Schedule III

12 Months Ended

Dec. 31, 2019

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,
	2019			2018			2017
Real estate assets:
Beginning balance	$	5,296,551		$	5,173,754		$	4,865,103
Additions:
Acquisitions, development and improvements	677,842			274,863			486,755
Cost of real estate sold and retired	(197,589		)	(152,066		)	(178,104		)
Ending balance (a)	$	5,776,804		$	5,296,551		$	5,173,754
Accumulated depreciation:
Beginning balance	$	1,296,562		$	1,211,728		$	1,134,103
Depreciation expense	214,682			191,035			184,385
Real estate sold and retired	(105,903		)	(106,201		)	(106,760		)
Ending balance (b)	$	1,405,341		$	1,296,562		$	1,211,728

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

	2019			2018		2017
Total per Schedule III	$	5,776,804		$	5,296,551	$	5,173,754
Development in-process exclusive of land included in Schedule III	172,706			165,537		88,452
Real estate assets, net, held for sale	(34,396		)	—		(22,543		)
Total real estate assets	$	5,915,114		$	5,462,088	$	5,239,663

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

	2019			2018		2017
Total per Schedule III	$	1,405,341		$	1,296,562	$	1,211,728
Real estate assets, net, held for sale	(16,775		)	—		(9,304		)
Total accumulated depreciation	$	1,388,566		$	1,296,562	$	1,202,424

Real Estate and Accumulated Depreciation Disclosure

HIGHWOODS PROPERTIES, INC.

HIGHWOODS REALTY LIMITED PARTNERSHIP

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION

(in thousands)

