Schedule III

12 Months Ended

Dec. 31, 2017

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule Of Real Estate And Accumulated Depreciation Note To Schedule III

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,
	2017			2016			2015
Real estate assets:
Beginning balance	$	4,865,103		$	4,915,858		$	4,271,966
Additions:
Acquisitions, development and improvements	486,755			353,236			708,793
Cost of real estate sold and retired	(178,104		)	(403,991		)	(64,901		)
Ending balance (a)	$	5,173,754		$	4,865,103		$	4,915,858
Accumulated depreciation:
Beginning balance	$	1,134,103		$	1,138,378		$	1,024,936
Depreciation expense	184,385			173,072			168,663
Real estate sold and retired	(106,760		)	(177,347		)	(55,221		)
Ending balance (b)	$	1,211,728		$	1,134,103		$	1,138,378

(a) Reconciliation of total real estate assets to balance sheet caption:

	2017			2016		2015
Total per Schedule III	$	5,173,754		$	4,865,103	$	4,915,858
Development in-process exclusive of land included in Schedule III	88,452			279,602		194,050
Real estate assets, net, held for sale	(22,543		)	—		(340,581		)
Total real estate assets	$	5,239,663		$	5,144,705	$	4,769,327

(b) Reconciliation of total accumulated depreciation to balance sheet caption:

	2017			2016		2015
Total per Schedule III	$	1,211,728		$	1,134,103	$	1,138,378
Real estate assets, net, held for sale	(9,304		)	—		(131,274		)
Total accumulated depreciation	$	1,202,424		$	1,134,103	$	1,007,104

Real Estate and Accumulated Depreciation Disclosure

HIGHWOODS PROPERTIES, INC.

HIGHWOODS REALTY LIMITED PARTNERSHIP

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

(in thousands)

