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Schedule III
12 Months Ended
Dec. 31, 2015
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule Of Real Estate And Accumulated Depreciation Note To Schedule III [Text Block]
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP

NOTE TO SCHEDULE III
(in thousands)

The following table sets forth the activity of real estate assets and accumulated depreciation:
 
 
December 31,
 
2015
 
2014
 
2013
 
 
 
(as revised)
 
(as revised)
Real estate assets:
 
 
 
 
 
Beginning balance
$
4,271,966

 
$
4,215,275

 
$
3,510,126

Additions:
 
 
 
 
 
Acquisitions, development and improvements
708,793

 
282,105

 
735,183

Cost of real estate sold and retired
(64,901
)
 
(225,414
)
 
(30,034
)
Ending balance (a)
$
4,915,858

 
$
4,271,966

 
$
4,215,275

Accumulated depreciation:
 
 
 
 
 
Beginning balance
$
1,024,936

 
$
977,074

 
$
868,276

Depreciation expense
168,663

 
154,448

 
138,163

Real estate sold and retired
(55,221
)
 
(106,586
)
 
(29,365
)
Ending balance (b)
$
1,138,378

 
$
1,024,936

 
$
977,074


(a)
Reconciliation of total real estate assets to balance sheet caption:
 
2015
 
2014
 
2013
 
 
 
(as revised)
 
(as revised)
Total per Schedule III
$
4,915,858

 
$
4,271,966

 
$
4,215,275

Development in-process exclusive of land included in Schedule III
194,050

 
201,409

 
44,621

Real estate assets, net, held for sale
(340,581
)
 
(331,813
)
 
(334,722
)
Total real estate assets
$
4,769,327

 
$
4,141,562

 
$
3,925,174


(b)
Reconciliation of total accumulated depreciation to balance sheet caption:
 
2015
 
2014
 
2013
 
 
 
(as revised)
 
(as revised)
Total per Schedule III
$
1,138,378

 
$
1,024,936

 
$
977,074

Real estate assets, net, held for sale
(131,274
)
 
(131,419
)
 
(124,883
)
Total accumulated depreciation
$
1,007,104

 
$
893,517

 
$
852,191

Real Estate and Accumulated Depreciation Disclosure [Text Block]
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
(in thousands)
 
December 31, 2015

 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Atlanta, GA
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1700 Century Circle
 
Office
 
 
 
$

 
$
2,482

 
$
2

 
$
1,240

 
$
2

 
$
3,722

 
$
3,724

 
$
920

 
1983
 
 5-40 yrs.
1800 Century Boulevard
 
Office
 
 
 
1,444

 
29,081

 

 
13,556

 
1,444

 
42,637

 
44,081

 
22,790

 
1975
 
 5-40 yrs.
1825 Century Parkway
 
Office
 
 
 
864

 

 
303

 
14,439

 
1,167

 
14,439

 
15,606

 
5,039

 
2002
 
 5-40 yrs.
1875 Century Boulevard
 
Office
 
 
 

 
8,924

 

 
4,431

 

 
13,355

 
13,355

 
4,878

 
1976
 
 5-40 yrs.
1900 Century Boulevard
 
Office
 
 
 

 
4,744

 

 
771

 

 
5,515

 
5,515

 
2,793

 
1971
 
 5-40 yrs.
2200 Century Parkway
 
Office
 
 
 

 
14,432

 

 
4,566

 

 
18,998

 
18,998

 
9,069

 
1971
 
 5-40 yrs.
2400 Century Parkway
 
Office
 
 
 

 

 
406

 
12,730

 
406

 
12,730

 
13,136

 
5,532

 
1998
 
 5-40 yrs.
2500 Century Parkway
 
Office
 
 
 

 

 
328

 
14,423

 
328

 
14,423

 
14,751

 
5,577

 
2005
 
 5-40 yrs.
2500/2635 Parking Garage
 
Office
 
 
 

 

 

 
6,317

 

 
6,317

 
6,317

 
1,592

 
2005
 
 5-40 yrs.
2600 Century Parkway
 
Office
 
 
 

 
10,679

 

 
3,962

 

 
14,641

 
14,641

 
7,819

 
1973
 
 5-40 yrs.
2635 Century Parkway
 
Office
 
 
 

 
21,643

 

 
4,139

 

 
25,782

 
25,782

 
11,767

 
1980
 
 5-40 yrs.
2800 Century Parkway
 
Office
 
 
 

 
20,449

 

 
11,876

 

 
32,325

 
32,325

 
13,102

 
1983
 
 5-40 yrs.
50 Glenlake
 
Office
 
 
 
2,500

 
20,006

 

 
3,491

 
2,500

 
23,497

 
25,997

 
10,569

 
1997
 
 5-40 yrs.
Bluegrass Valley - Land
 
Industrial
 
 
 
19,711

 

 
(17,295
)
 

 
2,416

 

 
2,416

 

 
N/A
 
N/A
Century Plaza I
 
Office
 
 
 
1,290

 
8,567

 

 
4,191

 
1,290

 
12,758

 
14,048

 
5,171

 
1981
 
 5-40 yrs.
Century Plaza II
 
Office
 
 
 
1,380

 
7,733

 

 
2,805

 
1,380

 
10,538

 
11,918

 
4,154

 
1984
 
 5-40 yrs.
Federal Aviation Administration
 
Office
 
 
 
1,196

 

 
1,416

 
15,188

 
2,612

 
15,188

 
17,800

 
4,015

 
2009
 
 5-40 yrs.
Henry County - Land
 
Industrial
 
 
 
3,010

 

 
13

 

 
3,023

 

 
3,023

 

 
N/A
 
N/A
Highwoods Ctr III at Tradeport
 
Office
 
 
 
409

 

 
130

 
4,040

 
539

 
4,040

 
4,579

 
1,126

 
2001
 
 5-40 yrs.
5405 Windward Parkway
 
Office
 
 
 
3,342

 
32,111

 

 
18,716

 
3,342

 
50,827

 
54,169

 
15,765

 
1998
 
 5-40 yrs.
Riverpoint - Land
 
Industrial
 
 
 
7,250

 

 
3,913

 
2,549

 
11,163

 
2,549

 
13,712

 
391

 
N/A
 
5-40 yrs.
Riverwood 100
 
Office
 
 
 
5,785

 
64,913

 
(29
)
 
11,937

 
5,756

 
76,850

 
82,606

 
10,357

 
1989
 
5-40 yrs.
South Park Residential - Land
 
Other
 
 
 
50

 

 
7

 

 
57

 

 
57

 

 
N/A
 
N/A
South Park Site - Land
 
Industrial
 
 
 
1,204

 

 
754

 

 
1,958

 

 
1,958

 

 
N/A
 
N/A
Tradeport - Land
 
Industrial
 
 
 
5,243

 

 
(4,559
)
 

 
684

 

 
684

 

 
N/A
 
N/A
Two Point Royal
 
Office
 
 
 
