The anticipated closing of Highwoods Properties' acquisition of a high-profile North Carolina tower has sprinted past the finish line, the latest signal that institutional investors and landlords have returned to the capital markets as optimism over the national office market's recovery continues to build.
Highwoods Properties closes its largest post-pandemic deal to date
Sun Belt-focused landlord acquires North Carolina's fully leased Advance Auto Parts building for nearly $140 million
By Katie Burke
CoStar News
March 18, 2025 | 10:01 P.M.
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IN THIS ARTICLE
- Properties
- Advance Auto Parts Tower
4200 Six Forks Rd, Raleigh, NC
- Companies
- Highwoods Properties, Inc.
Real Estate