|Bid||34.80 x 1300|
|Ask||38.90 x 800|
|Day's Range||37.54 - 38.65|
|52 Week Range||37.19 - 48.98|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||14.83|
|Earnings Date||Apr 25, 2022 - Apr 29, 2022|
|Forward Dividend & Yield||2.00 (5.15%)|
|Ex-Dividend Date||May 20, 2022|
|1y Target Est||49.56|
With the Triangle boasting one of the hottest job markets in the U.S., commercial real estate investors are holding firm in lease negotiations and banking on a flight to quality among corporate tenants seeking more highly amenitized office spaces to entice employees back to the office.
Highwoods Properties (HIW) announces sale of its non-core assets worth $98 million as part of its capital-recycling strategy.
RALEIGH, N.C., May 19, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has sold the FBI Tampa Field Office, a 138,000 square foot office building developed by Highwoods as a build-to-suit for the FBI in 2005 and renewed under a long-term lease in 2020, for $70.4 million. The Company also expects to close on the sale of its last remaining office buildings in Greensboro, which total 299,000 square feet and are 88.2% occupied, later this quarter or early in the third quarter for $20.