1,793

 
14,964

 

 
3,298

 
1,793

 
18,262

 
20,055

 
7,722

 
1997
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Two Alliance Center
 
Office
 
 
 
9,579

 
125,549

 

 
3,350

 
9,579

 
128,899

 
138,478

 
16,372

 
2009
 
5-40 yrs.
One Alliance Center
 
Office
 
 
 
14,775

 
123,071

 

 
10,410

 
14,775

 
133,481

 
148,256

 
11,405

 
2001
 
5-40 yrs.
10 Glenlake North
 
Office
 
 
 
5,349

 
26,334

 

 
638

 
5,349

 
26,972

 
32,321

 
3,693

 
2000
 
5-40 yrs.
10 Glenlake South
 
Office
 
 
 
5,103

 
22,811

 

 
2,437

 
5,103

 
25,248

 
30,351

 
2,468

 
1999
 
5-40 yrs.
Riverwood 300 Land
 
Office
 
 
 

 

 
400

 

 
400

 

 
400

 

 
N/A
 
N/A
Monarch Tower
 
Office
 
 
 

 

 
22,717

 
143,068

 
22,717

 
143,068

 
165,785

 
2,090

 
1997
 
5-40 yrs.
Monarch Plaza
 
Office
 
 
 

 

 
27,678

 
88,962

 
27,678

 
88,962

 
116,640

 
1,191

 
1983
 
5-40 yrs.
Kansas City, MO
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Country Club Plaza
 
Retail
 
 
 
14,286

 
146,879

 
(198
)
 
139,896

 
14,088

 
286,775

 
300,863

 
117,945

 
1920-2002
 
5-40 yrs.
Land - Hotel Land - Valencia
 
Office
 
 
 
978

 

 
111

 

 
1,089

 

 
1,089

 

 
N/A
 
N/A
Park Plaza Building
 
Office
 
 
 
1,384

 
6,410

 

 
2,842

 
1,384

 
9,252

 
10,636

 
3,713

 
1983
 
 5-40 yrs.
Two Emanuel Cleaver Boulevard
 
Office
 
 
 
984

 
4,402

 

 
2,192

 
984

 
6,594

 
7,578

 
2,930

 
1983
 
 5-40 yrs.
Valencia Place Office
 
Office
 
 
 
1,576

 

 
970

 
34,270

 
2,546

 
34,270

 
36,816

 
12,519

 
1999
 
 5-40 yrs.
Memphis, TN
 
 
 
 
 
 
 
 
 


 
 
 
 
 
 
 
 
 
 
 
 
 
 
3400 Players Club Parkway
 
Office
 
 
 
1,005

 

 
207

 
6,221

 
1,212

 
6,221

 
7,433

 
2,533

 
1997
 
 5-40 yrs.
Triad Centre I
 
Office
 
 
 
2,340

 
11,385

 
(849
)
 
4,663

 
1,491

 
16,048

 
17,539

 
6,467

 
1985
 
 5-40 yrs.
Triad Centre II
 
Office
 
 
 
1,980

 
8,677

 
(404
)
 
4,564

 
1,576

 
13,241

 
14,817

 
4,634

 
1987
 
 5-40 yrs.
Atrium I & II
 
Office
 
 
 
1,570

 
6,253

 

 
2,950

 
1,570

 
9,203

 
10,773

 
4,245

 
1984
 
 5-40 yrs.
Centrum
 
Office
 
 
 
1,013

 
5,580

 

 
2,563

 
1,013

 
8,143

 
9,156

 
4,030

 
1979
 
 5-40 yrs.
Comcast
 
Office
 
 
 
946

 

 

 
8,620

 
946

 
8,620

 
9,566

 
3,036

 
2008
 
 5-40 yrs.
International Place Phase II
 
Office
 
 
 
4,884

 
27,782

 

 
5,227

 
4,884

 
33,009

 
37,893

 
15,842

 
1988
 
 5-40 yrs.
PennMarc Centre
 
Office
 
 
 
3,607

 
10,240

 

 
3,008

 
3,607

 
13,248

 
16,855

 
3,094

 
2008
 
 5-40 yrs.
Shadow Creek I
 
Office
 
 
 
924

 

 
466

 
7,302

 
1,390

 
7,302

 
8,692

 
2,710

 
2000
 
 5-40 yrs.
Shadow Creek II
 
Office
 
 
 
734

 

 
467

 
6,901

 
1,201

 
6,901

 
8,102

 
2,521

 
2001
 
 5-40 yrs.
Southwind Office Center A
 
Office
 
 
 
1,004

 
5,694

 
282

 
1,304

 
1,286

 
6,998

 
8,284

 
3,337

 
1991
 
 5-40 yrs.
Southwind Office Center B
 
Office
 
 
 
1,366

 
7,754

 

 
1,261

 
1,366

 
9,015

 
10,381

 
4,321

 
1990
 
 5-40 yrs.
Southwind Office Center C
 
Office
 
 
 
1,070

 

 
221

 
5,355

 
1,291

 
5,355

 
6,646

 
2,396

 
1998
 
 5-40 yrs.
Southwind Office Center D
 
Office
 
 
 
744

 

 
193

 
5,639

 
937

 
5,639

 
6,576

 
2,316

 
1999
 
 5-40 yrs.
Colonnade
 
Office
 
 
 
1,300

 
6,481

 
267

 
2,226

 
1,567

 
8,707

 
10,274

 
3,343

 
1998
 
 5-40 yrs.
ThyssenKrupp Elevator Mfg Headquarters
 
Office
 
 
 
1,040

 

 
25

 
8,342

 
1,065

 
8,342

 
9,407

 
3,298

 
2007
 
 5-40 yrs.
Crescent Center
 
Office
 
 
 
7,875

 
32,756

 
(547
)
 
8,774

 
7,328

 
41,530

 
48,858

 
7,410

 
1986
 
 5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Southwind - Land
 
Office
 
 
 
3,662

 

 
(1,477
)
 

 
2,185

 

 
2,185

 

 
N/A
 
N/A
Triad Centre III
 
Office
 
 
 
1,253

 

 

 
36,795

 
1,253

 
36,795

 
38,048

 
7,136

 
2009
 
 5-40 yrs.
Capital Grille
 
Office
 
 
 

 

 
311

 
3,258

 
311

 
3,258

 
3,569

 
506

 
2014
 
 5-40 yrs.
Seasons 52
 
Office
 
 
 

 

 
320

 
3,741

 
320

 
3,741

 
4,061

 
570

 
2014
 
 5-40 yrs.
International Place IV
 
Office
 
 
 

 

 
4,940

 
49,141

 
4,940

 
49,141

 
54,081

 
1,124

 
2015
 
 5-40 yrs.
Nashville, TN
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3322 West End
 
Office
 
 
 
3,025

 
27,490

 

