Schedule III

12 Months Ended

Dec. 31, 2020

SEC Schedule, 12-28, Real Estate Companies, Investment in 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,
	2020		2019		2018
Real estate assets:
Beginning balance	$	5,776,804	$	5,296,551	$	5,173,754
Acquisitions, development and improvements	259,470		677,842		274,863
Cost of real estate sold and retired	(441,441)		(197,589)		(152,066)
Ending balance (a)	$	5,594,833	$	5,776,804	$	5,296,551
Accumulated depreciation:
Beginning balance	$	1,405,341	$	1,296,562	$	1,211,728
Depreciation expense	204,585		214,682		191,035
Real estate sold and retired	(187,970)		(105,903)		(106,201)
Ending balance (b)	$	1,421,956	$	1,405,341	$	1,296,562

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

	2020		2019		2018
Total per Schedule III	$	5,594,833	$	5,776,804	$	5,296,551
Development in-process exclusive of land included in Schedule III	259,681		172,706		165,537
Real estate assets, net, held for sale	(14,850)		(34,396)		—
Total real estate assets	$	5,839,664	$	5,915,114	$	5,462,088

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

	2020		2019		2018
Total per Schedule III	$	1,421,956	$	1,405,341	$	1,296,562
Real estate assets, net, held for sale	(3,577)		(16,775)		—
Total accumulated depreciation	$	1,418,379	$	1,388,566	$	1,296,562

Real Estate and Accumulated Depreciation Disclosure

(in thousands)

December 31, 2020

			Initial Costs				Costs Capitalized Subsequent to Acquisition				Gross Value at Close of Period
Description	Property Type	2020 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	$	1,478	$	2	$	3,960	$	3,962	$	1,925	1983	5-40 yrs.
1800 Century Boulevard	Office		1,444		29,081		—		11,265		1,444		40,346		41,790		24,040		1975	5-40 yrs.
1825 Century Boulevard	Office		864		—		303		15,166		1,167		15,166		16,333		6,729		2002	5-40 yrs.
1875 Century Boulevard	Office		—		8,924		—		8,329		—		17,253		17,253		8,706		1976	5-40 yrs.
1900 Century Boulevard	Office		—		4,744		—		710		—		5,454		5,454		5,341		1971	5-40 yrs.
2200 Century Parkway	Office		—		14,432		—		9,059		—		23,491		23,491		11,732		1971	5-40 yrs.
