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Highwoods To Buy Sun Belt Office Portfolio in $718 Million Deal

Preferred Apartment Communities Agrees To Sell Seven Properties, Loan to North Carolina REIT
Highwoods Properties has agreed to buy a portfolio of office properties from Preferred Apartment Communities that includes 150 Fayetteville in Raleigh, North Carolina. (CoStar)
Highwoods Properties has agreed to buy a portfolio of office properties from Preferred Apartment Communities that includes 150 Fayetteville in Raleigh, North Carolina. (CoStar)
CoStar News
April 19, 2021 | 5:31 P.M.

Highwoods Properties, one of the largest office real estate investment trusts in the Sun Belt, agreed to buy seven properties in North Carolina and Georgia in a major deal that gives the REIT a larger presence in three growing Southern cities.

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News | Highwoods To Buy Sun Belt Office Portfolio in $718 Million Deal