 
3,658

 
3,025

 
31,148

 
34,173

 
12,830

 
1986
 
 5-40 yrs.
3401 West End
 
Office
 
 
 
5,862

 
22,917

 

 
3,402

 
5,862

 
26,319

 
32,181

 
13,300

 
1982
 
 5-40 yrs.
5310 Maryland Way
 
Office
 
 
 
1,863

 
7,201

 

 
3,651

 
1,863

 
10,852

 
12,715

 
4,037

 
1994
 
 5-40 yrs.
Cool Springs 1 & 2 Deck
 
Office
 
 
 

 

 

 
3,989

 

 
3,989

 
3,989

 
809

 
2007
 
 5-40 yrs.
Cool Springs 3 & 4 Deck
 
Office
 
 
 

 

 

 
4,461

 

 
4,461

 
4,461

 
969

 
2007
 
 5-40 yrs.
Cool Springs I
 
Office
 
 
 
1,583

 

 
15

 
14,069

 
1,598

 
14,069

 
15,667

 
5,571

 
1999
 
 5-40 yrs.
Cool Springs II
 
Office
 
 
 
1,824

 

 
346

 
17,826

 
2,170

 
17,826

 
19,996

 
6,413

 
1999
 
 5-40 yrs.
Cool Springs III
 
Office
 
 
 
1,631

 

 
804

 
15,602

 
2,435

 
15,602

 
18,037

 
3,809

 
2006
 
 5-40 yrs.
Cool Springs IV
 
Office
 
 
 
1,715

 

 

 
19,303

 
1,715

 
19,303

 
21,018

 
3,785

 
2008
 
 5-40 yrs.
Cool Springs V – Healthways
 
Office
 
 
 
3,688

 

 
295

 
52,959

 
3,983

 
52,959

 
56,942

 
13,966

 
2007
 
 5-40 yrs.
Harpeth On The Green II
 
Office
 
 
 
1,419

 
5,677

 

 
1,955

 
1,419

 
7,632

 
9,051

 
3,857

 
1984
 
 5-40 yrs.
Harpeth On The Green III
 
Office
 
 
 
1,660

 
6,649

 

 
2,222

 
1,660

 
8,871

 
10,531

 
3,852

 
1987
 
 5-40 yrs.
Harpeth On The Green IV
 
Office
 
 
 
1,713

 
6,842

 

 
1,674

 
1,713

 
8,516

 
10,229

 
4,028

 
1989
 
 5-40 yrs.
Harpeth On The Green V
 
Office
 
 
 
662

 

 
197

 
5,427

 
859

 
5,427

 
6,286

 
2,090

 
1998
 
 5-40 yrs.
Hickory Trace
 
Office
 
 
 
1,164

 

 
164

 
4,473

 
1,328

 
4,473

 
5,801

 
1,568

 
2001
 
5-40 yrs.
Highwoods Plaza I
 
Office
 
 
 
1,552

 

 
307

 
8,844

 
1,859

 
8,844

 
10,703

 
4,192

 
1996
 
 5-40 yrs.
Highwoods Plaza II
 
Office
 
 
 
1,448

 

 
307

 
8,805

 
1,755

 
8,805

 
10,560

 
2,953

 
1997
 
 5-40 yrs.
Seven Springs - Land II
 
Office
 
 
 
3,715

 

 
(3,715
)
 

 

 

 

 

 
N/A
 
N/A
Seven Springs I
 
Office
 
 
 
2,076

 

 
592

 
12,327

 
2,668

 
12,327

 
14,995

 
4,181

 
2002
 
 5-40 yrs.
SouthPointe
 
Office
 
 
 
1,655

 

 
310

 
7,022

 
1,965

 
7,022

 
8,987

 
3,031

 
1998
 
 5-40 yrs.
The Ramparts of Brentwood
 
Office
 
 
 
2,394

 
12,806

 

 
2,414

 
2,394

 
15,220

 
17,614

 
6,485

 
1986
 
 5-40 yrs.
Westwood South
 
Office
 
 
 
2,106

 

 
382

 
10,247

 
2,488

 
10,247

 
12,735

 
3,756

 
1999
 
 5-40 yrs.
100 Winners Circle
 
Office
 
 
 
1,497

 
7,258

 

 
1,924

 
1,497

 
9,182

 
10,679

 
4,124

 
1987
 
 5-40 yrs.
The Pinnacle at Symphony Place
 
Office
 
 
 

 
141,469

 

 
5,748

 

 
147,217

 
147,217

 
12,358

 
2010
 
 5-40 yrs.
Seven Springs East
 
Office
 
 
 

 

 
2,525

 
37,587

 
2,525

 
37,587

 
40,112

 
2,529

 
2013
 
 5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
The Shops at Seven Springs
 
Office
 
 
 

 

 
803

 
8,223

 
803

 
8,223

 
9,026

 
674

 
2013
 
 5-40 yrs.
Orlando, FL
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Berkshire at MetroCenter
 
Office
 
 
 
1,265

 

 
672

 
11,810

 
1,937

 
11,810

 
13,747

 
2,969

 
2007
 
 5-40 yrs.
Capital Plaza III - Land
 
Office
 
 
 
2,994

 

 
18

 

 
3,012

 

 
3,012

 

 
N/A
 
 N/A
Eola Park - Land
 
Office
 
 
 
2,027

 

 

 

 
2,027

 

 
2,027

 

 
N/A
 
 N/A
Oxford - Land
 
Office
 
 
 
1,100

 

 
51

 

 
1,151

 

 
1,151

 

 
N/A
 
 N/A
Stratford - Land
 
Office
 
 
 
2,034

 

 
(148
)
 

 
1,886

 

 
1,886

 

 
N/A
 
 N/A
Windsor at MetroCenter
 
Office
 
 
 

 

 
2,060

 
8,353

 
2,060

 
8,353

 
10,413

 
2,553

 
2002
 
 5-40 yrs.
The 1800 Eller Drive Building
 
Office
 
 
 

 
9,851

 

 
3,461

 

 
13,312

 
13,312

 
7,122

 
1983
 
 5-40 yrs.
Seaside Plaza
 
Office
 
 
 
3,893

 
29,541

 

 
4,127

 
3,893

 
33,668

 
37,561

 
3,368

 
1982
 
 5-40 yrs.
Capital Plaza Two
 
Office
 
 
 
4,346

 
43,394

 

 
2,491

 
4,346

 
45,885

 
50,231

 
3,822

 
1999
 
 5-40 yrs.
Capital Plaza One
 
Office
 
 
 
3,482

 
27,321

 

 
1,693

 
3,482

 
29,014

 
32,496

 
3,119

 
1975
 
 5-40 yrs.
Landmark Center Two
 
Office
 
 
 
4,743

 
22,031

 

 
3,579

 
4,743

 
25,610

 
30,353

 
2,545

 
1985
 
 5-40 yrs.
Landmark Center One
 
Office
 
 
 
6,207

 
22,655

 