2400 Century Parkway	Office		—		—		406		14,776		406		14,776		15,182		7,686		1998	5-40 yrs.
2500 Century Parkway	Office		—		—		328		12,684		328		12,684		13,012		4,589		2005	5-40 yrs.
2500/2635 Parking Garage	Office		—		—		—		6,447		—		6,447		6,447		2,424		2005	5-40 yrs.
2600 Century Parkway	Office		—		10,679		—		4,244		—		14,923		14,923		7,898		1973	5-40 yrs.
2635 Century Parkway	Office		—		21,643		—		20,514		—		42,157		42,157		18,043		1980	5-40 yrs.
2800 Century Parkway	Office		—		20,449		—		10,653		—		31,102		31,102		17,782		1983	5-40 yrs.
50 Glenlake	Office		2,500		20,006		—		4,308		2,500		24,314		26,814		13,172		1997	5-40 yrs.
Century Plaza I	Office		1,290		8,567		—		5,022		1,290		13,589		14,879		6,872		1981	5-40 yrs.
Century Plaza II	Office		1,380		7,733		—		3,108		1,380		10,841		12,221		5,559		1984	5-40 yrs.
5405 Windward Parkway	Office		3,342		32,111		—		19,729		3,342		51,840		55,182		26,543		1998	5-40 yrs.
Riverpoint - Land	Industrial		7,250		—		(4,439)		718		2,811		718		3,529		185		N/A	5-40 yrs.
Riverwood 100	Office		5,785		64,913		(29)		26,071		5,756		90,984		96,740		23,842		1989	5-40 yrs.
Tradeport - Land	Industrial		5,243		—		(4,819)		—		424		—		424		—		N/A	N/A
Two Alliance Center	Office		9,579		125,549		—		906		9,579		126,455		136,034		33,618		2009	5-40 yrs.
One Alliance Center	Office		14,775		123,071		—		17,587		14,775		140,658		155,433		32,298		2001	5-40 yrs.
10 Glenlake North	Office		5,349		26,334		—		11,303		5,349		37,637		42,986		10,897		2000	5-40 yrs.
10 Glenlake South	Office		5,103		22,811		—		3,523		5,103		26,334		31,437		7,056		1999	5-40 yrs.
Riverwood 200	Office		4,777		89,708		450		2,905		5,227		92,613		97,840		11,172		2017	5-40 yrs.
Riverwood 300 - Land	Office		400		—		—		710		400		710		1,110		70		N/A	5-40 yrs.
Monarch Tower	Office		22,717		143,068		—		17,074		22,717		160,142		182,859		25,234		1997	5-40 yrs.
Monarch Plaza	Office		27,678		88,962		—		11,147		27,678		100,109		127,787		15,755		1983	5-40 yrs.
Charlotte, NC
Bank of America Tower	Office		29,273		354,749		—		20,087		29,273		374,836		404,109		12,090		2019	5-40 yrs.