December 31, 2019

			Initial Costs				Costs Capitalized Subsequent to Acquisition					Gross Value at Close of Period
Description	Property Type	2019 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		$	1,452	$	2	$	3,934	$	3,936	$	1,727	1983	5-40 yrs.
1800 Century Boulevard	Office		1,444		29,081		—			10,645		1,444		39,726		41,170		22,558		1975	5-40 yrs.
1825 Century Boulevard	Office		864		—		303			15,089		1,167		15,089		16,256		6,255		2002	5-40 yrs.
1875 Century Boulevard	Office		—		8,924		—			8,281		—		17,205		17,205		7,779		1976	5-40 yrs.
1900 Century Boulevard	Office		—		4,744		—			710		—		5,454		5,454		5,111		1971	5-40 yrs.
2200 Century Parkway	Office		—		14,432		—			9,043		—		23,475		23,475		11,282		1971	5-40 yrs.
2400 Century Parkway	Office		—		—		406			14,779		406		14,779		15,185		7,111		1998	5-40 yrs.
2500 Century Parkway	Office		—		—		328			12,629		328		12,629		12,957		4,149		2005	5-40 yrs.
2500/2635 Parking Garage	Office		—		—		—			6,446		—		6,446		6,446		2,254		2005	5-40 yrs.
2600 Century Parkway	Office		—		10,679		—			4,603		—		15,282		15,282		7,823		1973	5-40 yrs.
2635 Century Parkway	Office		—		21,643		—			19,336		—		40,979		40,979		15,880		1980	5-40 yrs.
2800 Century Parkway	Office		—		20,449		—			10,417		—		30,866		30,866		16,569		1983	5-40 yrs.
50 Glenlake	Office		2,500		20,006		—			4,150		2,500		24,156		26,656		12,784		1997	5-40 yrs.
Century Plaza I	Office		1,290		8,567		—			4,695		1,290		13,262		14,552		6,329		1981	5-40 yrs.
Century Plaza II	Office		1,380		7,733		—			3,118		1,380		10,851		12,231		5,249		1984	5-40 yrs.
Charles W. Grant Parkway	Office		1,196		—		1,416			12,160		2,612		12,160		14,772		3,269		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		—			19,671		3,342		51,782		55,124		24,343		1998	5-40 yrs.
Riverpoint - Land	Industrial		7,250		—		(4,439		)	718		2,811		718		3,529		167		N/A	5-40 yrs.
Riverwood 100	Office		5,785		64,913		(29		)	23,760		5,756		88,673		94,429		20,255		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		—			2,029		9,579		127,578		137,157		32,833		2009	5-40 yrs.
One Alliance Center	Office		14,775		123,071		—			17,076		14,775		140,147		154,922		27,985		2001	5-40 yrs.
10 Glenlake North	Office		5,349		26,334		—			11,692		5,349		38,026		43,375		8,963		2000	5-40 yrs.
10 Glenlake South	Office		5,103		22,811		—			2,883		5,103		25,694		30,797		6,361		1999	5-40 yrs.
Riverwood 200	Office		4,777		89,708		450			2,772		5,227		92,480		97,707		8,007		2017	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	2019 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv		Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Riverwood 300 - Land	Office		400	—	—		710		400	710	1,110	52	N/A	5-40 yrs.
Monarch Tower	Office		22,717	143,068	—		14,742		22,717	157,810	180,527	20,029	1997	5-40 yrs.
Monarch Plaza	Office		27,678	88,962	—		8,945		27,678	97,907	125,585	12,760	1983	5-40 yrs.
Charlotte, NC
Bank of America Tower	Office		—	—	29,273		354,749		29,273	354,749	384,022	1,224	2019	5-40 yrs.
Memphis, TN
Triad Centre I	Office		2,340	11,385	(849	)	4,713		1,491	16,098	17,589	7,925	1985	5-40 yrs.
Triad Centre II	Office		1,980	8,677	(404	)	5,609		1,576	14,286	15,862	6,925	1987	5-40 yrs.
Centrum	Office		1,013	5,580	—		3,261		1,013	8,841	9,854	4,835	1979	5-40 yrs.