 
3,031

 
6,207

 
25,686

 
31,893

 
2,345

 
1983
 
 5-40 yrs.
Lincoln Plaza
 
Office
 
 
 
3,490

 
56,079

 

 
611

 
3,490

 
56,690

 
60,180

 
2,130

 
2000
 
 5-40 yrs.
Eola
 
Office
 
19,199
 

 

 
3,758

 
11,160

 
3,758

 
11,160

 
14,918

 
716

 
1969
 
 5-40 yrs.
Greensboro, NC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
6348 Burnt Poplar
 
Industrial
 
 
 
724

 
2,900

 

 
254

 
724

 
3,154

 
3,878

 
1,660

 
1990
 
 5-40 yrs.
6350 Burnt Poplar
 
Industrial
 
 
 
341

 
1,374

 

 
343

 
341

 
1,717

 
2,058

 
804

 
1992
 
 5-40 yrs.
420 Gallimore Dairy Road
 
Office
 
 
 
379

 
1,516

 

 
619

 
379

 
2,135

 
2,514

 
1,006

 
1990
 
 5-40 yrs.
418 Gallimore Dairy Road
 
Office
 
 
 
462

 
1,849

 

 
589

 
462

 
2,438

 
2,900

 
1,207

 
1986
 
 5-40 yrs.
416 Gallimore Dairy Road
 
Office
 
 
 
322

 
1,293

 

 
417

 
322

 
1,710

 
2,032

 
814

 
1986
 
 5-40 yrs.
7031 Albert Pick Road
 
Office
 
 
 
510

 
2,921

 

 
2,587

 
510

 
5,508

 
6,018

 
2,700

 
1986
 
 5-40 yrs.
7029 Albert Pick Road
 
Office
 
 
 
739

 
3,237

 

 
1,837

 
739

 
5,074

 
5,813

 
2,443

 
1988
 
 5-40 yrs.
7025 Albert Pick Road
 
Office
 
 
 
2,393

 
9,576

 

 
5,190

 
2,393

 
14,766

 
17,159

 
6,988

 
1990
 
 5-40 yrs.
7027 Albert Pick Road
 
Office
 
 
 
850

 

 
699

 
4,531

 
1,549

 
4,531

 
6,080

 
1,851

 
1997
 
 5-40 yrs.
7009 Albert Pick Road
 
Industrial
 
 
 
224

 
1,068

 

 
275

 
224

 
1,343

 
1,567

 
629

 
1990
 
 5-40 yrs.
426 Gallimore Dairy Road
 
Office
 
 
 
465

 

 
380

 
1,253

 
845

 
1,253

 
2,098

 
542

 
1996
 
 5-40 yrs.
422 Gallimore Dairy Road
 
Industrial
 
 
 
145

 
1,081

 

 
377

 
145

 
1,458

 
1,603

 
743

 
1990
 
 5-40 yrs.
406 Gallimore Dairy Road
 
Office
 
 
 
265

 

 
270

 
911

 
535

 
911

 
1,446

 
471

 
1996
 
 5-40 yrs.
7021 Albert Pick Road
 
Industrial
 
 
 
237

 
1,103

 

 
286

 
237

 
1,389

 
1,626

 
698

 
1985
 
 5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
7019 Albert Pick Road
 
Industrial
 
 
 
192

 
946

 

 
310

 
192

 
1,256

 
1,448

 
552

 
1985
 
 5-40 yrs.
7015 Albert Pick Road
 
Industrial
 
 
 
305

 
1,219

 

 
283

 
305

 
1,502

 
1,807

 
757

 
1985
 
 5-40 yrs.
7017 Albert Pick Road
 
Industrial
 
 
 
225

 
928

 

 
459

 
225

 
1,387

 
1,612

 
571

 
1985
 
 5-40 yrs.
7011 Albert Pick Road
 
Industrial
 
 
 
171

 
777

 

 
380

 
171

 
1,157

 
1,328

 
541

 
1990
 
 5-40 yrs.
424 Gallimore Dairy Road
 
Office
 
 
 
271

 

 
239

 
818

 
510

 
818

 
1,328

 
340

 
1997
 
 5-40 yrs.
410 Gallimore Dairy Road
 
Industrial
 
 
 
356

 
1,613

 

 
734

 
356

 
2,347

 
2,703

 
1,058

 
1985
 
 5-40 yrs.
412 Gallimore Dairy Road
 
Industrial
 
 
 
374

 
1,523

 

 
573

 
374

 
2,096

 
2,470

 
996

 
1985
 
 5-40 yrs.
408 Gallimore Dairy Road
 
Industrial
 
 
 
341

 
1,486

 

 
768

 
341

 
2,254

 
2,595

 
1,189

 
1986
 
 5-40 yrs.
414 Gallimore Dairy Road
 
Industrial
 
 
 
659

 
2,676

 

 
958

 
659

 
3,634

 
4,293

 
1,821

 
1988
 
 5-40 yrs.
237 Burgess Road
 
Industrial
 
 
 
860

 
2,919

 

 
689

 
860

 
3,608

 
4,468

 
1,990

 
1986
 
 5-40 yrs.
235 Burgess Road
 
Industrial
 
 
 
1,302

 
4,392

 

 
1,167

 
1,302

 
5,559

 
6,861

 
2,664

 
1987
 
 5-40 yrs.
241 Burgess Road
 
Industrial
 
 
 
450

 
1,517

 

 
871

 
450

 
2,388

 
2,838

 
1,302

 
1988
 
 5-40 yrs.
243 Burgess Road
 
Industrial
 
 
 
452

 
1,514

 

 
169

 
452

 
1,683

 
2,135

 
906

 
1988
 
 5-40 yrs.
496 Gallimore Dairy Road
 
Industrial
 
 
 
546

 

 

 
2,635

 
546

 
2,635

 
3,181

 
1,340

 
1998
 
 5-40 yrs.
494 Gallimore Dairy Road
 
Industrial
 
 
 
749

 

 

 
2,829

 
749

 
2,829

 
3,578

 
1,049

 
1999
 
 5-40 yrs.
486 Gallimore Dairy Road
 
Industrial
 
 
 
603

 

 

 
2,613

 
603

 
2,613

 
3,216

 
928

 
1999
 
 5-40 yrs.
488 Gallimore Dairy Road
 
Industrial
 
 
 
499

 

 

 
2,193

 
499

 
2,193

 
2,692

 
812

 
1999
 
 5-40 yrs.
490 Gallimore Dairy Road
 
Industrial
 
 
 
1,733

 

 

 
5,909

 
1,733

 
5,909

 
7,642

 
3,431

 
1999
 
 5-40 yrs.
Brigham Road - Land
 
Industrial
 
 
 
7,059

 

 
(4,610
)
 

 
2,449

 

 
2,449

 

 
N/A
 
N/A
651 Brigham Road
 
Industrial
 
 
 
453

 

