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Tuesday, July 14, 2009, 4:00PM ET - U.S. Markets Closed. Dow Up 0.34% Nasdaq Up 0.36%
Highwoods Properties Inc. (HIW)At 3:45PM ET: 21.06  Down 0.05 (0.24%)  
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Highwoods Properties Inc.
3100 Smoketree Court
Suite 600
Raleigh, NC 27604
United States - Map
Phone: 919-872-4924
Fax: 919-876-2448
Web Site: http://www.highwoods.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Retail
Full Time Employees:437

BUSINESS SUMMARY 
Highwoods Properties, Inc., an equity real estate investment trust, engages in the acquisition, development, and operation of rental real estate properties in the United States. It owns and operates suburban office, industrial, retail, and residential properties in the southeastern and midwestern United States. As of December 31, 2006, it owned 322 in-service office, industrial, and retail properties, as well as 109 rental residential units. The company also held interest in 70 in-service office and industrial properties, and 418 rental residential units; owned 719 acres of development land; developed or re-developed 16 wholly owned properties, comprising approximately 2.7 million square feet and 139 for-sale condominiums; developed an office property of approximately 31,000 square feet; and a for-rent residential project, comprising 332 units, as of the above date. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Highwoods Properties was founded in 1978 and is based in Raleigh, North Carolina.
Key Statistics

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    CORPORATE GOVERNANCE 
    Highwoods Properties Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Jul-09 is better than 85.1% of S&P 400 companies and 91.7% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Edward J. Fritsch , 49
    Chief Exec. Officer, Pres, Exec. Director, Chairman of Investment Committee and Ex-Officio Member of Exec. Committee
    $ 1.72M $ 2.15M
    Mr. Terry L. Stevens CPA, 60
    Chief Financial Officer, Sr. VP and Treasurer
    $ 850.00K $ 654.00K
    Mr. Michael E. Harris , 59
    Chief Operating Officer and Exec. VP
    $ 932.00K $ 1.69M
    Mr. Jeffrey D. Miller , 38
    VP, Sec. and Gen. Counsel
    $ 582.00KN/A
    Mr. W. Brian Reames , 45
    Sr. VP and Regional Mang.
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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