SOURCE: Highwoods Properties, Inc.

Highwoods Properties, Inc.

September 23, 2015 16:15 ET

Kimley-Horn Moving U.S. Headquarters to Highwoods-Owned One Bank of America Plaza in CBD Raleigh

55,000 Square Foot Long-Term Lease Signed New Customer for Highwoods

RALEIGH, NC--(Marketwired - Sep 23, 2015) - Highwoods Properties, Inc. (NYSE: HIW) announced that Kimley-Horn, one of the country's premier design consulting firms, is moving its U.S. headquarters to Highwoods-owned One Bank of America Plaza in downtown Raleigh. Kimley-Horn will be occupying 55,000 square feet in the building the Company acquired in September 2014.

Ed Fritsch, president and chief executive officer of Highwoods, stated, "We are thrilled Kimley-Horn has chosen our property for their U.S. headquarters. This well-respected national organization is a great addition to Raleigh's vibrant and growing downtown business community and a strong endorsement of the attractiveness of this building's location in the heart of the city's CBD. Congratulations to our Raleigh team for their hard work in securing this long-term lease and we are flattered to become Kimley-Horn's landlord."

Jon Wilson, Senior Vice President and Southeast Regional Leader, stated, "Over the past ten years, we have played an active role in the revitalization of downtown Raleigh, and we believe its vibrancy will undoubtedly continue to mature and grow. We're really excited about consolidating our offices in the center of the downtown activity, and having Highwoods as our partner will be tremendous."

The Company noted that Kimley-Horn will be occupying space that a current customer will be vacating in December 2015. Kimley-Horn's lease commences April 2016.

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 a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Greensboro, Kansas City, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa. For more information about Highwoods Properties, please visit our website at www.highwoods.com.

About Kimley-Horn
Kimley-Horn, founded in 1967 by three Raleigh transportation engineers, is one of the nation's premier planning and design consulting firms. The firm has deep roots in the Triangle, most recently working on team developing the Wake County Transit plan.

With 2,500 staff members in more than 75 offices across the U.S, Kimley-Horn offers full design and planning services in a wide range of disciplines: transportation, aviation, energy, environmental services, land planning, landscape architecture, parking, roadways and bridges, transportation, transit, technology and water services.