			Initial Costs		Costs Capitalized Subsequent to Acquisition		Gross Value at Close of Period
Description	Property Type	2020 Encumbrance	Land	Bldg & Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Nashville, TN
3322 West End	Office		3,025	27,490	—	11,806	3,025	39,296	42,321	18,539	1986	5-40 yrs.
3401 West End	Office		5,862	22,917	—	6,566	5,862	29,483	35,345	16,114	1982	5-40 yrs.
5310 Maryland Way	Office		1,863	7,201	—	3,809	1,863	11,010	12,873	6,540	1994	5-40 yrs.
Cool Springs I & II Deck	Office		—	—	—	3,990	—	3,990	3,990	1,314	2007	5-40 yrs.
Cool Springs III & IV Deck	Office		—	—	—	4,463	—	4,463	4,463	1,535	2007	5-40 yrs.
Cool Springs I	Office		1,583	—	15	15,891	1,598	15,891	17,489	7,396	1999	5-40 yrs.
Cool Springs II	Office		1,824	—	346	24,705	2,170	24,705	26,875	10,089	1999	5-40 yrs.
Cool Springs III	Office		1,631	—	804	16,241	2,435	16,241	18,676	5,698	2006	5-40 yrs.
Cool Springs IV	Office		1,715	—	—	19,221	1,715	19,221	20,936	6,131	2008	5-40 yrs.
Cool Springs V (Healthways)	Office		3,688	—	295	53,100	3,983	53,100	57,083	23,044	2007	5-40 yrs.
Harpeth On The Green II	Office		1,419	5,677	—	3,216	1,419	8,893	10,312	4,607	1984	5-40 yrs.
Harpeth On The Green III	Office		1,660	6,649	—	2,263	1,660	8,912	10,572	5,015	1987	5-40 yrs.
Harpeth On The Green IV	Office		1,713	6,842	—	3,171	1,713	10,013	11,726	5,598	1989	5-40 yrs.
Harpeth On The Green V	Office		662	—	197	5,795	859	5,795	6,654	2,686	1998	5-40 yrs.
Hickory Trace	Office		1,164	—	164	6,111	1,328	6,111	7,439	2,474	2001	5-40 yrs.
Highwoods Plaza I	Office		1,552	—	307	9,951	1,859	9,951	11,810	5,020	1996	5-40 yrs.
Highwoods Plaza II	Office		1,448	—	307	9,600	1,755	9,600	11,355	4,988	1997	5-40 yrs.
Seven Springs I	Office		2,076	—	592	13,216	2,668	13,216	15,884	5,916	2002	5-40 yrs.
SouthPointe	Office		1,655	—	310	9,430	1,965	9,430	11,395	4,107	1998	5-40 yrs.
Ramparts	Office		2,394	12,806	—	10,313	2,394	23,119	25,513	9,057	1986	5-40 yrs.
Westwood South	Office		2,106	—	382	12,317	2,488	12,317	14,805	6,168	1999	5-40 yrs.
100 Winners Circle	Office		1,497	7,258	—	2,760	1,497	10,018	11,515	5,121	1987	5-40 yrs.
The Pinnacle at Symphony Place	Office	93,350	—	141,469	—	6,406	—	147,875	147,875	36,904	2010	5-40 yrs.
Seven Springs East (LifePoint)	Office		2,525	37,587	—	192	2,525	37,779	40,304	8,512	2013	5-40 yrs.
The Shops at Seven Springs	Office		803	8,223	—	581	803	8,804	9,607	2,604	2013	5-40 yrs.
Seven Springs West	Office		2,439	51,306	—	1,995	2,439	53,301	55,740	7,947	2016	5-40 yrs.
Seven Springs II	Office		2,356	30,048	—	3,011	2,356	33,059	35,415	4,058	2017	5-40 yrs.
Bridgestone Tower	Office		19,223	169,582	—	110	19,223	169,692	188,915	16,369	2017	5-40 yrs.
Virginia Springs II	Office		—	—	4,821	21,578	4,821	21,578	26,399	70	2020	5-40 yrs.
MARS Campus	Office		7,010	87,474	—	32	7,010	87,506	94,516	5,505	2019	5-40 yrs.
5501 Virginia Way	Office		4,534	25,632	—	274	4,534	25,906	30,440	1,775	2018	5-40 yrs.
1100 Broadway - Land	Office		29,845	—	—	—	29,845	—	29,845	—	N/A	N/A
Ovation - Land	Office		31,063	—	104	—	31,167	—	31,167	—	N/A	N/A