 
360

 
2,980

 
813

 
2,980

 
3,793

 
1,130

 
2002
 
 5-40 yrs.
657 Brigham Road
 
Industrial
 
 
 
2,733

 

 
881

 
11,247

 
3,614

 
11,247

 
14,861

 
3,012

 
2006
 
 5-40 yrs.
653 Brigham Road
 
Industrial
 
 
 
814

 

 

 
3,587

 
814

 
3,587

 
4,401

 
723

 
2007
 
 5-40 yrs.
1501 Highwoods Boulevard
 
Office
 
 
 
1,476

 

 

 
8,034

 
1,476

 
8,034

 
9,510

 
2,758

 
2001
 
 5-40 yrs.
Jefferson Pilot - Land
 
Office
 
 
 
11,759

 

 
(4,311
)
 

 
7,448

 

 
7,448

 

 
N/A
 
 N/A
4200 Tudor Lane
 
Industrial
 
 
 
515

 

 
383

 
2,288

 
898

 
2,288

 
3,186

 
1,099

 
1996
 
 5-40 yrs.
4224 Tudor Lane
 
Industrial
 
 
 
435

 

 
288

 
2,103

 
723

 
2,103

 
2,826

 
852

 
1996
 
 5-40 yrs.
7023 Albert Pick Road
 
Office
 
 
 
834

 
3,459

 

 
1,027

 
834

 
4,486

 
5,320

 
2,134

 
1989
 
 5-40 yrs.
370 Knollwood Street
 
Office
 
 
 
1,826

 
7,495

 

 
3,702

 
1,826

 
11,197

 
13,023

 
5,068

 
1994
 
 5-40 yrs.
380 Knollwood Street
 
Office
 
 
 
2,989

 
12,029

 

 
4,181

 
2,989

 
16,210

 
19,199

 
8,289

 
1990
 
 5-40 yrs.
Church St Medical Center I
 
Office
 
 
 
2,734

 
9,129

 

 
255

 
2,734

 
9,384

 
12,118

 
943

 
2003
 
 5-40 yrs.
Church St Medical Center II
 
Office
 
 
 
2,376

 
5,451

 

 
42

 
2,376

 
5,493

 
7,869

 
877

 
2007
 
 5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Church St Medical Center III
 
Office
 
 
 
925

 
4,551

 

 
113

 
925

 
4,664

 
5,589

 
650

 
2008
 
 5-40 yrs.
628 Green Valley Road
 
Office
 
 
 
2,906

 
12,141

 

 
914

 
2,906

 
13,055

 
15,961

 
1,153

 
1998
 
 5-40 yrs.
701 Green Valley Road
 
Office
 
 
 
3,787

 
7,719

 

 
881

 
3,787

 
8,600

 
12,387

 
1,091

 
1996
 
 5-40 yrs.
Pittsburgh, PA
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One PPG Place
 
Office
 
(1)
 
9,819

 
107,643

 

 
36,578

 
9,819

 
144,221

 
154,040

 
20,301

 
1983-1985
 
 5-40 yrs.
Two PPG Place
 
Office
 
(1)
 
2,302

 
10,978

 

 
3,949

 
2,302

 
14,927

 
17,229

 
1,623

 
1983-1985
 
 5-40 yrs.
Three PPG Place
 
Office
 
(1)
 
501

 
2,923

 

 
3,851

 
501

 
6,774

 
7,275

 
758

 
1983-1985
 
 5-40 yrs.
Four PPG Place
 
Office
 
(1)
 
620

 
3,239

 

 
1,445

 
620

 
4,684

 
5,304

 
688

 
1983-1985
 
 5-40 yrs.
Five PPG Place
 
Office
 
(1)
 
803

 
4,924

 

 
1,611

 
803

 
6,535

 
7,338

 
1,116

 
1983-1985
 
 5-40 yrs.
Six PPG Place
 
Office
 
(1)
 
3,353

 
25,602

 

 
5,824

 
3,353

 
31,426

 
34,779

 
3,603

 
1983-1985
 
 5-40 yrs.
EQT Plaza
 
Office
 
 
 

 
83,812

 

 
9,423

 

 
93,235

 
93,235

 
10,773

 
1987
 
 5-40 yrs.
Raleigh, NC
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
3600 Glenwood Avenue
 
Office
 
 
 

 
10,994

 

 
4,431

 

 
15,425

 
15,425

 
7,388

 
1986
 
 5-40 yrs.
3737 Glenwood Avenue
 
Office
 
 
 

 

 
318

 
15,665

 
318

 
15,665

 
15,983

 
5,981

 
1999
 
 5-40 yrs.
4800 North Park
 
Office
 
 
 
2,678

 
17,630

 

 
7,526

 
2,678

 
25,156

 
27,834

 
14,175

 
1985
 
 5-40 yrs.
4900 North Park
 
Office
 
 
 
770

 
1,983

 

 
2,164

 
770

 
4,147

 
4,917

 
1,757

 
1984
 
 5-40 yrs.
5000 North Park
 
Office
 
 
 
1,010

 
4,612

 
(49
)
 
3,033

 
961

 
7,645

 
8,606

 
4,177

 
1980
 
 5-40 yrs.
801 Raleigh Corporate Center
 
Office
 
 
 
828

 

 
272

 
10,711

 
1,100

 
10,711

 
11,811

 
3,575

 
2002
 
 5-40 yrs.
Blue Ridge I
 
Office
 
 
 
722

 
4,606

 

 
1,435

 
722

 
6,041

 
6,763

 
3,168

 
1982
 
 5-40 yrs.
Blue Ridge II
 
Office
 
 
 
462

 
1,410

 

 
783

 
462

 
2,193

 
2,655

 
1,344

 
1988
 
 5-40 yrs.
Cape Fear
 
Office
 
 
 
131

 
1,630

 
(2
)
 
1,123

 
129

 
2,753

 
2,882

 
2,262

 
1979
 
 5-40 yrs.
Catawba
 
Office
 
 
 
125

 
1,635

 
(2
)
 
2,370

 
123

 
4,005

 
4,128

 
3,419

 
1980
 
 5-40 yrs.
CentreGreen One
 
Office
 
 
 
1,529

 

 
(391
)
 
10,650

 
1,138

 
10,650

 
11,788

 
4,143

 
2000
 
 5-40 yrs.
CentreGreen Two
 
Office
 
 
 
1,653

 

 
(389
)
 
9,652

 
1,264

 
9,652

 
10,916

 
3,095

 
2001
 
 5-40 yrs.
CentreGreen Three - Land
 
Office
 
 
 
1,876

 

 
(585
)
 

 
1,291

 

 
1,291

 

 
N/A
 
N/A
CentreGreen Four
 
Office
 
 
 
1,779

 

 
(397
)
 
13,510

 
1,382

 
13,510

 
14,892

 
2,952

 
2002
 
 5-40 yrs.
CentreGreen Five
 
Office
 
 
 
1,280

 

