Highwoods Properties Demonstrates Resilience in Challenging Office Market

While the broader office real estate sector continues to grapple with vacancies and valuation pressures, Highwoods Properties has emerged with a surprisingly strong performance. The REIT’s strategic focus on Sun Belt markets and strengthened financial position appear to be key differentiators in navigating current market turbulence.

Highwoods recently executed two significant financial maneuvers that enhance its stability:

• Credit Facility Extension: On August 12, 2025, the company successfully extended a $200 million term loan, pushing its maturity from May 2026 to January 2029. The revised arrangement carries an interest rate of SOFR plus 95 basis points, incorporating a sustainability-linked incentive feature.

• Strategic Acquisition: In a $111.5 million transaction, Highwoods acquired the Legacy Union Parking Garage in... Read more...