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Highwoods Properties announces up to ~$300M equity distribution agreements
Highwoods Properties (NYSE:HIW) has announced that it entered into equity distribution agreements to sell up to $300 million of its common stock. The at-the-market offerings will be made through agents including Wells Fargo, BofA Securities, and J.P. Morgan. The company intends to use the net proceeds for general corporate purposes, including funding development, repaying debt, and potentially funding acquisitions.