Highwoods Says Final Goodbyes to Atlanta Industrial

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Earlier this year, Highwoods announced its impending exit from the Atlanta Industrial market; company sources explained Highwoods goals of focusing their portfolio on high-quality office assets. And today, Highwoods completed their vision with the sale of its final 16 industrial properties (in Atlanta, anyway). The 16 properties were sold for $91.6 million and totaled approximately 1.7 million square feet.

Highwoods has taken steps to bolster its Atlanta office portfolio with the recent purchases of Alliance Center in Buckhead and Riverwood 100 in Alpharetta.

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