			Initial Costs		Costs Capitalized Subsequent to Acquisition		Gross Value at Close of Period
Description	Property Type	2020 Encumbrance	Land	Bldg & Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Broadway Stem - Land	Office		—	—	6,218	—	6,218	—	6,218	—	N/A	N/A
Orlando, FL
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
The 1800 Eller Drive Building	Office		—	9,851	—	3,526	—	13,377	13,377	9,158	1983	5-40 yrs.
Seaside Plaza	Office		3,893	29,541	—	10,104	3,893	39,645	43,538	8,963	1982	5-40 yrs.
Capital Plaza Two	Office		4,346	43,394	—	8,433	4,346	51,827	56,173	12,253	1999	5-40 yrs.
Capital Plaza One	Office		3,482	27,321	—	7,668	3,482	34,989	38,471	7,387	1975	5-40 yrs.
Landmark Center Two	Office		4,743	22,031	—	9,352	4,743	31,383	36,126	7,595	1985	5-40 yrs.
Landmark Center One	Office		6,207	22,655	—	10,026	6,207	32,681	38,888	7,556	1983	5-40 yrs.
300 South Orange	Office		3,490	56,079	—	10,243	3,490	66,322	69,812	12,867	2000	5-40 yrs.
Eola Centre	Office		3,758	11,160	—	12,739	3,758	23,899	27,657	3,710	1969	5-40 yrs.
Pittsburgh, PA
One PPG Place	Office		9,819	107,643	—	51,500	9,819	159,143	168,962	51,382	1983-1985	5-40 yrs.
Two PPG Place	Office		2,302	10,978	—	10,655	2,302	21,633	23,935	5,670	1983-1985	5-40 yrs.
Three PPG Place	Office		501	2,923	—	4,680	501	7,603	8,104	2,737	1983-1985	5-40 yrs.
Four PPG Place	Office		620	3,239	—	3,675	620	6,914	7,534	2,220	1983-1985	5-40 yrs.
Five PPG Place	Office		803	4,924	—	3,168	803	8,092	8,895	2,828	1983-1985	5-40 yrs.
Six PPG Place	Office		3,353	25,602	—	15,502	3,353	41,104	44,457	11,416	1983-1985	5-40 yrs.
EQT Plaza	Office		16,457	83,812	—	15,175	16,457	98,987	115,444	25,863	1987	5-40 yrs.
East Liberty - Land	Office		2,478	—	—	—	2,478	—	2,478	—	N/A	N/A
Raleigh, NC
3600 Glenwood Avenue	Office		—	10,994	—	4,948	—	15,942	15,942	8,885	1986	5-40 yrs.
3737 Glenwood Avenue	Office		—	—	318	17,281	318	17,281	17,599	8,596	1999	5-40 yrs.
4800 North Park	Office		2,678	17,630	—	10,224	2,678	27,854	30,532	16,546	1985	5-40 yrs.
5000 North Park	Office		1,010	4,612	(49)	2,674	961	7,286	8,247	4,078	1980	5-40 yrs.
801 Raleigh Corporate Center	Office		828	—	272	11,233	1,100	11,233	12,333	4,604	2002	5-40 yrs.
2500 Blue Ridge Road	Office		722	4,606	—	1,497	722	6,103	6,825	3,844	1982	5-40 yrs.
2418 Blue Ridge Road	Office		462	1,410	—	2,718	462	4,128	4,590	1,623	1988	5-40 yrs.
Cape Fear	Office		131	1,630	(2)	(1,004)	129	626	755	382	1979	5-40 yrs.
Catawba - Land	Office		125	1,635	(2)	(1,635)	123	—	123	—	N/A	N/A
2000 CentreGreen	Office		1,529	—	(391)	12,445	1,138	12,445	13,583	4,544	2000	5-40 yrs.
4000 CentreGreen	Office		1,653	—	(389)	11,339	1,264	11,339	12,603	5,202	2001	5-40 yrs.
5000 CentreGreen	Office		1,291	34,572	—	2,875	1,291	37,447	38,738	4,997	2017	5-40 yrs.