Comcast	Office		946	—	(252	)	4,907		694	4,907	5,601	1,719	2008	5-40 yrs.
International Place II	Office		4,884	27,782	—		7,210		4,884	34,992	39,876	19,039	1988	5-40 yrs.
PennMarc Centre	Office		3,607	10,240	—		4,663		3,607	14,903	18,510	5,632	2008	5-40 yrs.
Colonnade	Office		1,300	6,481	267		2,501		1,567	8,982	10,549	4,546	1998	5-40 yrs.
Crescent Center	Office		7,875	32,756	(547	)	13,525		7,328	46,281	53,609	13,266	1986	5-40 yrs.
Triad Centre III	Office		1,253	—	—		36,651		1,253	36,651	37,904	10,244	2009	5-40 yrs.
Capital Grille	Office		311	3,258	—		(23	)	311	3,235	3,546	1,553	2014	5-40 yrs.
Seasons 52	Office		320	3,741	—		(39	)	320	3,702	4,022	1,703	2014	5-40 yrs.
Nashville, TN
3322 West End	Office		3,025	27,490	—		11,107		3,025	38,597	41,622	17,278	1986	5-40 yrs.
3401 West End	Office		5,862	22,917	—		6,680		5,862	29,597	35,459	15,313	1982	5-40 yrs.
5310 Maryland Way	Office		1,863	7,201	—		3,648		1,863	10,849	12,712	6,060	1994	5-40 yrs.
Cool Springs I & II Deck	Office		—	—	—		3,990		—	3,990	3,990	1,213	2007	5-40 yrs.
Cool Springs III & IV Deck	Office		—	—	—		4,463		—	4,463	4,463	1,422	2007	5-40 yrs.
Cool Springs I	Office		1,583	—	15		13,341		1,598	13,341	14,939	6,710	1999	5-40 yrs.
Cool Springs II	Office		1,824	—	346		19,860		2,170	19,860	22,030	9,088	1999	5-40 yrs.
Cool Springs III	Office		1,631	—	804		15,746		2,435	15,746	18,181	5,194	2006	5-40 yrs.
Cool Springs IV	Office		1,715	—	—		19,331		1,715	19,331	21,046	5,562	2008	5-40 yrs.
Cool Springs V (Healthways)	Office		3,688	—	295		53,000		3,983	53,000	56,983	21,228	2007	5-40 yrs.
Harpeth On The Green II	Office		1,419	5,677	—		2,421		1,419	8,098	9,517	4,237	1984	5-40 yrs.
Harpeth On The Green III	Office		1,660	6,649	—		2,550		1,660	9,199	10,859	5,183	1987	5-40 yrs.
Harpeth On The Green IV	Office		1,713	6,842	—		2,910		1,713	9,752	11,465	5,146	1989	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	2019 Encumbrance	Land	Bldg & Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Harpeth On The Green V	Office		662	—	197	4,590	859	4,590	5,449	2,354	1998	5-40 yrs.
Hickory Trace	Office		1,164	—	164	5,445	1,328	5,445	6,773	2,214	2001	5-40 yrs.
Highwoods Plaza I	Office		1,552	—	307	9,776	1,859	9,776	11,635	4,535	1996	5-40 yrs.
Highwoods Plaza II	Office		1,448	—	307	9,043	1,755	9,043	10,798	4,582	1997	5-40 yrs.
Seven Springs I	Office		2,076	—	592	12,856	2,668	12,856	15,524	5,442	2002	5-40 yrs.
SouthPointe	Office		1,655	—	310	8,642	1,965	8,642	10,607	3,717	1998	5-40 yrs.
Ramparts	Office		2,394	12,806	—	9,113	2,394	21,919	24,313	8,012	1986	5-40 yrs.
Westwood South	Office		2,106	—	382	11,887	2,488	11,887	14,375	5,498	1999	5-40 yrs.
100 Winners Circle	Office		1,497	7,258	—	2,128	1,497	9,386	10,883	4,929	1987	5-40 yrs.
The Pinnacle at Symphony Place	Office	95,303	—	141,469	—	5,613	—	147,082	147,082	31,696	2010	5-40 yrs.
Seven Springs East (LifePoint)	Office		2,525	37,587	—	180	2,525	37,767	40,292	7,311	2013	5-40 yrs.
The Shops at Seven Springs	Office		803	8,223	—	428	803	8,651	9,454	2,195	2013	5-40 yrs.
Seven Springs West	Office		2,439	51,306	—	2,015	2,439	53,321	55,760	6,123	2016	5-40 yrs.
Seven Springs II	Office		2,356	30,048	—	1,621	2,356	31,669	34,025	2,853	2017	5-40 yrs.
Bridgestone Tower	Office		15,639	169,392	1,200	190	16,839	169,582	186,421	11,517	2017	5-40 yrs.
