Highwoods sells Bridgestone Tower in Nashville for $255 million
Highwoods Properties
Highwoods Properties HIW | 0.00 |
- Highwoods Properties sold Bridgestone Tower, a 513,000-square-foot office tower in CBD Nashville, for USD 255 million.
- Asset is 100% leased, projected to generate about USD 17 million of annual cash and GAAP net operating income in 2026.
- Sale expected to produce a non-FFO gain of about USD 75 million in Q2 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Highwoods Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605121800PRIMZONEFULLFEED9718993) on May 12, 2026, and is solely responsible for the information contained therein.