			Initial Costs		Costs Capitalized Subsequent to Acquisition		Gross Value at Close of Period
Description	Property Type	2020 Encumbrance	Land	Bldg & Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
3000 CentreGreen	Office		1,779	—	(397)	14,505	1,382	14,505	15,887	4,860	2002	5-40 yrs.
1000 CentreGreen	Office		1,280	—	55	12,888	1,335	12,888	14,223	3,736	2008	5-40 yrs.
Cottonwood	Office		609	3,244	—	437	609	3,681	4,290	2,435	1983	5-40 yrs.
GlenLake - Land	Office		13,003	—	(9,924)	114	3,079	114	3,193	56	N/A	5-40 yrs.
GlenLake One	Office		924	—	1,324	22,714	2,248	22,714	24,962	10,176	2002	5-40 yrs.
GlenLake Four	Office		1,659	—	493	20,311	2,152	20,311	22,463	7,243	2006	5-40 yrs.
GlenLake Six	Office		941	—	(365)	20,118	576	20,118	20,694	6,532	2008	5-40 yrs.
701 Raleigh Corporate Center	Office		1,304	—	540	17,337	1,844	17,337	19,181	8,802	1996	5-40 yrs.
Highwoods Centre	Office		531	—	(267)	7,981	264	7,981	8,245	4,290	1998	5-40 yrs.
Inveresk Parcel 2 - Land	Office		657	—	38	103	695	103	798	14	N/A	5-40 yrs.
4201 Lake Boone Trail	Office		1,450	6,311	—	684	1,450	6,995	8,445	1,998	1998	5-40 yrs.
4620 Creekstone Drive	Office		149	—	107	3,380	256	3,380	3,636	1,511	2001	5-40 yrs.
4825 Creekstone Drive	Office		398	—	293	10,478	691	10,478	11,169	5,269	1999	5-40 yrs.
Pamlico	Office		289	—	—	9,188	289	9,188	9,477	7,209	1980	5-40 yrs.
751 Corporate Center	Office		2,665	16,939	—	—	2,665	16,939	19,604	1,817	2018	5-40 yrs.
PNC Plaza	Office		1,206	—	—	70,389	1,206	70,389	71,595	24,643	2008	5-40 yrs.
4301 Lake Boone Trail	Office		878	3,730	—	2,405	878	6,135	7,013	3,896	1990	5-40 yrs.
4207 Lake Boone Trail	Office		362	1,818	—	1,407	362	3,225	3,587	2,130	1993	5-40 yrs.
2301 Rexwoods Drive	Office		919	2,816	—	1,650	919	4,466	5,385	2,769	1992	5-40 yrs.
4325 Lake Boone Trail	Office		586	—	—	4,872	586	4,872	5,458	2,764	1995	5-40 yrs.
2300 Rexwoods Drive	Office		1,301	—	184	8,129	1,485	8,129	9,614	2,938	1998	5-40 yrs.
4709 Creekstone Drive	Office		469	4,038	23	5,383	492	9,421	9,913	3,081	1987	5-40 yrs.
4700 Six Forks Road	Office		666	2,665	—	1,180	666	3,845	4,511	2,356	1982	5-40 yrs.
4700 Homewood Court	Office		1,086	4,533	—	2,078	1,086	6,611	7,697	3,925	1983	5-40 yrs.
4800 Six Forks Road	Office		862	4,411	—	3,433	862	7,844	8,706	4,401	1987	5-40 yrs.
Smoketree Tower	Office		2,353	11,743	—	6,818	2,353	18,561	20,914	10,951	1984	5-40 yrs.
4601 Creekstone Drive	Office		255	—	217	6,221	472	6,221	6,693	3,545	1997	5-40 yrs.
Weston - Land	Office		22,771	—	(19,894)	—	2,877	—	2,877	—	N/A	N/A
4625 Creekstone Drive	Office		458	—	268	6,122	726	6,122	6,848	3,621	1995	5-40 yrs.
11000 Weston Parkway	Office		2,651	18,850	—	15,357	2,651	34,207	36,858	6,014	1998	5-40 yrs.
GlenLake Five	Office		2,263	30,264	—	3,693	2,263	33,957	36,220	8,605	2014	5-40 yrs.
11800 Weston Parkway	Office		826	13,188	—	13	826	13,201	14,027	2,836	2014	5-40 yrs.
CentreGreen Café	Office		41	3,509	—	(2)	41	3,507	3,548	533	2014	5-40 yrs.
CentreGreen Fitness Center	Office		27	2,322	—	(1)	27	2,321	2,348	353	2014	5-40 yrs.

