NYSE: HIW | 3Q 2015

D E V E L O P M E N T | A C Q U I S I T I O N | L E A S I N G | A S S E T M A N A G E M E N T

At-A-Glance

Monarch Tower, Atlanta

2

By Market

By Customer

Federal Government 5.5

MetLife 2.3

PPG Industries 1.4

HCA Corporation 1.2

EQT Corporation 1.2

International Paper 1.1

Healthways 1.0

Bass, Berry & Sims 1.0

State of Georgia 1.0

Lockton Companies 0.9

%

Diversifi cation(% of Annualized Revenue)

18

19

20

21

22

23

24

9/30/11

20.85 20.72

21.36

22.08

23.36

$

9/30/12 9/30/13 9/30/14 9/30/15

Average Offi ce Cash Rental Rates forAll In-Place Leases as of:

Operations

Earned FFO of $0.78 per share, excluding one penny per share

of acquisition costs

Grew same property cash NOI by 6.3% YOY

Increased YOY occupancy 160 bps (from 91.0% to 92.6%)

Leasing Activity

Garnered net eff ective rents on second gen leases signed of

$14.46 per SF, 6.3% above the prior fi ve-quarter average

Grew average in-place offi ce cash rents per SF by 5.8% YOY

Achieved GAAP rent growth of +9.6% on second generation

offi ce leases signed

Investment Activity

Acquired Monarch Tower, a 25-story, 528,000 SF offi ce building,

and Monarch Plaza, a 15-story, 368,000 SF offi ce building,

in Buckhead Atlanta for a total investment of $303M, a 20%

discount to replacement cost

Acquired SunTrust Financial Centre, a 35-story, 528,000 SF

offi ce building, in CBD Tampa for a total investment of $124M,

a 40% discount to replacement cost

Listed substantially all of its wholly-owned Country Club Plaza

assets for sale

Financing Activity

Obtained a six-month, unsecured bridge facility for $350M at an

interest rate of LIBOR plus 110 bps

Issued 1.2M shares of common stock through its ATM program,

raising net proceeds of $49.7M, and ended the quarter with

leverage of 45.1%

3Q 2015

HIGHLIGHTS

Top 10 16.6

Raleigh16%

Atlanta18%

Nashville14%Tampa

12%

Kansas City8%

Memphis7%

Pittsburgh8%

Richmond6%

Greensboro5%

Orlando6%

3

DEVELOPMENT2015 DEVELOPMENT GUIDANCE

$200 – $250M

Cash Rent Commencement

Investment($M) SF Pre-Leased % 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18

MetLife I 53 213,500 100

Biologics HQ 15 75,000 100

MetLife II 57 213,500 100

GlenLake Five 37 166,000 84

Plaza 211 (Retail) 17 28,000 0

Enterprise V (Industrial) 7.6 131,000 0

Laser Spine Institute HQ 56 176,000 100

Seven Springs West (AIG) 59 203,000 86

Bridgestone Americas HQ 200 514,000 99

Riverwood 200 107 299,000 66

Seven Springs II 38 131.000 0

Totals $645.6 2,150,000 75%

$107MRiverwood 200

Atlanta

299K SF

66% pre-leased

$200MBridgestone Americas HQ

Nashville

514K SF

99% pre-leased

$59MSeven Springs WestAIG

Nashville

203K SF

86% pre-leased

$38MSeven Springs II

Nashville

131K SF

43% pre-leased

$37MGlenLake Five

Raleigh

166K SF

84% leased

$15MBiologics HQ

Raleigh

75K SF

100% leased

$56MLaser Spine Institute HQ

Tampa

176K SF

100% pre-leased

$17MPlaza 211 (Redevelopment)

Kansas City

28K SF

0% pre-leased

$7.6MEnterprise V (Industrial)

Triad

131K SF

0% pre-leased

Delivered 1Q15Stabilizes 2Q17

$110MMetLife I & II

Raleigh

427K SF

100% leased Delivered & Stabilized 1Q15/2Q15

Delivered & Stabilized 1Q15

$522M 76% Pre-leased 1.6M SF 5 Markets 7 BuildingsPipeline

Chart above represents 8.4M SF of acquisitions.

We have captured 638K SF (7.6%) of value add lease-up.

There is another 375K SF (4.7%) yet to be captured!

