RALEIGH, N.C., July 16, 2019 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has signed a lease for 46,000 square feet at 11000 Weston Parkway in Cary NC, one of Raleigh’s BBDs. The lease is with a new customer for the Company’s Raleigh division with a strong credit profile. 11000 Weston is a 178,000 square foot property that was formerly solely occupied by Fidelity Investments.

Ed Fritsch, CEO stated, “We’re nearing completion of upgrades to the common areas of 11000 Weston, including converting the building to a multi-customer property. These enhancements, combined with its location in the mixed-use Weston PUD and overlooking the 520 acre Lake Crabtree, are driving strong interest from prospects.”

About Highwoods

Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Greensboro, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa. For more information about Highwoods, please visit our website at www.highwoods.com.