MARS Campus	Office		—	—	7,010	87,474	7,010	87,474	94,484	2,225	2019	5-40 yrs.
5501 Virginia Way	Office		4,534	25,632	—	—	4,534	25,632	30,166	794	2018	5-40 yrs.
Ovation - Land	Office		31,063	—	—	—	31,063	—	31,063	—	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	—	3,663	—	13,514	13,514	8,883	1983	5-40 yrs.
Seaside Plaza	Office		3,893	29,541	—	8,753	3,893	38,294	42,187	7,498	1982	5-40 yrs.
Capital Plaza Two	Office		4,346	43,394	—	6,788	4,346	50,182	54,528	10,775	1999	5-40 yrs.
Capital Plaza One	Office		3,482	27,321	—	6,360	3,482	33,681	37,163	6,051	1975	5-40 yrs.
Landmark Center Two	Office		4,743	22,031	—	8,840	4,743	30,871	35,614	6,465	1985	5-40 yrs.
Landmark Center One	Office		6,207	22,655	—	10,389	6,207	33,044	39,251	6,691	1983	5-40 yrs.
300 South Orange	Office		3,490	56,079	—	9,333	3,490	65,412	68,902	10,721	2000	5-40 yrs.
Eola Centre	Office		3,758	11,160	—	7,654	3,758	18,814	22,572	2,881	1969	5-40 yrs.
Greensboro, NC
6348 Burnt Poplar Road	Industrial		724	2,900	—	327	724	3,227	3,951	1,982	1990	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	2019 Encumbrance	Land	Bldg & Improv	Land	Bldg & Improv	Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
6350 Burnt Poplar Road	Industrial		341	1,374	—	726	341	2,100	2,441	1,075	1992	5-40 yrs.
420 Gallimore Dairy Road	Office		379	1,516	—	1,136	379	2,652	3,031	1,445	1990	5-40 yrs.
418 Gallimore Dairy Road	Office		462	1,849	—	1,065	462	2,914	3,376	1,426	1986	5-40 yrs.
416 Gallimore Dairy Road	Office		322	1,293	—	647	322	1,940	2,262	1,002	1986	5-40 yrs.
7031 Albert Pick Road	Office		510	2,921	—	2,707	510	5,628	6,138	2,932	1986	5-40 yrs.
7029 Albert Pick Road	Office		739	3,237	—	1,603	739	4,840	5,579	2,771	1988	5-40 yrs.
7025 Albert Pick Road	Office		2,393	9,576	—	5,904	2,393	15,480	17,873	8,818	1990	5-40 yrs.
7027 Albert Pick Road	Office		850	—	699	5,375	1,549	5,375	6,924	2,630	1997	5-40 yrs.
7009 Albert Pick Road	Industrial		224	1,068	—	219	224	1,287	1,511	751	1990	5-40 yrs.
426 Gallimore Dairy Road	Office		465	—	380	1,508	845	1,508	2,353	632	1996	5-40 yrs.
422 Gallimore Dairy Road	Industrial		145	1,081	—	223	145	1,304	1,449	714	1990	5-40 yrs.
406 Gallimore Dairy Road	Office		265	—	270	896	535	896	1,431	425	1996	5-40 yrs.
7021 Albert Pick Road	Industrial		237	1,103	—	490	237	1,593	1,830	819	1985	5-40 yrs.
7019 Albert Pick Road	Industrial		192	946	—	163	192	1,109	1,301	655	1985	5-40 yrs.
7015 Albert Pick Road	Industrial		305	1,219	—	462	305	1,681	1,986	922	1985	5-40 yrs.
7017 Albert Pick Road	Industrial		225	928	—	409	225	1,337	1,562	810	1985	5-40 yrs.
7011 Albert Pick Road	Industrial		171	777	—	323	171	1,100	1,271	671	1990	5-40 yrs.
424 Gallimore Dairy Road	Office		271	—	239	1,045	510	1,045	1,555	553	1997	5-40 yrs.
410 Gallimore Dairy Road	Industrial		356	1,613	—	518	356	2,131	2,487	1,198	1985	5-40 yrs.
412 Gallimore Dairy Road	Industrial		374	1,523	—	533	374	2,056	2,430	1,257	1985	5-40 yrs.
408 Gallimore Dairy Road	Industrial		341	1,486	—	643	341	2,129	2,470	1,162	1986	5-40 yrs.
414 Gallimore Dairy Road	Industrial		659	2,676	—	939	659	3,615	4,274	2,187	1988	5-40 yrs.
237 Burgess Road	Industrial		860	2,919	—	1,282	860	4,201	5,061	2,221	1986	5-40 yrs.
235 Burgess Road	Industrial		1,302	4,392	—	1,462	1,302	5,854	7,156	3,238	1987	5-40 yrs.
