- American City Business Journals•2 days ago
Highwoods Properties (HIW) has finalized its much-anticipated purchase of the 11-story Charter Square office property in downtown Raleigh , with an announcement late Tuesday that it had sealed the deal. Highwoods disclosed that it plans to invest a total $83.5 million in the purchase of Charter Square, which includes $5.1 million in planned near-term building improvements and additional capital set aside for new tenant improvement inducements. Highwoods now owns 913,000 square feet of Class A office space in the downtown Raleigh business district with its three buildings – PNC Plaza, One City Plaza and Charter Square – plus a future development site that can support up to 300,000 square feet of new Class A office.
- Zacks•2 days ago
Highwoods Properties, Inc. (HIW) announced the acquisition of office property, Charter Square, in CBD Raleigh. The buyout fits the company's strategy of expansion in the BBDs.
Highwoods Properties Inc. (HIW)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||45.06 x 100|
|Ask||54.58 x 100|
|Day's Range||51.92 - 52.68|
|52wk Range||38.08 - 56.23|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||9.73|
|Avg Vol (3m)||622,459|
|Dividend & Yield||1.70 (3.22%)|