WEBSITE Highwoods Properties Investor Day May 12 Nashville - Flipbook - Page 55
BUILT FOR GROWTH
HIGHWOODTIZING: Forum I-V (635,000 SF)
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•
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Allscripts vacated 304,000 SF in 2017
Renovations completed 2017-2018
Currently 94% leased with NOI > prior stabilized NOI
Stabilized yield above spec development
INVESTED CAPITAL
OCCUPANCY
$M
120
100%
80%
60%
90
40%
60
INVESTOR DAY | 2022
20%
0%
50%
94%
94%
2016
2017
30
94%
94%
0
Stabilized
94%
Initial
Renovation
NOI
$M
15
10
5
0
2016
Stabilized
Raleigh