Highwoods Properties Inc. released its first-quarter 2025 financial results, showcasing a continued focus on creating environments that inspire collaboration and higher productivity. As of March 31, 2025, the company's portfolio included 26.7 million square feet, with an occupancy rate of 88.1%. The development pipeline was noted at 1.4 million square feet. Highwoods Properties highlighted its strong presence in the Sunbelt region, contributing to more than 95% of its net operating income. The company's strategic emphasis on the Sunbelt markets, which include Atlanta, Austin, Charlotte, Dallas, Houston, Nashville, Orlando, Phoenix, Raleigh, and Tampa, aligns with demographic trends indicating a 3.0x population growth and a 1.9x employment growth compared to the U.S. average from 2010 to 2024. The weighted average lease term stands at 5.8 years, reflecting stability in tenant agreements. Highwoods Properties did not provide specific figures for revenue, net income, or earnings per share in the document. However, the company remains optimistic about its market positioning and growth prospects in its core regions.
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