4

80 85 90 95 100

Potential

Achieved

At Acq

Known Move-Outs

Riverwood 100

PPG Place

Two Alliance Center

EQT

Meridian I & II

One Alliance Center

CBD Orlando (5)

GlenLake Atlanta (2)

Pinnacle at Symphony Place

One Bank of America Plaza

Lincoln Plaza

SunTrust Financial Centre

Monarch Tower

Monarch Plaza

% 7570

$99.2MEQT PlazaPittsburgh

$147MTwo Alliance CenterAtlanta

$214.1MPPG Place (6 bldgs)Pittsburgh

$86.3MRiverwood 100Atlanta

2011 2012

VALUE-ADD ACQUISITIONS

Occupancy Achieved(as of 9/30/15)

Occupancy Potential

Known Move-Outs

( ) Denotes # of bldgs

$153MPinnacle at Symphony PlaceNashville

$92MOne Bank of America PlazaRaleigh

$68MLincoln PlazaOrlando

$46.0MGlenlake North & South (2 bldgs)JV Partner’s Share (57%)Atlanta

$118MCBD Orlando (5 bldgs)JV Partner’s Share (60%)Orlando

$143.4MOne Alliance CenterAtlanta

$56MMeridian I & II (2 bldgs)Tampa

5

2013 2014 2015

Known Move-Outs

2015 ACQUISITION GUIDANCE

$449M

HighwoodtizingShock ‘n Awe | BI CapEx | Brand Trigger | Highwoods Standard

$124MSunTrust Financial CentreCBD Tampa 40% below replacement cost 77% occupancy

(with known near-term moveouts)

$303MMonarch Centre (2 bldgs)Buckhead Atlanta 20% below replacement cost 80% occupancy

(with known near-term moveouts)

6

Sound Maturity Ladder(As of September 30, 2015)

45.1% Debt + Preferreds as % of Gross Assets

6.2x Debt to Annualized EBITDA

85.6% Unencumbered NOI

5.6% Secured Debt as % of Gross Assets

Investment Grade Ratings

* This outlook does not include any effects related to the planned disposition of substantially all of the Company’s wholly-owned Country Club Plaza assets, except for anticipated severance costs required to be accrued in the fourth quarter due to the Company’s intent to close its Kansas City division office upon such sale. The Company expects to close on the disposition of Country Club Plaza assets no later than early 2016.

Low High

FFO per Share $3.05 $3.08

Same Property Cash NOI Growth 6.5% 6.8%

Straight-Line Rental Income $22M $23M

G&A Expenses $40.5M $41.5M

Acquisitions $449M $449M

Development Announcements $200M $250M

Dispositions $39M $39M

Year-End Occupancy 92.8% 93.3%

Weighted Average Fully Diluted Shares Outstanding 97.3M 97.5M

2015 Outlook*(Assumptions as of October 28, 2015)

FFO Growth: 7.9% YOY Increase at Midpoint (Backing Out 7¢ Land Sale Gain in 2014)

Strong Balance Sheet (9/30/15)

Joint Ventures 2005 2015* Reduction

Buildings 70 11 -85%

SF 7.3M 1.3M -83%

% of Annualized Revenue 10.2% 1.2% -88%

Streamlines leasing process Enhances unencumbered pool Removes JV partner credit risk Reduces G&A expense

War on Complexity

0

100

200

300

400

500

600

700

Yr '23Yr '22Yr '21Yr '20Yr '19Yr '18Yr '17Yr '16Yr '15

500

600

700

0

100

400

300

200

$ Millions

Average Interest Rate

Baa2 BBB BBB

2015 2016 2017 2018 2019 2020 2021 2022 2023

$112

$380Bonds

$132Secured

$265LOC

$200Bank Loan

Floating

$200Bonds

$298Bonds

$350Bank Loan

Fixed /Floating

$248Bonds$0$39

3.52%

5.48%

7.50%

1.34%

3.75%3.36%

2.25%

FINANCIALS

*Pro Forma

$250 Bank Loan Floating

$112

7

Development Fishin’

Kansas City Portfolio

*Excludes JV NOI

**Includes two wholly-owned buildings (~150K SF), with $1.8M annual NOI, not included in Eastdil off ering.

Marketing Milestones

Email Teaser published 10/15/15

Off ering Memorandum published 10/28/15

Closing no later than early 2016

IN OTHER NEWS

The Off ering SF

Plaza Retail 804K

Plaza Offi ce 205K

Valencia Tower 263K

Other Wholly-Owned Assets SF

Park Plaza 82K

Two Emanuel Cleaver 67K

Assets Joint Venture Assets (% = HIW Interst) SF

Plaza Colonnade (50%) 292K

Plaza West (12.5%) 262K

Kessinger Hunter (26.5%) Brokerage Firm

2014 10K (page 111) NOI*

Retail 23.7M

Offi ce** 10.8M