December 31, 2017

			Initial Costs				Costs Capitalized Subsequent to Acquisition					Gross Value at Close of Period
Description	Property Type	2017 Encumbrance	Land		Bldg & Improv		Land			Bldg & Improv		Land		Bldg & Improv		Total Assets (1)		Accumulated Depreciation		Date of Construction	Life on Which Depreciation is Calculated
Atlanta, GA
1700 Century Circle	Office		$	—	$	2,482	$	2		$	1,546	$	2	$	4,028	$	4,030	$	1,372	1983	5-40 yrs.
1800 Century Boulevard	Office		1,444		29,081		—			10,284		1,444		39,365		40,809		20,376		1975	5-40 yrs.
1825 Century Parkway	Office		864		—		303			13,971		1,167		13,971		15,138		5,367		2002	5-40 yrs.
1875 Century Boulevard	Office		—		8,924		—			8,388		—		17,312		17,312		6,083		1976	5-40 yrs.
1900 Century Boulevard	Office		—		4,744		—			711		—		5,455		5,455		4,872		1971	5-40 yrs.
2200 Century Parkway	Office		—		14,432		—			6,956		—		21,388		21,388		10,078		1971	5-40 yrs.
2400 Century Parkway	Office		—		—		406			15,250		406		15,250		15,656		6,328		1998	5-40 yrs.
2500 Century Parkway	Office		—		—		328			11,105		328		11,105		11,433		3,344		2005	5-40 yrs.
2500/2635 Parking Garage	Office		—		—		—			6,439		—		6,439		6,439		1,917		2005	5-40 yrs.
2600 Century Parkway	Office		—		10,679		—			2,962		—		13,641		13,641		6,943		1973	5-40 yrs.
2635 Century Parkway	Office		—		21,643		—			5,343		—		26,986		26,986		13,052		1980	5-40 yrs.
2800 Century Parkway	Office		—		20,449		—			12,881		—		33,330		33,330		16,521		1983	5-40 yrs.
50 Glenlake	Office		2,500		20,006		—			4,253		2,500		24,259		26,759		11,971		1997	5-40 yrs.
Century Plaza I	Office		1,290		8,567		—			4,648		1,290		13,215		14,505		5,759		1981	5-40 yrs.
Century Plaza II	Office		1,380		7,733		—			3,444		1,380		11,177		12,557		4,892		1984	5-40 yrs.
Federal Aviation Administration	Office		1,196		—		1,416			15,156		2,612		15,156		17,768		5,173		2009	5-40 yrs.
Henry County - Land	Industrial		3,010		—		(284		)	—		2,726		—		2,726		—		N/A	N/A
5405 Windward Parkway	Office		3,342		32,111		—			19,349		3,342		51,460		54,802		19,971		1998	5-40 yrs.
Riverpoint - Land	Industrial		7,250		—		3,913			2,543		11,163		2,543		13,706		513		N/A	5-40 yrs.
Riverwood 100	Office		5,785		64,913		(29		)	14,543		5,756		79,456		85,212		16,534		1989	5-40 yrs.
South Park Residential - Land	Other		50		—		5			—		55		—		55		—		N/A	N/A
South Park Site - Land	Industrial		1,204		—		715			—		1,919		—		1,919		—		N/A	N/A
Tradeport - Land	Industrial		5,243		—		(4,819		)	—		424		—		424		—		N/A	N/A
Two Point Royal	Office		1,793		14,964		—			3,653		1,793		18,617		20,410		9,347		1997	5-40 yrs.
Two Alliance Center	Office		9,579		125,549		—			2,948		9,579		128,497		138,076		24,936		2009	5-40 yrs.
One Alliance Center	Office		14,775		123,071		—			12,027		14,775		135,098		149,873		18,871		2001	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	2017 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv		Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
10 Glenlake North	Office		5,349	26,334	—		6,217		5,349	32,551	37,900	5,613	2000	5-40 yrs.
10 Glenlake South	Office		5,103	22,811	—		3,545		5,103	26,356	31,459	4,813	1999	5-40 yrs.
Riverwood 200	Office		—	—	4,777		89,708		4,777	89,708	94,485	1,913	2017	5-40 yrs.
Riverwood 300 Land	Office		400	—	—		710		400	710	1,110	16	N/A	N/A
Monarch Tower	Office		22,717	143,068	—		6,317		22,717	149,385	172,102	11,155	1997	5-40 yrs.
