WEBSITE Highwoods Properties Investor Day May 12 Nashville - Flipbook - Page 56
BUILT FOR GROWTH
HIGHWOODTIZING: Cool Springs I-V (940,000 SF)
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Tivity expiration at Cool Springs V in March 2023
Planned renovations for indoor & outdoor space include:
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Food & beverage
“Plug & play” live music pavilion
Playground
Sport/pickleball court
Pro forma yield in line with spec development
INVESTOR DAY | 2022
OCCUPANCY
INVESTED CAPITAL
100%
$M
80%
260
60%
195
40%
130
20%
0%
89%
65
93%
0
2022
Pro forma
Initial
Renovation
NOI
$M
20
15
10
5
0
Nashville
2022
Pro forma