241 Burgess Road	Industrial		450	1,517	—	717	450	2,234	2,684	1,174	1988	5-40 yrs.
243 Burgess Road	Industrial		452	1,514	—	530	452	2,044	2,496	1,120	1988	5-40 yrs.
496 Gallimore Dairy Road	Industrial		546	—	—	3,144	546	3,144	3,690	1,377	1998	5-40 yrs.
494 Gallimore Dairy Road	Industrial		749	—	—	3,124	749	3,124	3,873	1,481	1999	5-40 yrs.
486 Gallimore Dairy Road	Industrial		603	—	—	3,379	603	3,379	3,982	1,515	1999	5-40 yrs.
488 Gallimore Dairy Road	Industrial		499	—	—	2,367	499	2,367	2,866	1,124	1999	5-40 yrs.
490 Gallimore Dairy Road	Industrial		1,733	—	—	4,663	1,733	4,663	6,396	2,238	1999	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	2019 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv		Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
Brigham Road - Land	Industrial		7,059	—	(5,510	)	—		1,549	—	1,549	—	N/A	N/A
651 Brigham Road	Industrial		453	—	360		2,937		813	2,937	3,750	1,330	2002	5-40 yrs.
657 Brigham Road	Industrial		2,733	—	881		10,802		3,614	10,802	14,416	3,699	2006	5-40 yrs.
653 Brigham Road	Industrial		814	—	—		3,603		814	3,603	4,417	1,084	2007	5-40 yrs.
1501 Highwoods Boulevard	Office		1,476	—	—		9,208		1,476	9,208	10,684	3,779	2001	5-40 yrs.
Jefferson Pilot - Land	Office		11,759	—	(7,979	)	—		3,780	—	3,780	—	N/A	N/A
4200 Tudor Lane	Industrial		515	—	383		2,915		898	2,915	3,813	1,522	1996	5-40 yrs.
4224 Tudor Lane	Industrial		435	—	288		2,445		723	2,445	3,168	1,250	1996	5-40 yrs.
7023 Albert Pick Road	Office		834	3,459	—		1,155		834	4,614	5,448	2,736	1989	5-40 yrs.
1126 North Church Street	Office		2,734	9,129	—		1,333		2,734	10,462	13,196	2,094	2003	5-40 yrs.
1130 North Church Street	Office		2,376	5,451	—		(591	)	2,376	4,860	7,236	917	2007	5-40 yrs.
1132 North Church Street	Office		925	4,551	—		(362	)	925	4,189	5,114	843	2008	5-40 yrs.
628 Green Valley Road	Office		2,906	12,141	—		2,221		2,906	14,362	17,268	2,884	1998	5-40 yrs.
701 Green Valley Road	Office		3,787	7,719	—		2,115		3,787	9,834	13,621	2,137	1996	5-40 yrs.
661 Brigham Road	Industrial		890	5,512	—		413		890	5,925	6,815	636	2016	5-40 yrs.
655 Brigham Road	Industrial		899	6,538	—		229		899	6,767	7,666	547	2017	5-40 yrs.
Pittsburgh, PA
One PPG Place	Office		9,819	107,643	—		49,010		9,819	156,653	166,472	44,985	1983-1985	5-40 yrs.
Two PPG Place	Office		2,302	10,978	—		9,873		2,302	20,851	23,153	4,678	1983-1985	5-40 yrs.
Three PPG Place	Office		501	2,923	—		4,635		501	7,558	8,059	2,308	1983-1985	5-40 yrs.
Four PPG Place	Office		620	3,239	—		2,958		620	6,197	6,817	1,863	1983-1985	5-40 yrs.
Five PPG Place	Office		803	4,924	—		3,002		803	7,926	8,729	2,424	1983-1985	5-40 yrs.
Six PPG Place	Office		3,353	25,602	—		15,048		3,353	40,650	44,003	9,730	1983-1985	5-40 yrs.
EQT Plaza	Office		16,457	83,812	—		12,399		16,457	96,211	112,668	21,907	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	—		3,737		—	14,731	14,731	8,361	1986	5-40 yrs.
3737 Glenwood Avenue	Office		—	—	318		16,512		318	16,512	16,830	8,022	1999	5-40 yrs.
4800 North Park	Office		2,678	17,630	—		7,984		2,678	25,614	28,292	15,194	1985	5-40 yrs.
5000 North Park	Office		1,010	4,612	(49	)	2,901		961	7,513	8,474	3,939	1980	5-40 yrs.
801 Raleigh Corporate Center	Office		828	—	272		11,549		1,100	11,549	12,649	4,538	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	2019 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv		Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
