Highwoods Drops More Industrial Properties

Highwoods

Highwoods has made effort to unload their industrial properties in Atlanta over the last year, and several industrial investors couldn’t be happier with their choice. Highwoods sold a two-building, 191,000 SF industrial complex located off Southside Industrial Parkway to Huntington Industrial Partners for $4.78 million. Highwoods then unloaded five buildings in Peachtree Corners to Hailey Realty; when combined, these five assets brought Highwoods more than $5 million. But they’re not stopping there – Highwoods is already in talks to sell Newpoint Place, Corporate Lakes, and Tradeport. Sources from Highwoods say that they are leaving the industrial side of the industry in order to better focus on the office side of things.

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