Monarch Plaza	Office		27,678	88,962	—		4,079		27,678	93,041	120,719	7,400	1983	5-40 yrs.
Memphis, TN
Triad Centre I	Office		2,340	11,385	(849	)	4,448		1,491	15,833	17,324	7,369	1985	5-40 yrs.
Triad Centre II	Office		1,980	8,677	(404	)	5,049		1,576	13,726	15,302	6,010	1987	5-40 yrs.
Atrium I & II	Office		1,570	6,253	—		3,778		1,570	10,031	11,601	4,925	1984	5-40 yrs.
Centrum	Office		1,013	5,580	—		3,236		1,013	8,816	9,829	4,463	1979	5-40 yrs.
Comcast	Office		946	—	—		8,620		946	8,620	9,566	3,857	2008	5-40 yrs.
International Place Phase II	Office		4,884	27,782	—		6,105		4,884	33,887	38,771	17,170	1988	5-40 yrs.
PennMarc Centre	Office		3,607	10,240	—		4,690		3,607	14,930	18,537	4,276	2008	5-40 yrs.
Colonnade	Office		1,300	6,481	267		2,194		1,567	8,675	10,242	4,073	1998	5-40 yrs.
Crescent Center	Office		7,875	32,756	(547	)	10,298		7,328	43,054	50,382	10,618	1986	5-40 yrs.
Southwind - Land	Office		3,662	—	(2,475	)	—		1,187	—	1,187	—	N/A	N/A
Triad Centre III	Office		1,253	—	—		36,191		1,253	36,191	37,444	9,614	2009	5-40 yrs.
Capital Grille	Office		311	3,258	—		2		311	3,260	3,571	1,035	2014	5-40 yrs.
Seasons 52	Office		320	3,741	—		(39	)	320	3,702	4,022	1,135	2014	5-40 yrs.
International Place IV	Office		4,940	49,141	—		(262	)	4,940	48,879	53,819	3,562	2015	5-40 yrs.
Nashville, TN
3322 West End	Office		3,025	27,490	—		9,014		3,025	36,504	39,529	14,562	1986	5-40 yrs.
3401 West End	Office		5,862	22,917	—		4,489		5,862	27,406	33,268	14,927	1982	5-40 yrs.
5310 Maryland Way	Office		1,863	7,201	—		3,681		1,863	10,882	12,745	5,067	1994	5-40 yrs.
Cool Springs 1 & 2 Deck	Office		—	—	—		3,989		—	3,989	3,989	1,011	2007	5-40 yrs.
Cool Springs 3 & 4 Deck	Office		—	—	—		4,461		—	4,461	4,461	1,195	2007	5-40 yrs.
Cool Springs I	Office		1,583	—	15		13,886		1,598	13,886	15,484	6,423	1999	5-40 yrs.
Cool Springs II	Office		1,824	—	346		18,714		2,170	18,714	20,884	7,578	1999	5-40 yrs.
Cool Springs III	Office		1,631	—	804		15,408		2,435	15,408	17,843	4,554	2006	5-40 yrs.
Cool Springs IV	Office		1,715	—	—		19,143		1,715	19,143	20,858	4,870	2008	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	2017 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Cool Springs V – Healthways	Office		3,688	—	295		53,000	3,983	53,000	56,983	17,596	2007	5-40 yrs.
Harpeth On The Green II	Office		1,419	5,677	—		2,750	1,419	8,427	9,846	4,335	1984	5-40 yrs.
Harpeth On The Green III	Office		1,660	6,649	—		2,921	1,660	9,570	11,230	4,777	1987	5-40 yrs.
Harpeth On The Green IV	Office		1,713	6,842	—		2,436	1,713	9,278	10,991	4,648	1989	5-40 yrs.
Harpeth On The Green V	Office		662	—	197		5,588	859	5,588	6,447	2,824	1998	5-40 yrs.
Hickory Trace	Office		1,164	—	164		4,775	1,328	4,775	6,103	1,812	2001	5-40 yrs.
Highwoods Plaza I	Office		1,552	—	307		8,928	1,859	8,928	10,787	4,610	1996	5-40 yrs.
Highwoods Plaza II	Office		1,448	—	307		8,833	1,755	8,833	10,588	3,784	1997	5-40 yrs.
Seven Springs I	Office		2,076	—	592		13,145	2,668	13,145	15,813	5,018	2002	5-40 yrs.
SouthPointe	Office		1,655	—	310		7,827	1,965	7,827	9,792	3,640	1998	5-40 yrs.
The Ramparts of Brentwood	Office		2,394	12,806	—		7,343	2,394	20,149	22,543	6,468	1986	5-40 yrs.
Westwood South	Office		2,106	—	382		10,603	2,488	10,603	13,091	4,419	1999	5-40 yrs.
100 Winners Circle	Office		1,497	7,258	—		2,452	1,497	9,710	11,207	4,707	1987	5-40 yrs.