2500 Blue Ridge Road	Office		722	4,606	—		1,527		722	6,133	6,855	3,625	1982	5-40 yrs.
2418 Blue Ridge Road	Office		462	1,410	—		1,295		462	2,705	3,167	1,492	1988	5-40 yrs.
Cape Fear	Office		131	1,630	(2	)	(908	)	129	722	851	413	1979	5-40 yrs.
Catawba	Office		125	1,635	(2	)	(1,417	)	123	218	341	156	1980	5-40 yrs.
2000 CentreGreen	Office		1,529	—	(391	)	11,829		1,138	11,829	12,967	5,600	2000	5-40 yrs.
4000 CentreGreen	Office		1,653	—	(389	)	10,563		1,264	10,563	11,827	4,716	2001	5-40 yrs.
5000 CentreGreen	Office		1,291	34,572	—		2,861		1,291	37,433	38,724	3,201	2017	5-40 yrs.
3000 CentreGreen	Office		1,779	—	(397	)	13,965		1,382	13,965	15,347	4,464	2002	5-40 yrs.
1000 CentreGreen	Office		1,280	—	55		11,185		1,335	11,185	12,520	3,208	2008	5-40 yrs.
Cottonwood	Office		609	3,244	—		433		609	3,677	4,286	2,325	1983	5-40 yrs.
GlenLake - Land	Office		13,003	—	(9,924	)	114		3,079	114	3,193	53	N/A	5-40 yrs.
GlenLake One	Office		924	—	1,324		22,697		2,248	22,697	24,945	9,344	2002	5-40 yrs.
GlenLake Four	Office		1,659	—	493		19,967		2,152	19,967	22,119	6,708	2006	5-40 yrs.
GlenLake Six	Office		941	—	(365	)	20,166		576	20,166	20,742	6,057	2008	5-40 yrs.
701 Raleigh Corporate Center	Office		1,304	—	540		15,994		1,844	15,994	17,838	8,025	1996	5-40 yrs.
Highwoods Centre	Office		531	—	(267	)	8,035		264	8,035	8,299	4,094	1998	5-40 yrs.
Inveresk Parcel 2 - Land	Office		657	—	38		103		695	103	798	11	N/A	5-40 yrs.
4201 Lake Boone Trail	Office		1,450	6,311	—		786		1,450	7,097	8,547	1,769	1998	5-40 yrs.
4620 Creekstone Drive	Office		149	—	107		3,141		256	3,141	3,397	1,416	2001	5-40 yrs.
4825 Creekstone Drive	Office		398	—	293		10,445		691	10,445	11,136	4,984	1999	5-40 yrs.
Pamlico	Office		289	—	—		8,741		289	8,741	9,030	6,893	1980	5-40 yrs.
Progress Center Renovation	Office		—	—	—		3		—	3	3	3	2003	5-40 yrs.
751 Corporate Center	Office		2,665	16,939	—		—		2,665	16,939	19,604	1,027	2018	5-40 yrs.
PNC Plaza	Office		1,206	—	—		70,353		1,206	70,353	71,559	22,364	2008	5-40 yrs.
4301 Lake Boone Trail	Office		878	3,730	—		2,427		878	6,157	7,035	3,712	1990	5-40 yrs.
4207 Lake Boone Trail	Office		362	1,818	—		1,421		362	3,239	3,601	1,968	1993	5-40 yrs.
2301 Rexwoods Drive	Office		919	2,816	—		1,649		919	4,465	5,384	2,536	1992	5-40 yrs.
4325 Lake Boone Trail	Office		586	—	—		4,781		586	4,781	5,367	2,437	1995	5-40 yrs.
2300 Rexwoods Drive	Office		1,301	—	184		6,533		1,485	6,533	8,018	3,774	1998	5-40 yrs.
4709 Creekstone Drive	Office		469	4,038	23		5,302		492	9,340	9,832	2,750	1987	5-40 yrs.
4700 Six Forks Road	Office		666	2,665	—		1,505		666	4,170	4,836	2,514	1982	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	2019 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv		Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
4700 Homewood Court	Office		1,086	4,533	—		2,080		1,086	6,613	7,699	3,776	1983	5-40 yrs.
4800 Six Forks Road	Office		862	4,411	—		2,901		862	7,312	8,174	4,156	1987	5-40 yrs.
Smoketree Tower	Office		2,353	11,743	—		7,119		2,353	18,862	21,215	10,579	1984	5-40 yrs.
4601 Creekstone Drive	Office		255	—	217		6,186		472	6,186	6,658	3,332	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		6,175		726	6,175	6,901	3,439	1995	5-40 yrs.
