RALEIGH, N.C., Sept. 06, 2019 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has signed a 176,000 square foot renewal at Highwoods Preserve in Tampa. This was the Company’s largest remaining lease expiration through 2021. Following this lease renewal, the Company has only five lease expirations greater than 100,000 square feet scheduled to expire through 2021.

Ted Klinck, President and CEO stated, “I applaud our Tampa team for signing this long-term lease, thereby securing steady cash flow for the foreseeable future and reducing our near-term lease rollover risk.”

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.