Highwoods (HIW) Stock Rises 11.1% Year to Date: Here's How
Shares of Highwoods Properties (HIW) have gained 11.1% in the year-to-date period against the industry's decline of 10.2%. The Raleigh, NC-based office real estate investment trust (REIT) is well-positioned to benefit from the growing demand for its premier office properties concentrated in high-growth Sun Belt markets. Its disciplined capital- recycling program and accretive development projects are other tailwinds. A healthy balance sheet position augurs well for long-term growth. The company, carrying a ...