The Pinnacle at Symphony Place	Office	98,981	—	141,469	—		6,160	—	147,629	147,629	23,127	2010	5-40 yrs.
Seven Springs East	Office		2,525	37,587	—		123	2,525	37,710	40,235	4,913	2013	5-40 yrs.
The Shops at Seven Springs	Office		803	8,223	—		526	803	8,749	9,552	1,441	2013	5-40 yrs.
Seven Springs West	Office		2,439	51,306	—		1,287	2,439	52,593	55,032	2,508	2016	5-40 yrs.
Seven Springs II	Office		—	—	2,356		30,048	2,356	30,048	32,404	675	2017	5-40 yrs.
Bridgestone Americas, Inc.	Office		—	—	15,639		169,392	15,639	169,392	185,031	1,708	2017	5-40 yrs.
Orlando, FL
Berkshire at MetroCenter	Office		1,265	—	672		11,799	1,937	11,799	13,736	3,838	2007	5-40 yrs.
Capital Plaza Three - 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		458	1,151	458	1,609	—	N/A	N/A
Stratford - Land	Office		2,034	—	(148	)	—	1,886	—	1,886	—	N/A	N/A
Windsor at MetroCenter	Office		—	—	2,060		9,552	2,060	9,552	11,612	3,310	2002	5-40 yrs.
The 1800 Eller Drive Building	Office		—	9,851	—		3,267	—	13,118	13,118	7,822	1983	5-40 yrs.
Seaside Plaza	Office		3,893	29,541	—		5,550	3,893	35,091	38,984	5,494	1982	5-40 yrs.
Capital Plaza Two	Office		4,346	43,394	—		4,849	4,346	48,243	52,589	6,991	1999	5-40 yrs.
Capital Plaza One	Office		3,482	27,321	—		4,714	3,482	32,035	35,517	4,080	1975	5-40 yrs.
Landmark Center Two	Office		4,743	22,031	—		7,650	4,743	29,681	34,424	4,886	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	2017 Encumbrance	Land	Bldg & Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Landmark Center One	Office		6,207	22,655	—	7,613	6,207	30,268	36,475	4,817	1983	5-40 yrs.
Lincoln Plaza	Office		3,490	56,079	—	5,310	3,490	61,389	64,879	6,073	2000	5-40 yrs.
Eola	Office		3,758	11,160	—	3,334	3,758	14,494	18,252	1,423	1969	5-40 yrs.
Greensboro, NC
6348 Burnt Poplar	Industrial		724	2,900	—	339	724	3,239	3,963	1,801	1990	5-40 yrs.
6350 Burnt Poplar	Industrial		341	1,374	—	784	341	2,158	2,499	975	1992	5-40 yrs.
420 Gallimore Dairy Road	Office		379	1,516	—	924	379	2,440	2,819	1,209	1990	5-40 yrs.
418 Gallimore Dairy Road	Office		462	1,849	—	638	462	2,487	2,949	1,392	1986	5-40 yrs.
416 Gallimore Dairy Road	Office		322	1,293	—	603	322	1,896	2,218	955	1986	5-40 yrs.
7031 Albert Pick Road	Office		510	2,921	—	2,465	510	5,386	5,896	2,856	1986	5-40 yrs.
7029 Albert Pick Road	Office		739	3,237	—	2,112	739	5,349	6,088	2,927	1988	5-40 yrs.
7025 Albert Pick Road	Office		2,393	9,576	—	6,190	2,393	15,766	18,159	7,857	1990	5-40 yrs.
7027 Albert Pick Road	Office		850	—	699	5,160	1,549	5,160	6,709	2,136	1997	5-40 yrs.
7009 Albert Pick Road	Industrial		224	1,068	—	270	224	1,338	1,562	712	1990	5-40 yrs.
426 Gallimore Dairy Road	Office		465	—	380	1,259	845	1,259	2,104	628	1996	5-40 yrs.
422 Gallimore Dairy Road	Industrial		145	1,081	—	382	145	1,463	1,608	856	1990	5-40 yrs.
406 Gallimore Dairy Road	Office		265	—	270	1,096	535	1,096	1,631	565	1996	5-40 yrs.
7021 Albert Pick Road	Industrial		237	1,103	—	279	237	1,382	1,619	766	1985	5-40 yrs.
7019 Albert Pick Road	Industrial		192	946	—	382	192	1,328	1,520	726	1985	5-40 yrs.
7015 Albert Pick Road	Industrial		305	1,219	—	268	305	1,487	1,792	840	1985	5-40 yrs.
7017 Albert Pick Road	Industrial		225	928	—	442	225	1,370	1,595	704	1985	5-40 yrs.
7011 Albert Pick Road	Industrial		171	777	—	358	171	1,135	1,306	628	1990	5-40 yrs.
424 Gallimore Dairy Road	Office		271	—	239	981	510	981	1,491	414	1997	5-40 yrs.
410 Gallimore Dairy Road	Industrial		356	1,613	—	877	356	2,490	2,846	1,319	1985	5-40 yrs.
