Highwoods Properties Sells Non-Core Raleigh Properties for $79.4 Million
Thursday, 4 April 2024, 20:11
Highwoods Properties Sells Non-Core Properties in Raleigh
Highwoods Properties, a prominent real estate firm, has successfully sold off non-core properties in Raleigh for a significant sum of $79.4 million.
Details of the Sale:
- The properties had an 85% occupancy rate
- The sale is projected to generate income of $6 million in 2024
This move showcases Highwoods Properties' commitment to strategic portfolio management and capital optimization.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.