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Highwoods Properties, Inc. (HIW) Q3 2023 Earnings Call Transcript

Highwoods Properties, Inc. (HIW) Q3 2023 Earnings Call Transcript


Highwoods Properties, Inc. (NYSE:HIW) Q3 2023 Results Conference Call October 25, 2023 11:00 AM ET

Company Participants

Brendan Maiorana – CFO

Ted Klinck – CEO

Brian Leary – COO

Hannah True – Manager of Finance and Corporate Strategy

Conference Call Participants

Camille Bonnel – Bank of America

Avery Tiras – Citi

Yang Ku – Wells Fargo

Robert Stevenson – Janney

Georgi Dinkov – Mizuho

Dylan Burzinski – Green Street

Peter Abramowitz – Jefferies

Operator

Hello, and welcome to the Highwoods Q3 2023 Earnings Call. My name is Alex. I’ll be coordinating the call today. (Operator Instructions)

I’ll now hand over to your host Brendan Maiorana, CFO, to begin. Please go ahead.

Brendan Maiorana

Thank you, operator, and good morning, everyone. Joining me on the call this morning are Ted Klinck, our Chief Executive Officer; and Brian Leary, our Chief Operating Officer; Hannah True, our Manager of Finance and Corporate Strategy is under the weather.

For your convenience, today’s prepared remarks have been posted on the web. If you have not received yesterday’s earnings release or supplemental, they’re both available on the Investors section of our website at highwoods.com.

On today’s call, our review will include non-GAAP measures such as FFO, NOI and EBITDAre. The release and supplemental include a reconciliation of these non-GAAP measures to the most directly comparable GAAP financial measures. Forward-looking statements made during today’s call are subject to risks and uncertainties. These risks and uncertainties are discussed at length in our press releases as well as our SEC filings. As you know, actual events and results can differ materially from these forward-looking statements and the Company does not undertake a duty to update any forward-looking statements.

With that, I’ll turn the call over to Ted.

Ted Klinck

Thanks, Brendan, and good morning, everyone. During the third quarter, we once again had solid



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