11000 Weston Parkway	Office		2,651	18,850	—		8,852		2,651	27,702	30,353	4,131	1998	5-40 yrs.
GlenLake Five	Office		2,263	30,264	—		3,654		2,263	33,918	36,181	7,015	2014	5-40 yrs.
11800 Weston Parkway	Office		826	13,188	—		21		826	13,209	14,035	2,343	2014	5-40 yrs.
CentreGreen Café	Office		41	3,509	—		(2	)	41	3,507	3,548	446	2014	5-40 yrs.
CentreGreen Fitness Center	Office		27	2,322	—		(1	)	27	2,321	2,348	295	2014	5-40 yrs.
One City Plaza	Office		11,288	68,375	—		26,949		11,288	95,324	106,612	16,622	1986	5-40 yrs.
Edison - Land	Office		5,984	—	2,248		—		8,232	—	8,232	—	N/A	N/A
Charter Square	Office		7,267	65,881	—		4,868		7,267	70,749	78,016	7,696	2015	5-40 yrs.
MetLife Global Technology Campus	Office		17,044	88,137	4,536		61,752		21,580	149,889	171,469	14,810	2015	5-40 yrs.
Hargett - Land	Office		—	—	6,582		—		6,582	—	6,582	—	N/A	N/A
Other Property	Other		32,075	40,392	(23,161	)	10,466		8,914	50,858	59,772	28,224	N/A	5-40 yrs.
Richmond, VA
4900 Cox Road	Office		1,324	5,311	15		3,650		1,339	8,961	10,300	5,062	1991	5-40 yrs.
Colonnade Building	Office		1,364	6,105	—		2,488		1,364	8,593	9,957	3,612	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		(424	)	1,749	12,875	14,624	5,876	1999	5-40 yrs.
Hamilton Beach	Office		1,086	4,345	10		2,781		1,096	7,126	8,222	3,554	1986	5-40 yrs.
Highwoods Commons	Office		521	—	458		4,493		979	4,493	5,472	2,080	1999	5-40 yrs.
Highwoods One	Office		1,688	—	22		14,117		1,710	14,117	15,827	6,815	1996	5-40 yrs.
Highwoods Two	Office		786	—	226		9,684		1,012	9,684	10,696	3,447	1997	5-40 yrs.
Highwoods Five	Office		783	—	11		7,505		794	7,505	8,299	3,429	1998	5-40 yrs.
Highwoods Plaza	Office		909	—	187		5,732		1,096	5,732	6,828	2,729	2000	5-40 yrs.
Innslake Center	Office		845	—	195		7,770		1,040	7,770	8,810	3,143	2001	5-40 yrs.
Highwoods Centre	Office		1,205	4,825	—		1,488		1,205	6,313	7,518	3,440	1990	5-40 yrs.
Markel 4501	Office		1,300	13,259	213		(3,652	)	1,513	9,607	11,120	3,710	1998	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	2019 Encumbrance	Land	Bldg & Improv	Land		Bldg & Improv		Land	Bldg & Improv	Total Assets (1)	Accumulated Depreciation	Date of Construction	Life on Which Depreciation is Calculated
4600 Cox Road	Office		1,700	17,081	169		(3,456	)	1,869	13,625	15,494	5,144	1989	5-40 yrs.
North Park	Office		2,163	8,659	6		3,039		2,169	11,698	13,867	6,575	1989	5-40 yrs.
North Shore Commons I	Office		951	—	17		12,607		968	12,607	13,575	5,969	2002	5-40 yrs.
North Shore Commons II	Office		2,067	—	(89	)	10,812		1,978	10,812	12,790	3,549	2007	5-40 yrs.
North Shore Commons C - Land	Office		1,497	—	15		4		1,512	4	1,516	—	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		20,736		356	20,736	21,092	9,470	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		2,221		1,621	11,085	12,706	4,968	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		11,925		2,276	11,925	14,201	3,867	2005	5-40 yrs.
Stony Point VI (Virginia Urology)	Office		1,925	25,868	—		—		1,925	25,868	27,793	1,177	2018	5-40 yrs.
Stony Point I	Office		1,384	11,630	(267	)	4,300		1,117	15,930	17,047	8,031	1990	5-40 yrs.
Stony Point II	Office		1,240	—	103		12,888		1,343	12,888	14,231	6,121	1999	5-40 yrs.
Stony Point III	Office		995	—	—		10,685		995	10,685	11,680	4,891	2002	5-40 yrs.
