SOURCE: Highwoods Properties

Highwoods Properties

April 26, 2011 17:16 ET

Highwoods Properties Secures Lease Renewal With CDC in Atlanta

RALEIGH, NC--(Marketwire - Apr 26, 2011) - Highwoods Properties, Inc. (NYSE: HIW), one of the largest owners and operators of office properties in the Southeast, today announced that it has renewed a lease for 100,800 square feet at 1825 Century Center in Atlanta with the General Services Administration ("GSA") on behalf of the Centers for Disease Control ("CDC"). The Company originally developed 1825 Century Center for the CDC and the federal agency continues to occupy 100% of this property.

Ed Fritsch, President and CEO of Highwoods, stated, "We are pleased the GSA has chosen to renew and extend its long-term commitment with Highwoods and we thank the GSA and the CDC for this renewal. The GSA currently leases 328,000 square feet at Century Center on behalf of the CDC and this location is a key part of their Atlanta operations. This new lease is effective when the current lease expires in July 2012 and includes no concessions and minimal leasing capex."

About Highwoods Properties
Highwoods Properties, headquartered in Raleigh, North Carolina, is a publicly traded (NYSE: HIW) real estate investment trust ("REIT") and a member of the S&P MidCap 400 Index. The Company is one of the largest owners and operators of office properties in the Southeast and provides leasing, management, development, construction and other customer-related services for its properties and for third parties. At March 31, 2011, Highwoods owned or had an interest in 329 in-service office, industrial and retail properties encompassing approximately 32.4 million square feet and owned 610 acres of development land. The Company's properties and development land are located in Florida, Georgia, Mississippi, Missouri, North Carolina, South Carolina, Tennessee and Virginia. For more information about Highwoods Properties, please visit our web site at www.highwoods.com.