412 Gallimore Dairy Road	Industrial		374	1,523	—	620	374	2,143	2,517	1,175	1985	5-40 yrs.
408 Gallimore Dairy Road	Industrial		341	1,486	—	966	341	2,452	2,793	1,324	1986	5-40 yrs.
414 Gallimore Dairy Road	Industrial		659	2,676	—	967	659	3,643	4,302	1,944	1988	5-40 yrs.
237 Burgess Road	Industrial		860	2,919	—	1,093	860	4,012	4,872	2,073	1986	5-40 yrs.
235 Burgess Road	Industrial		1,302	4,392	—	1,641	1,302	6,033	7,335	3,139	1987	5-40 yrs.
241 Burgess Road	Industrial		450	1,517	—	1,276	450	2,793	3,243	1,617	1988	5-40 yrs.
243 Burgess Road	Industrial		452	1,514	—	322	452	1,836	2,288	1,005	1988	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	2017 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv		Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
496 Gallimore Dairy Road	Industrial		546	—	—		3,342		546	3,342	3,888	1,568	1998	5-40 yrs.
494 Gallimore Dairy Road	Industrial		749	—	—		3,101		749	3,101	3,850	1,256	1999	5-40 yrs.
486 Gallimore Dairy Road	Industrial		603	—	—		3,281		603	3,281	3,884	1,207	1999	5-40 yrs.
488 Gallimore Dairy Road	Industrial		499	—	—		2,473		499	2,473	2,972	1,009	1999	5-40 yrs.
490 Gallimore Dairy Road	Industrial		1,733	—	—		5,997		1,733	5,997	7,730	3,441	1999	5-40 yrs.
Brigham Road - Land	Industrial		7,059	—	(5,510	)	—		1,549	—	1,549	—	N/A	N/A
651 Brigham Road	Industrial		453	—	360		2,857		813	2,857	3,670	1,132	2002	5-40 yrs.
657 Brigham Road	Industrial		2,733	—	881		10,758		3,614	10,758	14,372	3,042	2006	5-40 yrs.
653 Brigham Road	Industrial		814	—	—		3,587		814	3,587	4,401	903	2007	5-40 yrs.
1501 Highwoods Boulevard	Office		1,476	—	—		8,565		1,476	8,565	10,041	3,182	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		2,860		898	2,860	3,758	1,285	1996	5-40 yrs.
4224 Tudor Lane	Industrial		435	—	288		2,431		723	2,431	3,154	1,041	1996	5-40 yrs.
7023 Albert Pick Road	Office		834	3,459	—		1,189		834	4,648	5,482	2,398	1989	5-40 yrs.
370 Knollwood Street	Office		1,826	7,495	—		4,112		1,826	11,607	13,433	6,000	1994	5-40 yrs.
380 Knollwood Street	Office		2,989	12,029	—		4,888		2,989	16,917	19,906	9,088	1990	5-40 yrs.
Church St Medical Center I	Office		2,734	9,129	—		803		2,734	9,932	12,666	1,446	2003	5-40 yrs.
Church St Medical Center II	Office		2,376	5,451	—		(629	)	2,376	4,822	7,198	667	2007	5-40 yrs.
Church St Medical Center III	Office		925	4,551	—		124		925	4,675	5,600	1,026	2008	5-40 yrs.
628 Green Valley Road	Office		2,906	12,141	—		960		2,906	13,101	16,007	1,895	1998	5-40 yrs.
701 Green Valley Road	Office		3,787	7,719	—		900		3,787	8,619	12,406	1,511	1996	5-40 yrs.
661 Brigham Road	Office		890	5,512	—		117		890	5,629	6,519	246	2016	5-40 yrs.
655 Brigham Road	Office		—	—	899		6,470		899	6,470	7,369	70	2017	5-40 yrs.
Pittsburgh, PA
One PPG Place	Office		9,819	107,643	—		42,053		9,819	149,696	159,515	32,647	1983-1985	5-40 yrs.
Two PPG Place	Office		2,302	10,978	—		8,404		2,302	19,382	21,684	3,030	1983-1985	5-40 yrs.
Three PPG Place	Office		501	2,923	—		4,007		501	6,930	7,431	1,513	1983-1985	5-40 yrs.
Four PPG Place	Office		620	3,239	—		3,215		620	6,454	7,074	1,242	1983-1985	5-40 yrs.
Five PPG Place	Office		803	4,924	—		1,862		803	6,786	7,589	1,772	1983-1985	5-40 yrs.
Six PPG Place	Office		3,353	25,602	—		10,234		3,353	35,836	39,189	6,002	1983-1985	5-40 yrs.
