Should You Retain Highwoods Properties Stock in Your Portfolio Now?

Highwoods Properties (HIW) is well-poised to capitalize on tenants' growing preference for premium office spaces with class-apart amenities. An aggressive capital-recycling program bodes well. However, competition from other industry players is likely to limit its pricing power and hurt profitability. In September 2024, Highwoods announced that the company has signed 738,000 square feet of secondgeneration leases since July 1, 2024, including new leases spanning more than 400,000 square feet. Shares of HIW ...