WEBSITE Highwoods Properties Investor Day May 12 Nashville - Flipbook - Page 54
BUILT FOR GROWTH
HIGHWOODTIZING: 11000 Weston (179,000 SF)
•
•
•
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Fidelity Investments vacated in 2018
Renovations completed 2018-2019
Currently 92% leased with NOI > prior stabilized NOI
Stabilized yield above spec development
INVESTED CAPITAL
OCCUPANCY
100%
80%
$M
40
60%
30
40%
20
INVESTOR DAY | 2022
20%
10
100%
0%
92%
2017
2018
Pro forma
0%
0
Initial
Renovation
NOI
$M
4
3
2
1
0
Fidelity
Pro forma
Raleigh
