Highwoods Properties (NYSE:HIW) (NYSE:HIW) is a leading real estate investment trust (REIT) specializing in the ownership, development and management of office properties across primary markets in the Southeastern United States and Texas. Headquartered in Raleigh, North Carolina, the company focuses on creating vibrant business environments through high-quality, Class A office buildings, multi-tenant complexes and business parks. Since its founding in 1971, Highwoods has built a diversified portfolio of properties in major metropolitan centers including Atlanta, Charlotte, Nashville, Tampa, Orlando, Austin and Raleigh.
The company’s business activities encompass land acquisition, project design, construction and leasing, as well as comprehensive asset and property management services. Highwoods works closely with corporate, governmental and professional service tenants to deliver customized real estate solutions, integrating modern amenities, sustainable building practices and strategic locations to enhance performance and tenant satisfaction. By leveraging in-house design and construction expertise, the firm pursues value-added redevelopment and adaptive reuse projects to reposition assets in evolving markets.
Highwoods Properties has evolved through strategic acquisitions and disciplined development initiatives since its initial public offering in 1993. Over the years, the company has expanded its presence beyond the Carolinas into high-growth Sun Belt markets, capitalizing on demographic trends and robust economic activity. In March 2022, Highwoods was acquired by Prologis, Inc., reflecting the high regard for its portfolio quality and market positioning. This transaction underscored the strategic value of Highwoods’ assets and its established platform for future real estate endeavors.
The leadership team at Highwoods was spearheaded by John A. Williams, who served as Chairman, President and Chief Executive Officer, guiding the company through multiple economic cycles and growth phases. Under his stewardship, the firm emphasized disciplined capital allocation, tenant-focused service delivery and sustainable development practices. The company’s management and board were composed of seasoned real estate professionals committed to maintaining high operational standards and fostering community partnerships in the regions it serves.