			Initial Costs		Costs Capitalized Subsequent to Acquisition		Gross Value at Close of Period
Description	Property Type	2020 Encumbrance	Land	Bldg & Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
One City Plaza	Office		11,288	68,375	—	26,766	11,288	95,141	106,429	20,423	1986	5-40 yrs.
Edison - Land	Office		5,984	—	2,196	—	8,180	—	8,180	—	N/A	N/A
Charter Square	Office		7,267	65,881	—	4,913	7,267	70,794	78,061	10,208	2015	5-40 yrs.
MetLife Global Technology Campus	Office		21,580	149,889	—	(153)	21,580	149,736	171,316	19,477	2015	5-40 yrs.
GlenLake Seven	Office		—	—	1,662	34,077	1,662	34,077	35,739	435	2020	5-40 yrs.
Hargett - Land	Office		6,582	—	2,816	—	9,398	—	9,398	—	N/A	N/A
Other Property	Other		27,260	20,868	(6,084)	96,118	21,176	116,986	138,162	50,227	N/A	5-40 yrs.
Richmond, VA
4900 Cox Road	Office		1,324	5,311	15	3,731	1,339	9,042	10,381	5,460	1991	5-40 yrs.
Colonnade Building	Office		1,364	6,105	—	2,462	1,364	8,567	9,931	3,885	2003	5-40 yrs.
Dominion Place - Pitts Parcel - Land	Office		1,101	—	(404)	—	697	—	697	—	N/A	N/A
Markel 4521	Office		1,581	13,299	168	(396)	1,749	12,903	14,652	6,260	1999	5-40 yrs.
Hamilton Beach	Office		1,086	4,345	10	2,997	1,096	7,342	8,438	3,849	1986	5-40 yrs.
Highwoods Commons	Office		521	—	458	4,651	979	4,651	5,630	2,261	1999	5-40 yrs.
Highwoods One	Office		1,688	—	22	14,116	1,710	14,116	15,826	7,416	1996	5-40 yrs.
Highwoods Two	Office		786	—	226	10,292	1,012	10,292	11,304	3,936	1997	5-40 yrs.
Highwoods Five	Office		783	—	11	8,000	794	8,000	8,794	3,744	1998	5-40 yrs.
Highwoods Plaza	Office		909	—	187	5,897	1,096	5,897	6,993	2,865	2000	5-40 yrs.
Innslake Center	Office		845	—	195	8,023	1,040	8,023	9,063	3,527	2001	5-40 yrs.
Highwoods Centre	Office		1,205	4,825	—	1,967	1,205	6,792	7,997	3,505	1990	5-40 yrs.
Markel 4501	Office		1,300	13,259	213	(3,367)	1,513	9,892	11,405	4,039	1998	5-40 yrs.
4600 Cox Road	Office		1,700	17,081	169	(3,450)	1,869	13,631	15,500	5,576	1989	5-40 yrs.
North Park	Office		2,163	8,659	6	3,666	2,169	12,325	14,494	6,976	1989	5-40 yrs.
North Shore Commons I	Office		951	—	137	12,624	1,088	12,624	13,712	6,525	2002	5-40 yrs.
North Shore Commons II	Office		2,067	—	(89)	10,848	1,978	10,848	12,826	3,873	2007	5-40 yrs.
North Shore Commons C - Land	Office		1,497	—	55	10	1,552	10	1,562	1	N/A	5-40 yrs.
North Shore Commons D - Land	Office		1,261	—	—	—	1,261	—	1,261	—	N/A	N/A
Nuckols Corner - Land	Office		1,259	—	231	—	1,490	—	1,490	—	N/A	N/A
One Shockoe Plaza	Office		—	—	356	21,530	356	21,530	21,886	10,372	1996	5-40 yrs.
Pavilion - Land	Office		181	46	(181)	(46)	—	—	—	—	N/A	N/A
Lake Brook Commons	Office		1,600	8,864	21	2,877	1,621	11,741	13,362	5,503	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	12,128	2,276	12,128	14,404	4,345	2005	5-40 yrs.
Stony Point VI (Virginia Urology)	Office		1,925	25,868	—	(2)	1,925	25,866	27,791	2,059	2018	5-40 yrs.

