Friday, December 08, 2006

Highwoods Sells 3 Parks for $16.5M in Greensboro/Winston-Salem - CoStar Group

The Southeast's largest developer and owner of commercial real estate announces new activity on Greensboro. The REIT has sold 3 flex buildings at just under $42 per SF. They will plow $5.5M of the proceeds right back in to the area in the form of 120,000SF distribution facility.

Ed Fritsch sites the Dell and FedEx facilities as positive signs in the region.

Read the presser: Highwoods Sells 3 Parks for $16.5M in Greensboro/Winston-Salem - CoStar Group

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