| Business Summary | | Highwoods
Properties,
Inc.
is
a
self-administered
and
self-managed
equity
real
estate
investment
trust.
The
Company
is
an
owner
and
operator
of
suburban
office,
industrial
and
retail
properties
in
the
southeastern
and
midwestern
United
States.
As
of
December
31,
2000,
the
Company
owned
493
in-service
office,
industrial
and
retail
properties,
encompassing
approximately
36.2
million
rentable
square
feet
and
1,885
apartment
units;
owned
an
interest
(50%
or
less)
in
65
in-service
office
and
industrial
properties,
encompassing
approximately
6.2
million
rentable
square
feet
and
418
apartment
units;
owned
1,317
acres
of
undeveloped
land
suitable
for
future
development;
and
was
developing
an
additional
33
properties,
which
will
encompass
approximately
3.9
million
rentable
square
feet
(including
seven
properties
encompassing
1.1
million
rentable
square
feet
that
the
Company
is
developing
with
its
joint
venture
partners). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Highwoods
Properties,
Inc.
is
a
self-administered
and
self-managed
real
estate
investment
trust
specializing
in
the
development,
management,
and
leasing
of
office
buildings
in
the
United
States.
For
the
six
months
ended
6/30/01,
total
revenues
fell
5%
to
$272.8
million.
Net
income
before
extraordinary
item
applicable
to
Common
rose
56%
to
$59
million.
Results
reflect
lower
rental
income
due
to
the
sale
of
certain
properties,
offset
by
higher
asset
sale
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| O. Temple Sloan, Jr., 61 Chairman | -- | Ronald Gibson, 55 Pres,
CEO, Director | $519K | John Turner, 53 Vice
Chairman, CIO | 367K | Edward Fritsch, 41 Exec.
VP, COO, Sec. | 402K | Gene Anderson, 54 Sr.
VP, Director | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|