WEBSITE Highwoods Properties Investor Day May 12 Nashville - Flipbook - Page 13
TRACK RECORD
SUNBELT vs GATEWAY: OFFICE TRADES
WELCOME TO HIGHWOODS
9.0%
8.5%
8.0%
119bps
HIW implied cap rate
7.5%
7.0%
6.5%
34bps
6.0%
5.0%
4.5%
Gateway
Source: Real Capital Analytics
Sunbelt: Atlanta, Austin, Charlotte, Dallas, Denver, Nashville, Phoenix, Raleigh, Tampa
Gateway: Boston, DC, NYC, San Francisco, LA
Sunbelt
Mar-22
Oct-21
May-21
Dec-20
Jul-20
Feb-20
Sep-19
Apr-19
Nov-18
Jun-18
Jan-18
Aug-17
Mar-17
Oct-16
May-16
Dec-15
Jul-15
Feb-15
Sep-14
Apr-14
Nov-13
Jun-13
Jan-13
Aug-12
Mar-12
Oct-11
May-11
4.0%
Dec-10
INVESTOR DAY | 2022
5.5%