EQT Plaza	Office		—	83,812	16,457		11,785		16,457	95,597	112,054	18,005	1987	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	2017 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Raleigh, NC
3600 Glenwood Avenue	Office		—	10,994	—		4,800	—	15,794	15,794	8,378	1986	5-40 yrs.
3737 Glenwood Avenue	Office		—	—	318		16,525	318	16,525	16,843	7,169	1999	5-40 yrs.
4800 North Park	Office		2,678	17,630	—		6,169	2,678	23,799	26,477	14,640	1985	5-40 yrs.
5000 North Park	Office		1,010	4,612	(49	)	4,218	961	8,830	9,791	4,861	1980	5-40 yrs.
801 Raleigh Corporate Center	Office		828	—	272		10,798	1,100	10,798	11,898	3,934	2002	5-40 yrs.
Blue Ridge I	Office		722	4,606	—		1,818	722	6,424	7,146	3,596	1982	5-40 yrs.
Blue Ridge II	Office		462	1,410	—		871	462	2,281	2,743	1,447	1988	5-40 yrs.
Cape Fear	Office		131	1,630	(2	)	1,238	129	2,868	2,997	2,404	1979	5-40 yrs.
Catawba	Office		125	1,635	(2	)	1,258	123	2,893	3,016	2,719	1980	5-40 yrs.
CentreGreen One	Office		1,529	—	(391	)	10,724	1,138	10,724	11,862	5,149	2000	5-40 yrs.
CentreGreen Two	Office		1,653	—	(389	)	10,344	1,264	10,344	11,608	3,944	2001	5-40 yrs.
CentreGreen Three	Office		—	—	1,291		31,860	1,291	31,860	33,151	374	2017	5-40 yrs.
CentreGreen Four	Office		1,779	—	(397	)	13,850	1,382	13,850	15,232	3,680	2002	5-40 yrs.
CentreGreen Five	Office		1,280	—	55		12,693	1,335	12,693	14,028	4,368	2008	5-40 yrs.
Cottonwood	Office		609	3,244	—		615	609	3,859	4,468	2,295	1983	5-40 yrs.
Dogwood	Office		766	2,769	—		241	766	3,010	3,776	1,716	1983	5-40 yrs.
GlenLake - Land	Office		13,003	—	(8,359	)	114	4,644	114	4,758	48	N/A	5-40 yrs.
GlenLake One	Office		924	—	1,324		21,641	2,248	21,641	23,889	7,917	2002	5-40 yrs.
GlenLake Four	Office		1,659	—	493		20,615	2,152	20,615	22,767	6,379	2006	5-40 yrs.
GlenLake Six	Office		941	—	(365	)	22,812	576	22,812	23,388	7,252	2008	5-40 yrs.
701 Raleigh Corporate Center	Office		1,304	—	540		14,957	1,844	14,957	16,801	7,051	1996	5-40 yrs.
Highwoods Centre	Office		531	—	(267	)	7,926	264	7,926	8,190	3,521	1998	5-40 yrs.
Highwoods Office Center North - Land	Office		357	49	—		—	357	49	406	37	N/A	5-40 yrs.
Highwoods Tower Two	Office		365	—	503		21,269	868	21,269	22,137	9,267	2001	5-40 yrs.
Inveresk Parcel 2 - Land	Office		657	—	38		103	695	103	798	6	N/A	N/A
Lake Boone Medical Center	Office		1,450	6,311	—		580	1,450	6,891	8,341	1,341	1998	5-40 yrs.
4620 Creekstone Drive	Office		149	—	107		3,191	256	3,191	3,447	1,315	2001	5-40 yrs.
4825 Creekstone Drive	Office		398	—	293		11,304	691	11,304	11,995	4,827	1999	5-40 yrs.
Pamlico	Office		289	—	—		10,507	289	10,507	10,796	7,794	1980	5-40 yrs.
Progress Center Renovation	Office		—	—	—		362	—	362	362	353	2003	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	2017 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv		Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
PNC Plaza	Office		1,206	—	—		71,350		1,206	71,350	72,556	21,320	2008	5-40 yrs.
Rexwoods Center I	Office		878	3,730	—		2,488		878	6,218	7,096	3,480	1990	5-40 yrs.
Rexwoods Center II	Office		362	1,818	—		1,436		362	3,254	3,616	1,626	1993	5-40 yrs.
Rexwoods Center III	Office		919	2,816	—		1,641		919	4,457	5,376	2,435	1992	5-40 yrs.
Rexwoods Center IV	Office		586	—	—		4,752		586	4,752	5,338	2,450	1995	5-40 yrs.
Rexwoods Center V	Office		1,301	—	184		6,376		1,485	6,376	7,861	2,881	1998	5-40 yrs.
Riverbirch	Office		469	4,038	23		5,226		492	9,264	9,756	2,100	1987	5-40 yrs.