 
55

 
12,762

 
1,335

 
12,762

 
14,097

 
4,141

 
2008
 
 5-40 yrs.
Cottonwood
 
Office
 
 
 
609

 
3,244

 

 
588

 
609

 
3,832

 
4,441

 
2,057

 
1983
 
 5-40 yrs.
Dogwood
 
Office
 
 
 
766

 
2,769

 

 
539

 
766

 
3,308

 
4,074

 
1,815

 
1983
 
 5-40 yrs.
GlenLake - Land
 
Office
 
 
 
13,003

 

 
(8,359
)
 
114

 
4,644

 
114

 
4,758

 
42

 
N/A
 
5-40 yrs.
GlenLake One
 
Office
 
 
 
924

 

 
1,324

 
20,442

 
2,248

 
20,442

 
22,690

 
6,903

 
2002
 
 5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
GlenLake Four
 
Office
 
 
 
1,659

 

 
493

 
21,848

 
2,152

 
21,848

 
24,000

 
6,944

 
2006
 
 5-40 yrs.
GlenLake Six
 
Office
 
 
 
941

 

 
(365
)
 
22,329

 
576

 
22,329

 
22,905

 
5,734

 
2008
 
 5-40 yrs.
701 Raleigh Corporate Center
 
Office
 
 
 
1,304

 

 
540

 
14,649

 
1,844

 
14,649

 
16,493

 
7,566

 
1996
 
 5-40 yrs.
Highwoods Centre
 
Office
 
 
 
531

 

 
(267
)
 
7,587

 
264

 
7,587

 
7,851

 
3,163

 
1998
 
 5-40 yrs.
Highwoods Office Center North - Land
 
Office
 
 
 
357

 
49

 

 

 
357

 
49

 
406

 
35

 
N/A
 
 5-40 yrs.
Highwoods Tower One
 
Office
 
 
 
203

 
16,744

 

 
4,276

 
203

 
21,020

 
21,223

 
11,861

 
1991
 
 5-40 yrs.
Highwoods Tower Two
 
Office
 
 
 
365

 

 
503

 
21,564

 
868

 
21,564

 
22,432

 
8,164

 
2001
 
 5-40 yrs.
Inveresk Parcel 2 - Land
 
Office
 
 
 
657

 

 
38

 
110

 
695

 
110

 
805

 
1

 
N/A
 
N/A
Lake Boone Medical Center
 
Office
 
 
 
1,450

 
6,311

 

 
181

 
1,450

 
6,492

 
7,942

 
1,037

 
1998
 
5-40 yrs.
4620 Creekstone Drive
 
Office
 
 
 
149

 

 
107

 
3,085

 
256

 
3,085

 
3,341

 
1,109

 
2001
 
 5-40 yrs.
4825 Creekstone Drive
 
Office
 
 
 
398

 

 
293

 
10,080

 
691

 
10,080

 
10,771

 
4,415

 
1999
 
 5-40 yrs.
Pamlico
 
Office
 
 
 
289

 

 

 
10,428

 
289

 
10,428

 
10,717

 
6,821

 
1980
 
 5-40 yrs.
ParkWest One
 
Office
 
 
 
242

 

 

 
3,339

 
242

 
3,339

 
3,581

 
1,210

 
2001
 
 5-40 yrs.
ParkWest Two
 
Office
 
 
 
356

 

 

 
3,285

 
356

 
3,285

 
3,641

 
1,215

 
2001
 
 5-40 yrs.
Progress Center Renovation
 
Office
 
 
 

 

 

 
362

 

 
362

 
362

 
297

 
2003
 
 5-40 yrs.
Raleigh Corp Center Lot D
 
Office
 
 
 
1,211

 

 
8

 

 
1,219

 

 
1,219

 

 
N/A
 
N/A
PNC Plaza
 
Office
 
43,852
 
1,206

 

 

 
72,234

 
1,206

 
72,234

 
73,440

 
17,248

 
2008
 
5-40 yrs.
Rexwoods Center I
 
Office
 
 
 
878

 
3,730

 

 
1,534

 
878

 
5,264

 
6,142

 
3,187

 
1990
 
5-40 yrs.
Rexwoods Center II
 
Office
 
 
 
362

 
1,818

 

 
1,086

 
362

 
2,904

 
3,266

 
1,321

 
1993
 
5-40 yrs.
Rexwoods Center III
 
Office
 
 
 
919

 
2,816

 

 
959

 
919

 
3,775

 
4,694

 
2,170

 
1992
 
5-40 yrs.
Rexwoods Center IV
 
Office
 
 
 
586

 

 

 
4,314

 
586

 
4,314

 
4,900

 
2,016

 
1995
 
5-40 yrs.
Rexwoods Center V
 
Office
 
 
 
1,301

 

 
184

 
6,353

 
1,485

 
6,353

 
7,838

 
2,525

 
1998
 
5-40 yrs.
Riverbirch
 
Office
 
 
 
469

 
4,038

 
23

 
5,189

 
492

 
9,227

 
9,719

 
1,455

 
1987
 
5-40 yrs.
Situs I
 
Office
 
 
 
692

 
4,646

 
178

 
(954
)
 
870

 
3,692

 
4,562

 
1,612

 
1996
 
5-40 yrs.
Situs II
 
Office
 
 
 
718

 
6,254

 
181

 
(978
)
 
899

 
5,276

 
6,175

 
2,252

 
1998
 
5-40 yrs.
Situs III
 
Office
 
 
 
440

 
4,078

 
119

 
(1,261
)
 
559

 
2,817

 
3,376

 
1,014

 
2000
 
5-40 yrs.
Six Forks Center I
 
Office
 
 
 
666

 
2,665

 

 
1,874

 
666

 
4,539

 
5,205

 
2,271

 
1982
 
5-40 yrs.
Six Forks Center II
 
Office
 
 
 
1,086

 
4,533

 

 
2,271

 
1,086

 
6,804

 
7,890

 
3,560

 
1983
 
5-40 yrs.
Six Forks Center III
 
Office
 
 
 
862

 
4,411

 

 
2,724

 
862

 
7,135

 
7,997

 
3,836

 
1987
 
5-40 yrs.
Smoketree Tower
 
Office
 
 
 
2,353

 
11,743

 

 
6,048

 
2,353

 
17,791

 
20,144

 
8,465

 
1984
 
5-40 yrs.
4601 Creekstone Drive
 
Office
 
 
 
255

 

 
217

 
5,476

 
472

 
5,476

 
5,948

 
2,535

 
1997
 
5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Weston - Land
 
Other
 
 
 
22,771

 

 
(14,992
)
 

 
7,779

 

 
7,779

 

 
N/A
 
N/A
4625 Creekstone Drive
 
Office
 
 
 
458

 

 
268

 
5,745

 
726

 
5,745

 
6,471

 
2,670

 
1995
 
5-40 yrs.
11000 Weston Parkway
 
Office
 
 
 
2,651

 
18,850

 