			Initial Costs		Costs Capitalized Subsequent to Acquisition		Gross Value at Close of Period
Description	Property Type	2020 Encumbrance	Land	Bldg & Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Stony Point I	Office		1,384	11,630	(267)	4,115	1,117	15,745	16,862	8,432	1990	5-40 yrs.
Stony Point II	Office		1,240	—	103	13,296	1,343	13,296	14,639	6,534	1999	5-40 yrs.
Stony Point III	Office		995	—	—	10,762	995	10,762	11,757	5,361	2002	5-40 yrs.
Stony Point IV	Office		955	—	—	12,057	955	12,057	13,012	4,467	2006	5-40 yrs.
Virginia Mutual	Office		1,301	6,036	15	1,201	1,316	7,237	8,553	3,639	1996	5-40 yrs.
Waterfront Plaza	Office		585	2,347	8	2,291	593	4,638	5,231	2,157	1988	5-40 yrs.
Innsbrook Centre	Office		914	8,249	—	1,126	914	9,375	10,289	4,093	1987	5-40 yrs.
Elks Pass - Land	Office		3,326	—	—	—	3,326	—	3,326	—	N/A	N/A
Tampa, FL
Meridian Three	Office		2,673	16,470	—	5,930	2,673	22,400	25,073	7,048	1989	5-40 yrs.
Bayshore Place	Office		2,276	11,817	—	3,632	2,276	15,449	17,725	7,269	1990	5-40 yrs.
5525 Gray Street	Office		4,054	—	406	23,977	4,460	23,977	28,437	8,606	2005	5-40 yrs.
Highwoods Preserve Building V	Office		881	—	—	25,368	881	25,368	26,249	11,031	2001	5-40 yrs.
Highwoods Bay Center I	Office		3,565	—	(64)	38,263	3,501	38,263	41,764	12,745	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	—	—	16,996	790	16,996	17,786	4,481	2007	5-40 yrs.
HIW Preserve VII Garage	Office		—	—	—	6,932	—	6,932	6,932	2,367	2007	5-40 yrs.
Horizon	Office		—	6,257	—	4,443	—	10,700	10,700	5,546	1980	5-40 yrs.
LakePointe One	Office		2,106	89	—	41,475	2,106	41,564	43,670	23,659	1986	5-40 yrs.
LakePointe Two	Office		2,000	15,848	672	15,211	2,672	31,059	33,731	15,976	1999	5-40 yrs.
Lakeside	Office		—	7,369	—	7,726	—	15,095	15,095	7,504	1978	5-40 yrs.
Lakeside/Parkside Garage	Office		—	—	—	5,732	—	5,732	5,732	2,455	2004	5-40 yrs.
One Harbour Place	Office		2,016	25,252	—	16,693	2,016	41,945	43,961	18,333	1985	5-40 yrs.
Parkside	Office		—	9,407	—	3,231	—	12,638	12,638	6,111	1979	5-40 yrs.
Pavilion	Office		—	16,394	—	6,071	—	22,465	22,465	12,081	1982	5-40 yrs.
Pavilion Parking Garage	Office		—	—	—	5,801	—	5,801	5,801	3,038	1999	5-40 yrs.
Spectrum	Office		1,454	14,502	—	4,751	1,454	19,253	20,707	10,099	1984	5-40 yrs.
Tower Place	Office		3,218	19,898	—	6,948	3,218	26,846	30,064	14,011	1988	5-40 yrs.
Westshore Square	Office		1,126	5,186	—	1,706	1,126	6,892	8,018	3,687	1976	5-40 yrs.
Independence Park - Land	Office		4,943	—	5,058	2,227	10,001	2,227	12,228	214	N/A	5-40 yrs.
Independence One	Office		2,531	4,526	—	5,741	2,531	10,267	12,798	5,104	1983	5-40 yrs.
Meridian One	Office		1,849	22,363	—	3,187	1,849	25,550	27,399	6,028	1984	5-40 yrs.
Meridian Two	Office		1,302	19,588	—	5,425	1,302	25,013	26,315	6,064	1986	5-40 yrs.
5332 Avion Drive	Office		—	—	6,310	39,358	6,310	39,358	45,668	3,937	2016	5-40 yrs.

			Initial Costs				Costs Capitalized Subsequent to Acquisition				Gross Value at Close of Period
Description	Property Type	2020 Encumbrance	Land		Bldg & Improv		Land		Bldg & Improv		Land		Bldg & Improv		Total Assets (1)		Accumulated Depreciation		Date of Construction	Life on Which Depreciation is Calculated
Suntrust Financial Centre	Office		1,980		102,138		—		25,020		1,980		127,158		129,138		20,758		1992	5-40 yrs.
Suntrust Financial - Land	Office		2,225		—		—		—		2,225		—		2,225		—		N/A	N/A
			$	606,086	$	3,274,841	$	(5,128)	$	1,719,034	$	600,958	$	4,993,875	$	5,594,833	$	1,421,956

__________

(1)The cost basis for income tax purposes of aggregate land and buildings and tenant improvements as of December 31, 2020 is $5.5 billion.