Six Forks Center I	Office		666	2,665	—		1,997		666	4,662	5,328	2,686	1982	5-40 yrs.
Six Forks Center II	Office		1,086	4,533	—		2,807		1,086	7,340	8,426	3,971	1983	5-40 yrs.
Six Forks Center III	Office		862	4,411	—		3,051		862	7,462	8,324	4,254	1987	5-40 yrs.
Smoketree Tower	Office		2,353	11,743	—		7,109		2,353	18,852	21,205	9,725	1984	5-40 yrs.
4601 Creekstone Drive	Office		255	—	217		6,358		472	6,358	6,830	2,956	1997	5-40 yrs.
Weston - Land	Other		22,771	—	(19,526	)	—		3,245	—	3,245	—	N/A	N/A
4625 Creekstone Drive	Office		458	—	268		6,415		726	6,415	7,141	3,186	1995	5-40 yrs.
11000 Weston Parkway	Office		2,651	18,850	—		1,318		2,651	20,168	22,819	4,560	1998	5-40 yrs.
GlenLake Five	Office		2,263	30,264	—		3,431		2,263	33,695	35,958	3,900	2014	5-40 yrs.
11800 Weston Parkway	Office		826	13,188	—		2		826	13,190	14,016	1,320	2014	5-40 yrs.
CentreGreen Café	Office		41	3,509	—		—		41	3,509	3,550	272	2014	5-40 yrs.
CentreGreen Fitness Center	Office		27	2,322	—		—		27	2,322	2,349	180	2014	5-40 yrs.
One City Plaza	Office		11,288	68,375	—		18,767		11,288	87,142	98,430	9,401	1986	5-40 yrs.
Weston Lakefront I	Office		8,522	42,267	—		168		8,522	42,435	50,957	3,876	2015	5-40 yrs.
Weston Lakefront II	Office		8,522	45,870	—		151		8,522	46,021	54,543	3,925	2015	5-40 yrs.
Edison - Land	Office		5,984	—	2,605		—		8,589	—	8,589	—	N/A	N/A
Charter Square	Office		7,267	65,881	—		4,191		7,267	70,072	77,339	2,573	2015	5-40 yrs.
Other Property	Other		39,376	20,868	(33,209	)	(695	)	6,167	20,173	26,340	10,615	N/A	N/A
Richmond, VA
4900 Cox Road	Office		1,324	5,311	15		3,226		1,339	8,537	9,876	4,574	1991	5-40 yrs.
Colonnade Building	Office		1,364	6,105	—		2,401		1,364	8,506	9,870	3,059	2003	5-40 yrs.
Dominion Place - Pitts Parcel - Land	Office		1,101	—	(343	)	—		758	—	758	—	N/A	N/A
Markel 4521	Office		1,581	13,299	168		(1,244	)	1,749	12,055	13,804	5,213	1999	5-40 yrs.
Hamilton Beach/Proctor-Silex	Office		1,086	4,345	10		2,492		1,096	6,837	7,933	3,378	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	2017 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv		Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Highwoods Commons	Office		521	—	458		3,793		979	3,793	4,772	1,766	1999	5-40 yrs.
Highwoods One	Office		1,688	—	22		13,763		1,710	13,763	15,473	6,148	1996	5-40 yrs.
Highwoods Two	Office		786	—	226		8,033		1,012	8,033	9,045	2,910	1997	5-40 yrs.
Highwoods Five	Office		783	—	11		7,296		794	7,296	8,090	2,790	1998	5-40 yrs.
Highwoods Plaza	Office		909	—	187		6,008		1,096	6,008	7,104	2,947	2000	5-40 yrs.
Innslake Center	Office		845	—	195		6,434		1,040	6,434	7,474	2,592	2001	5-40 yrs.
Highwoods Centre	Office		1,205	4,825	—		1,366		1,205	6,191	7,396	3,239	1990	5-40 yrs.
Markel 4501	Office		1,300	13,259	213		(4,135	)	1,513	9,124	10,637	3,083	1998	5-40 yrs.
Markel 4600	Office		1,700	17,081	169		(3,607	)	1,869	13,474	15,343	4,339	1989	5-40 yrs.
North Park	Office		2,163	8,659	6		2,582		2,169	11,241	13,410	5,988	1989	5-40 yrs.
North Shore Commons I	Office		951	—	17		12,510		968	12,510	13,478	5,053	2002	5-40 yrs.
North Shore Commons II	Office		2,067	—	(89	)	11,030		1,978	11,030	13,008	2,884	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
Nuckols Corner Land	Office		1,259	—	203		—		1,462	—	1,462	—	N/A	N/A
One Shockoe Plaza	Office		—	—	356		17,440		356	17,440	17,796	8,138	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		2,211		1,621	11,075	12,696	3,925	1996	5-40 yrs.