Stony Point IV	Office		955	—	—		11,900		955	11,900	12,855	3,966	2006	5-40 yrs.
Virginia Mutual	Office		1,301	6,036	15		1,576		1,316	7,612	8,928	3,801	1996	5-40 yrs.
Waterfront Plaza	Office		585	2,347	8		2,218		593	4,565	5,158	1,930	1988	5-40 yrs.
Innsbrook Centre	Office		914	8,249	—		1,090		914	9,339	10,253	3,828	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	—		6,586		2,673	23,056	25,729	6,733	1989	5-40 yrs.
Bayshore Place	Office		2,276	11,817	—		3,634		2,276	15,451	17,727	6,667	1990	5-40 yrs.
5525 Gray Street	Office		4,054	—	406		28,339		4,460	28,339	32,799	12,783	2005	5-40 yrs.
Highwoods Preserve Building V	Office		881	—	—		22,651		881	22,651	23,532	10,465	2001	5-40 yrs.
Highwoods Bay Center I	Office		3,565	—	(64	)	37,682		3,501	37,682	41,183	11,112	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	3,994	2007	5-40 yrs.
HIW Preserve VII Garage	Office		—	—	—		6,818		—	6,818	6,818	2,193	2007	5-40 yrs.
Horizon	Office		—	6,257	—		3,833		—	10,090	10,090	5,115	1980	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	2019 Encumbrance	Land		Bldg & Improv		Land		Bldg & Improv		Land		Bldg & Improv		Total Assets (1)		Accumulated Depreciation		Date of Construction	Life on Which Depreciation is Calculated
LakePointe One	Office		2,106		89		—		41,019		2,106		41,108		43,214		22,270		1986	5-40 yrs.
LakePointe Two	Office		2,000		15,848		672		15,376		2,672		31,224		33,896		15,604		1999	5-40 yrs.
Lakeside	Office		—		7,369		—		7,168		—		14,537		14,537		6,731		1978	5-40 yrs.
Lakeside/Parkside Garage	Office		—		—		—		5,636		—		5,636		5,636		2,213		2004	5-40 yrs.
One Harbour Place	Office		2,016		25,252		—		14,672		2,016		39,924		41,940		16,623		1985	5-40 yrs.
Parkside	Office		—		9,407		—		1,805		—		11,212		11,212		5,680		1979	5-40 yrs.
Pavilion	Office		—		16,394		—		5,673		—		22,067		22,067		11,582		1982	5-40 yrs.
Pavilion Parking Garage	Office		—		—		—		5,790		—		5,790		5,790		2,884		1999	5-40 yrs.
Spectrum	Office		1,454		14,502		—		3,197		1,454		17,699		19,153		9,374		1984	5-40 yrs.
Tower Place	Office		3,218		19,898		—		5,297		3,218		25,195		28,413		13,533		1988	5-40 yrs.
Westshore Square	Office		1,126		5,186		—		1,532		1,126		6,718		7,844		3,403		1976	5-40 yrs.
Independence Park - Land	Office		4,943		—		5,027		2,227		9,970		2,227		12,197		158		N/A	5-40 yrs.
Independence One	Office		2,531		4,526		—		5,651		2,531		10,177		12,708		4,497		1983	5-40 yrs.
Meridian One	Office		1,849		22,363		—		3,462		1,849		25,825		27,674		5,716		1984	5-40 yrs.
Meridian Two	Office		1,302		19,588		—		4,483		1,302		24,071		25,373		5,377		1986	5-40 yrs.
5332 Avion Park	Office		—		—		6,310		32,444		6,310		32,444		38,754		3,099		2016	5-40 yrs.
Suntrust Financial Centre	Office		1,980		102,138		—		22,917		1,980		125,055		127,035		17,025		1992	5-40 yrs.
Suntrust Financial - Land	Office		2,225		—		—		—		2,225		—		2,225		—		N/A	N/A
			$	613,041	$	3,004,028	$	6,032	$	2,153,703	$	619,073	$	5,157,731	$	5,776,804	$	1,405,341

__________

(1)

The cost basis for income tax purposes of aggregate land and buildings and tenant improvements as of December 31, 2019 is $5.5 billion. This amount excludes approximately $370.8 million of cost basis attributable to a property held in a variable interest entity at December 31, 2019 to facilitate a potential 1031 exchange.