Highwoods Properties, Inc. reported that its buildings in Florida, Georgia, North Carolina, and Tennessee sustained no notable damage following thorough assessments after Hurricane Helene. This assessment was completed by September 30, 2024, confirming the resilience of its properties in affected regions.
The company further confirmed on October 14, 2024, that its Florida properties also did not sustain any notable damage from Hurricane Milton. President and CEO Ted Klinck acknowledged the efforts of the Highwoods team in preparing for the storms.
The absence of significant damage from both hurricanes indicates the robustness of Highwoods' portfolio and its operational preparedness. This outcome helps avoid unexpected repair costs and potential business interruptions, ensuring continuity for its customers.
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