Raleigh-based Highwoods Properties has sold its 151,000-square-foot headquarters to a local real estate investor and businessman.
A well-diversified tenant base and efforts to expand in the high-growth markets are likely to aid Highwoods (HIW). However, large-scale asset sell-offs and stiff competition are concerning.
Highwoods Properties (HIW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.