 
483

 
2,651

 
19,333

 
21,984

 
2,900

 
1998
 
5-40 yrs.
GlenLake Five
 
Office
 
 
 

 

 
2,263

 
30,264

 
2,263

 
30,264

 
32,527

 
1,004

 
2014
 
5-40 yrs.
11800 Weston Parkway
 
Office
 
 
 

 

 
826

 
13,188

 
826

 
13,188

 
14,014

 
299

 
2014
 
5-40 yrs.
CentreGreen Café
 
Office
 
 
 

 

 
41

 
3,509

 
41

 
3,509

 
3,550

 
96

 
2014
 
5-40 yrs.
CentreGreen Fitness Center
 
Office
 
 
 

 

 
27

 
2,322

 
27

 
2,322

 
2,349

 
63

 
2014
 
5-40 yrs.
One Bank of America Plaza
 
Office
 
 
 
11,288

 
68,375

 

 
10,405

 
11,288

 
78,780

 
90,068

 
3,222

 
1986
 
5-40 yrs.
Weston Lakefront I
 
Office
 
 
 

 

 
8,522

 
42,267

 
8,522

 
42,267

 
50,789

 
1,209

 
2015
 
5-40 yrs.
Weston Lakefront II
 
Office
 
 
 

 

 
8,522

 
45,870

 
8,522

 
45,870

 
54,392

 
1,068

 
2015
 
5-40 yrs.
Other Property
 
Other
 
 
 
26,276

 
16,449

 
(24,595
)
 
1,538

 
1,681

 
17,987

 
19,668

 
8,750

 
N/A
 
N/A
Richmond, VA
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
4900 Cox Road
 
Office
 
 
 
1,324

 
5,311

 
15

 
2,916

 
1,339

 
8,227

 
9,566

 
4,142

 
1991
 
 5-40 yrs.
Colonnade Building
 
Office
 
 
 
1,364

 
6,105

 

 
1,713

 
1,364

 
7,818

 
9,182

 
2,431

 
2003
 
 5-40 yrs.
Dominion Place - Pitts Parcel - Land
 
Office
 
 
 
1,101

 

 
(665
)
 

 
436

 

 
436

 

 
N/A
 
 N/A
Markel 4521
 
Office
 
 
 
1,581

 
13,299

 
168

 
(1,656
)
 
1,749

 
11,643

 
13,392

 
4,575

 
1999
 
 5-40 yrs.
Hamilton Beach/Proctor-Silex
 
Office
 
 
 
1,086

 
4,345

 
10

 
2,306

 
1,096

 
6,651

 
7,747

 
3,897

 
1986
 
 5-40 yrs.
Highwoods Commons
 
Office
 
 
 
521

 

 
458

 
3,913

 
979

 
3,913

 
4,892

 
1,561

 
1999
 
 5-40 yrs.
Highwoods One
 
Office
 
 
 
1,688

 

 
22

 
11,281

 
1,710

 
11,281

 
12,991

 
5,571

 
1996
 
 5-40 yrs.
Highwoods Two
 
Office
 
 
 
786

 

 
226

 
6,133

 
1,012

 
6,133

 
7,145

 
2,947

 
1997
 
 5-40 yrs.
Highwoods Five
 
Office
 
 
 
783

 

 
11

 
5,495

 
794

 
5,495

 
6,289

 
2,485

 
1998
 
 5-40 yrs.
Highwoods Plaza
 
Office
 
 
 
909

 

 
187

 
5,892

 
1,096

 
5,892

 
6,988

 
2,499

 
2000
 
 5-40 yrs.
Innslake Center
 
Office
 
 
 
845

 

 
195

 
6,486

 
1,040

 
6,486

 
7,526

 
2,238

 
2001
 
 5-40 yrs.
Highwoods Centre
 
Office
 
 
 
1,205

 
4,825

 

 
1,294

 
1,205

 
6,119

 
7,324

 
2,958

 
1990
 
 5-40 yrs.
Markel 4501
 
Office
 
 
 
1,300

 
13,259

 
213

 
(1,699
)
 
1,513

 
11,560

 
13,073

 
5,360

 
1998
 
 5-40 yrs.
Markel 4600
 
Office
 
 
 
1,700

 
17,081

 
169

 
(49
)
 
1,869

 
17,032

 
18,901

 
7,621

 
1989
 
 5-40 yrs.
North Park
 
Office
 
 
 
2,163

 
8,659

 
6

 
2,464

 
2,169

 
11,123

 
13,292

 
5,205

 
1989
 
 5-40 yrs.
North Shore Commons I
 
Office
 
 
 
951

 

 
17

 
12,048

 
968

 
12,048

 
13,016

 
4,155

 
2002
 
 5-40 yrs.
North Shore Commons II
 
Office
 
 
 
2,067

 

 
(89
)
 
10,544

 
1,978

 
10,544

 
12,522

 
2,123

 
2007
 
 5-40 yrs.
North Shore Commons C - Land
 
Office
 
 
 
1,497

 

 
15

 

 
1,512

 

 
1,512

 

 
N/A
 
 N/A
North Shore Commons D - Land
 
Office
 
 
 
1,261

 

 

 

 
1,261

 

 
1,261

 

 
N/A
 
N/A
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Nuckols Corner Land
 
Office
 
 
 
1,259

 

 
203

 

 
1,462

 

 
1,462

 

 
N/A
 
N/A
One Shockoe Plaza
 
Office
 
 
 

 

 
356

 
15,778

 
356

 
15,778

 
16,134

 
7,921

 
1996
 
 5-40 yrs.
Pavilion Land
 
Office
 
 
 
181

 
46

 
20

 
(46
)
 
201

 

 
201

 

 
N/A
 
N/A
Lake Brook Commons
 
Office
 
 
 
1,600

 
8,864

 
21

 
2,189

 
1,621

 
11,053

 
12,674

 
2,883

 
1996
 
 5-40 yrs.
Sadler & Cox Land
 
Office
 
 
 
1,535

 

 
343

 

 
1,878

 

 
1,878

 

 
N/A
 
 N/A
4840 Cox Road
 
Office
 
 
 
1,918

 

 
358

 
13,559

 
2,276

 
13,559

 
15,835

 
5,704

 
2005
 
 5-40 yrs.
Stony Point F Land
 
Office
 
 
 
1,841

 

 
(774
)
 

 
1,067

 

 
1,067

 

 
N/A
 
 N/A
Stony Point I
 
Office
 
 
 
1,384

 
11,630

 
(267
)
 
3,561

 
1,117

 
15,191

 
16,308

 
6,798

 
1990
 
 5-40 yrs.
Stony Point II
 
Office
 
 
 
1,240

 

 
103

 
12,084

 
1,343

 
12,084

 
13,427

 
5,094

 
1999
 
 5-40 yrs.
Stony Point III
 
Office
 
 
 
995

 

 