Sadler & Cox Land	Office		1,535	—	343		—		1,878	—	1,878	—	N/A	N/A
Highwoods Three	Office		1,918	—	358		10,543		2,276	10,543	12,819	3,142	2005	5-40 yrs.
Stony Point I	Office		1,384	11,630	(267	)	4,323		1,117	15,953	17,070	7,557	1990	5-40 yrs.
Stony Point II	Office		1,240	—	103		12,450		1,343	12,450	13,793	5,309	1999	5-40 yrs.
Stony Point III	Office		995	—	—		10,342		995	10,342	11,337	4,126	2002	5-40 yrs.
Stony Point IV	Office		955	—	—		11,065		955	11,065	12,020	3,244	2006	5-40 yrs.
Virginia Mutual	Office		1,301	6,036	15		1,481		1,316	7,517	8,833	3,237	1996	5-40 yrs.
Waterfront Plaza	Office		585	2,347	8		1,375		593	3,722	4,315	1,752	1988	5-40 yrs.
Innsbrook Center	Office		914	8,249	—		686		914	8,935	9,849	3,211	1987	5-40 yrs.
Tampa, FL
4200 Cypress	Office		2,673	16,470	—		4,519		2,673	20,989	23,662	4,881	1989	5-40 yrs.
Bayshore Place	Office		2,276	11,817	—		2,336		2,276	14,153	16,429	7,268	1990	5-40 yrs.
General Services Administration Building	Office		4,054	—	406		27,759		4,460	27,759	32,219	10,894	2005	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	2017 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Highwoods Preserve Building I	Office		991	—	—		26,283	991	26,283	27,274	9,874	1999	5-40 yrs.
Highwoods Preserve Building V	Office		881	—	—		25,398	881	25,398	26,279	11,752	2001	5-40 yrs.
Highwoods Bay Center I	Office		3,565	—	(64	)	36,958	3,501	36,958	40,459	11,197	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	3,362	2007	5-40 yrs.
HIW Preserve VII Garage	Office		—	—	—		6,797	—	6,797	6,797	1,853	2007	5-40 yrs.
Horizon	Office		—	6,257	—		4,255	—	10,512	10,512	4,903	1980	5-40 yrs.
LakePointe One	Office		2,106	89	—		45,339	2,106	45,428	47,534	21,659	1986	5-40 yrs.
LakePointe Two	Office		2,000	15,848	672		15,240	2,672	31,088	33,760	12,824	1999	5-40 yrs.
Lakeside	Office		—	7,369	—		6,593	—	13,962	13,962	5,367	1978	5-40 yrs.
Lakeside/Parkside Garage	Office		—	—	—		5,627	—	5,627	5,627	1,732	2004	5-40 yrs.
One Harbour Place	Office		2,016	25,252	—		11,046	2,016	36,298	38,314	14,189	1985	5-40 yrs.
Parkside	Office		—	9,407	—		3,768	—	13,175	13,175	6,964	1979	5-40 yrs.
Pavilion	Office		—	16,394	—		4,646	—	21,040	21,040	10,479	1982	5-40 yrs.
Pavilion Parking Garage	Office		—	—	—		5,731	—	5,731	5,731	2,585	1999	5-40 yrs.
Spectrum	Office		1,454	14,502	—		6,931	1,454	21,433	22,887	11,604	1984	5-40 yrs.
Tower Place	Office		3,218	19,898	—		4,849	3,218	24,747	27,965	12,579	1988	5-40 yrs.
Westshore Square	Office		1,126	5,186	—		1,466	1,126	6,652	7,778	3,334	1976	5-40 yrs.
Independence Park - Land	Office		4,943	—	4,833		2,227	9,776	2,227	12,003	47	N/A	N/A
Independence Park I	Office		2,531	4,526	—		5,270	2,531	9,796	12,327	3,330	1983	5-40 yrs.
Meridian I	Office		1,849	22,363	—		1,808	1,849	24,171	26,020	4,047	1984	5-40 yrs.
Meridian II	Office		1,302	19,588	—		3,002	1,302	22,590	23,892	3,580	1986	5-40 yrs.
Laser Spine Institute	Office		—	—	6,310		44,634	6,310	44,634	50,944	2,849	2016	5-40 yrs.
Suntrust Financial Centre	Office		1,980	102,138	—		12,016	1,980	114,154	116,134	8,162	1992	5-40 yrs.
Suntrust Financial Land	Office		2,225	—	—		—	2,225	—	2,225	—	N/A	N/A
			563,648	2,678,507	(1,701	)	1,933,300	561,947	4,611,807	5,173,754	1,211,728

2017 Encumbrance Notes

(1) The tax basis of aggregate land and buildings and tenant improvements as of December 31, 2017 is $4.8 billion.