WEBSITE Highwoods Properties Investor Day May 12 Nashville - Flipbook - Page 59
BUILT FOR GROWTH
HIGHWOODTIZING: Brentwood Collection (380,000 SF)
•
•
•
Currently 80% Leased
Planned renovations include:
Roadway, exterior, interior, and lobby upgrades
Stabilized yield comparable to spec development yields
OCCUPANCY
INVESTED CAPITAL
$M
INVESTOR DAY | 2022
100%
80%
100
60%
75
40%
50
20%
25
0%
80%
96%
2022
Pro forma
0
Initial
Renovation
NOI
$M
8
6
4
2
0
2022
Pro forma
Nashville