 
9,936

 
995

 
9,936

 
10,931

 
3,407

 
2002
 
 5-40 yrs.
Stony Point IV
 
Office
 
 
 
955

 

 

 
11,303

 
955

 
11,303

 
12,258

 
2,864

 
2006
 
 5-40 yrs.
Virginia Mutual
 
Office
 
 
 
1,301

 
6,036

 
15

 
1,162

 
1,316

 
7,198

 
8,514

 
2,658

 
1996
 
 5-40 yrs.
Waterfront Plaza
 
Office
 
 
 
585

 
2,347

 
8

 
1,191

 
593

 
3,538

 
4,131

 
2,103

 
1988
 
 5-40 yrs.
Innsbrook Center
 
Office
 
 
 
914

 
8,249

 

 
394

 
914

 
8,643

 
9,557

 
2,661

 
1987
 
 5-40 yrs.
Tampa, FL
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

4200 Cypress
 
Office
 
 
 
2,673

 
16,470

 

 
2,672

 
2,673

 
19,142

 
21,815

 
3,225

 
1989
 
5-40 yrs.
Bayshore Place
 
Office
 
 
 
2,276

 
11,817

 

 
1,907

 
2,276

 
13,724

 
16,000

 
6,661

 
1990
 
 5-40 yrs.
General Services Administration Building
 
Office
 
 
 
4,054

 

 
406

 
27,533

 
4,460

 
27,533

 
31,993

 
9,040

 
2005
 
 5-40 yrs.
Highwoods Preserve Building I
 
Office
 
 
 
991

 

 

 
22,597

 
991

 
22,597

 
23,588

 
9,238

 
1999
 
 5-40 yrs.
Highwoods Preserve - Land
 
Office
 
 
 
1,485

 

 
485

 

 
1,970

 

 
1,970

 

 
N/A
 
N/A
Highwoods Preserve Building V
 
Office
 
 
 
881

 

 

 
25,361

 
881

 
25,361

 
26,242

 
9,844

 
2001
 
 5-40 yrs.
Highwoods Bay Center I
 
Office
 
 
 
3,565

 

 
(64
)
 
36,680

 
3,501

 
36,680

 
40,181

 
8,540

 
2007
 
 5-40 yrs.
HIW Bay Center II - Land
 
Office
 
 
 
3,482

 

 

 

 
3,482

 

 
3,482

 

 
N/A
 
N/A
Highwoods Preserve Building VII
 
Office
 
 
 
790

 

 

 
12,498

 
790

 
12,498

 
13,288

 
2,730

 
2007
 
 5-40 yrs.
HIW Preserve VII Garage
 
Office
 
 
 

 

 

 
6,789

 

 
6,789

 
6,789

 
1,513

 
2007
 
 5-40 yrs.
Horizon
 
Office
 
 
 

 
6,257

 

 
3,327

 

 
9,584

 
9,584

 
4,583

 
1980
 
 5-40 yrs.
LakePointe One
 
Office
 
 
 
2,106

 
89

 

 
44,010

 
2,106

 
44,099

 
46,205

 
17,726

 
1986
 
 5-40 yrs.
LakePointe Two
 
Office
 
 
 
2,000

 
15,848

 
672

 
14,216

 
2,672

 
30,064

 
32,736

 
9,845

 
1999
 
 5-40 yrs.
Lakeside
 
Office
 
 
 

 
7,369

 

 
4,907

 

 
12,276

 
12,276

 
4,169

 
1978
 
 5-40 yrs.
Lakeside/Parkside Garage
 
Office
 
 
 

 

 

 
5,587

 

 
5,587

 
5,587

 
1,255

 
2004
 
 5-40 yrs.
One Harbour Place
 
Office
 
 
 
2,016

 
25,252

 

 
7,107

 
2,016

 
32,359

 
34,375

 
12,161

 
1985
 
 5-40 yrs.
HIGHWOODS PROPERTIES, INC.
HIGHWOODS REALTY LIMITED PARTNERSHIP
 
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued)
 
 
 
 
 
 
Initial Costs
 
Costs Capitalized
Subsequent to
Acquisition
 
Gross Value at Close of Period
 
 
 
 
 
 
Description
 
Property
Type
 
2015
Encumbrance
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Land
 
Bldg &
Improv
 
Total
Assets (2)
 
Accumulated
Depreciation
 
Date of
Construction
 
Life on
Which
Depreciation
is
Calculated
Parkside
 
Office
 
 
 

 
9,407

 

 
3,023

 

 
12,430

 
12,430

 
5,740

 
1979
 
 5-40 yrs.
Pavilion
 
Office
 
 
 

 
16,394

 

 
4,017

 

 
20,411

 
20,411

 
8,885

 
1982
 
 5-40 yrs.
Pavilion Parking Garage
 
Office
 
 
 

 

 

 
5,682

 

 
5,682

 
5,682

 
2,288

 
1999
 
 5-40 yrs.
Spectrum
 
Office
 
 
 
1,454

 
14,502

 

 
6,477

 
1,454

 
20,979

 
22,433

 
9,450

 
1984
 
 5-40 yrs.
Tower Place
 
Office
 
 
 
3,218

 
19,898

 

 
4,370

 
3,218

 
24,268

 
27,486

 
11,089

 
1988
 
 5-40 yrs.
Westshore Square
 
Office
 
 
 
1,126

 
5,186

 

 
1,658

 
1,126

 
6,844

 
7,970

 
3,161

 
1976
 
 5-40 yrs.
Independence Park - Land
 
Office
 
 
 
4,943

 

 
(4,943
)
 

 

 

 

 

 
N/A
 
N/A
Independence Park I
 
Office
 
 
 
2,531

 
4,526

 

 
4,877

 
2,531

 
9,403

 
11,934

 
2,219

 
1983
 
 5-40 yrs.
Meridian I
 
Office
 
 
 
1,849

 
22,363

 

 
1,302

 
1,849

 
23,665

 
25,514

 
2,222

 
1984
 
 5-40 yrs.
Meridian II
 
Office
 
 
 
1,302

 
19,588

 

 
2,004

 
1,302

 
21,592

 
22,894

 
2,278

 
1986
 
 5-40 yrs.
Suntrust Financial Centre
 
Office
 
 
 

 

 
1,980

 
102,138

 
1,980

 
102,138

 
104,118

 
1,298

 
1992
 
 5-40 yrs.
Suntrust Financial Land
 
Office
 
 
 

 

 
2,225

 
17

 
2,225

 
17

 
2,242

 

 
N/A
 
 5-40 yrs.
 
 
 
 

 
506,874

 
2,171,535

 
22,845

 
2,214,604

 
529,719

 
4,386,139

 
4,915,858

 
1,138,378

 
 
 
 

2015 Encumbrance Notes
(1)
These assets are pledged as collateral for a $112.2 million first mortgage loan.
(2)
The tax basis of aggregate land and buildings and tenant improvements as of December 31, 2015 is $4.5 billion.