Highwoods Properties, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, disclosing consolidated financial statements and operational results for the three and nine months ended on that date.

Key Highlights

  • Total assets of $6,447,215 thousand as of September 30, 2026, up from $6,273,838 thousand at December 31, 2025, according to the filing.
  • Cash and cash equivalents rose to $279,205 thousand at September 30, 2026, compared to $27,358 thousand at December 31, 2025.
  • Net real estate assets were reported at $5,080,000 thousand as of September 30, 2026, versus $5,071,995 thousand at year-end 2025.
  • Mortgages and notes payable, net, declined to $3,511,810 thousand from $3,554,178 thousand at December 31, 2025.
  • Investments in unconsolidated affiliates decreased to $354,368 thousand from $471,580 thousand at December 31, 2025.
  • Shares outstanding totaled 110,315,322 as of October 20, 2026, per the filing.
  • Series A Preferred Shares outstanding were 26,631 shares at September 30, 2026, carrying an 8.625% cumulative redeemable rate and a liquidation preference of $1,000 per share.

Highwoods Properties Q3 2026: Financial Position and Key Balance Sheet Changes

Highwoods Properties, Inc. (NYSE:HIW), a Maryland-incorporated real estate investment trust, filed its combined Form 10-Q for the quarterly period ended September 30, 2026, covering both the Company and its subsidiary, Highwoods Realty Limited Partnership. The filing presents unaudited condensed consolidated financial statements alongside management's discussion and analysis. The Company had 110,315,322 shares of Common Stock outstanding as of October 20, 2026, according to the filing.

The consolidated balance sheet shows total assets of $6,447,215 thousand at September 30, 2026, an increase from $6,273,838 thousand at December 31, 2025. The most notable driver of this change, as disclosed in the filing, was a sharp increase in cash and cash equivalents, from $27,358 thousand at year-end 2025 to $279,205 thousand at the close of the third quarter. Deferred leasing costs also increased to $280,906 thousand from $244,258 thousand, while investments in and advances to unconsolidated affiliates fell to $354,368 thousand from $471,580 thousand. Accrued straight-line rents receivable declined to $312,772 thousand from $318,024 thousand.

On the liabilities side, the filing reports total liabilities of $3,822,236 thousand at September 30, 2026, down from $3,838,184 thousand at December 31, 2025. Mortgages and notes payable, net, declined to $3,511,810 thousand. Total real estate assets at cost were $7,004,818 thousand before accumulated depreciation of $1,924,818 thousand. Noncontrolling interests in the Operating Partnership stood at $58,541 thousand, compared to $52,777 thousand at year-end 2025. The filing notes that the Company's activities are conducted through the Operating Partnership, of which the Company is the sole general partner.

What Was Disclosed

Highwoods Properties filed a combined Form 10-Q for the quarter ended September 30, 2026, reporting consolidated balance sheet data for both the Company and the Operating Partnership, including total assets of $6,447,215 thousand and cash and cash equivalents of $279,205 thousand as of that date.