		1999		5-40 yrs.
Stony Point III	Office		995		—		—		10,501		995		10,501		11,496		5,516		2002		5-40 yrs.
Stony Point IV	Office		955		—		—		13,659		955		13,659		14,614		5,024		2006		5-40 yrs.
4480 Cox Road	Office		1,301		6,036		15		3,491		1,316		9,527		10,843		4,717		1996		5-40 yrs.
Innsbrook Centre	Office		914		8,249		—		677		914		8,926		9,840		4,406		1987		5-40 yrs.
Tampa, FL

Initial Costs · Costs Capitalized Subsequent to Acquisition · Gross Value at Close of Period · Life on Which Depreciation is Calculated
Description · PropertyType · 2023Encumbrance · Land · Bldg &Improv · Land · Bldg & Improv · Land · Bldg & Improv · Total Assets (1) · Accumulated Depreciation · Date of Construction
Meridian Three	Office		2,673		16,470		—		6,379		2,673		22,849		25,522		9,488		1989		5-40 yrs.
Bayshore Place	Office		2,276		11,817		—		3,891		2,276		15,708		17,984		8,721		1990		5-40 yrs.
Highwoods Bay Center I	Office		3,565		—		(64)		38,207		3,501		38,207		41,708		16,401		2007		5-40 yrs.
Horizon	Office		—		6,257		—		4,294		—		10,551		10,551		5,736		1980		5-40 yrs.
LakePointe One	Office		2,106		89		—		41,220		2,106		41,309		43,415		25,899		1986		5-40 yrs.
LakePointe Two	Office		2,000		15,848		672		13,455		2,672		29,303		31,975		17,383		1999		5-40 yrs.
Lakeside	Office		—		7,369		—		7,126		—		14,495		14,495		9,199		1978		5-40 yrs.
Lakeside/Parkside Garage	Office		—		—		—		5,731		—		5,731		5,731		3,197		2004		5-40 yrs.
One Harbour Place	Office		2,016		25,252		—		15,916		2,016		41,168		43,184		22,066		1985		5-40 yrs.
Parkside	Office		—		9,407		—		3,758		—		13,165		13,165		7,538		1979		5-40 yrs.
Pavilion	Office		—		16,394		—		7,052		—		23,446		23,446		14,425		1982		5-40 yrs.
Pavilion Parking Garage	Office		—		—		—		5,911		—		5,911		5,911		3,514		1999		5-40 yrs.
Spectrum	Office		1,454		14,502		—		6,513		1,454		21,015		22,469		12,054		1984		5-40 yrs.
Tower Place	Office		3,218		19,898		—		10,011		3,218		29,909		33,127		17,242		1988		5-40 yrs.
Westshore Square	Office		1,126		5,186		—		1,754		1,126		6,940		8,066		4,380		1976		5-40 yrs.
Meridian One	Office		1,849		22,363		—		5,464		1,849		27,827		29,676		8,416		1984		5-40 yrs.
Meridian Two	Office		1,302		19,588		—		6,848		1,302		26,436		27,738		8,604		1986		5-40 yrs.
Avion	Office		—		—		6,310		43,901		6,310		43,901		50,211		8,833		2016		5-40 yrs.
Truist Place	Office		1,980		102,138		—		29,849		1,980		131,987		133,967		32,733		1992		5-40 yrs.
Truist Place - Land	Office		2,225		—		—		—		2,225		—		2,225		—		N/A		N/A
Midtown West	Office	45,000		16,543		34,818		(218)		9,931		16,325		44,749		61,074		3,670		2021		5-40 yrs.
			$807,561		$4,271,654		$(40,453)		$1,689,241		$767,108		$5,960,895		$6,728,003		$1,743,390

(1)The cost basis for income tax purposes of aggregate land and buildings and tenant improvements as of December 31, 2023 is $6.6 billion.

(2)These assets are pledged as collateral for a $69.5 million first mortgage loan.

(3)These assets are pledged as collateral for a $124.5 million first mortgage loan.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Raleigh, State of North Carolina, on February 6, 2024.

Highwoods Properties, Inc.
By:	/s/ Theodore J. Klinck
	Theodore J. Klinck
	President and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacity and on the dates indicated.

Carlos E. Evans
Signature	Title	Date
/s/ Carlos E. Evans	Chairman of the Board of Directors	February 6, 2024
/s/ Theodore J. Klinck	President, Chief Executive Officer and Director	February 6, 2024
Theodore J. Klinck
/s/ Charles A. Anderson	Director	February 6, 2024
Charles A. Anderson
/s/ Gene H. Anderson	Director	February 6, 2024
Gene H. Anderson
/s/ Thomas P. Anderson	Director	February 6, 2024
Thomas P. Anderson
/s/ David L. Gadis	Director	February 6, 2024
David L. Gadis
/s/ David J. Hartzell	Director	February 6, 2024
David J. Hartzell
/s/ Anne H. Lloyd	Director	February 6, 2024
Anne H. Lloyd
/s/ Candice W. Todd	Director	February 6, 2024
Candice W. Todd
/s/ Brendan C. Maiorana	Executive Vice President and Chief Financial Officer	February 6, 2024
Brendan C. Maiorana
/s/ Daniel L. Clemmens	Vice President and Chief Accounting Officer	February 6, 2024
Daniel L. Clemmens

SIGNATURES

Highwoods Realty Limited Partnership
By:	Highwoods Properties, Inc., its sole general partner
By:	/s/ Theodore J. Klinck
	Theodore J. Klinck
	President and Chief Executive Officer

Carlos E. Evans
Signature	Title	Date
/s/ Carlos E. Evans	Chairman of the Board of Directors of the General Partner	February 6, 2024
/s/ Theodore J. Klinck	President, Chief Executive Officer and Director of the General Partner	February 6, 2024
Theodore J. Klinck
/s/ Charles A. Anderson	Director of the General Partner	February 6, 2024
Charles A. Anderson
/s/ Gene H. Anderson	Director of the General Partner	February 6, 2024
Gene H. Anderson
/s/ Thomas P. Anderson	Director of the General Partner	February 6, 2024
Thomas P. Anderson
/s/ David L. Gadis	Director of the General Partner	February 6, 2024
David L. Gadis
/s/ David J. Hartzell	Director of the General Partner	February 6, 2024
David J. Hartzell
/s/ Anne H. Lloyd	Director of the General Partner	February 6, 2024
Anne H. Lloyd
/s/ Candice W. Todd	Director of the General Partner	February 6, 2024
Candice W. Todd
/s/ Brendan C. Maiorana	Executive Vice President and Chief Financial Officer of the General Partner	February 6, 2024
Brendan C. Maiorana
/s/ Daniel L. Clemmens	Vice President and Chief Accounting Officer of the General Partner	February 6, 2024
Daniel L. Clemmens

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