Raleigh, Nc was Highwoods Properties’s largest segment in fiscal 2025, bringing in $180.74M of $806.11M (22%).
| Segment | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Office Total | — | — | — | — | |||||||||
| Raleigh, Nc | $182.99M | $181.96M | $173.16M | $180.74M | |||||||||
| Nashville, Tn | $174.34M | $171.80M | $169.16M | $156.60M | |||||||||
| Atlanta, Ga | $143.90M | $143.74M | $146.17M | $144.96M | |||||||||
| Office Atlanta, Ga | — | — | — | — | |||||||||
| Office Raleigh, Nc | — | — | — | — | |||||||||
| Office Nashville, Tn | — | — | — | — | |||||||||
| Tampa, Fl | $94.73M | $99.42M | $98.89M | $88.04M | |||||||||
| Office Tampa, Fl | — | — | — | — | |||||||||
| Charlotte, Nc | $73.72M | $85.98M | $88.00M | $93.39M | |||||||||
| Office Pittsburgh, Pa | — | — | — | — | |||||||||
| Orlando, Fl | $54.80M | $58.00M | $58.44M | $57.13M | |||||||||
| Other | $61.36M | $57.17M | $56.78M | $49.06M | |||||||||
| Total Corporate | — | — | — | — | |||||||||
| Office Richmond, Va | — | — | — | — | |||||||||
| Office Memphis, Tn | — | — | — | — | |||||||||
| Office Orlando, Fl | — | — | — | — | |||||||||
| Richmond, Va | $43.08M | $35.92M | $35.27M | $36.19M | |||||||||
| Office Charlotte, Nc | — | — | — | — | |||||||||
| Office Greensboro, Nc | — | — | — | — | |||||||||
| Office Greenville, Sc | — | — | — | — | |||||||||
| Total | $828.93M | $834.00M | $825.86M | $806.11M |
Highwoods Properties brought in $806.11M from its eight segments in fiscal 2025, the year ended December 31, 2025. That was down 2.4% from $825.86M in fiscal 2024. Raleigh, Nc was the largest at $180.74M (22.4%), ahead of Nashville, Tn at $156.60M (19.4%) and Atlanta, Ga at $144.96M (18.0%). The other five segments brought in $323.82M combined.
Compared with fiscal 2024, Charlotte, Nc grew fastest, up 6.1% to $93.39M, while Other fell the most, down 13.6% to $49.06M. From fiscal 2022 to 2025, combined revenue from these segments fell from $828.93M to $806.11M, a compound annual decline of 0.9%. Raleigh, Nc's share held steady at about 22.4%.
Highwoods Properties (HIW) reports its revenue by segment. In fiscal 2025, Raleigh, Nc was its largest segment, bringing in $180.74M (22.4% of the total), followed by Nashville, Tn at $156.60M (19.4%).
Raleigh, Nc was Highwoods Properties' largest segment in fiscal 2025, bringing in $180.74M, or 22.4% of the $806.11M total across its eight segments.
Among Highwoods Properties' segments that make up at least 2% of revenue, Charlotte, Nc grew fastest in fiscal 2025, up 6.1% from $88.00M to $93.39M.
Every figure comes from Highwoods Properties' annual financial filings, as reported. Each line keeps the name Highwoods Properties gives it, and years follow its fiscal calendar.
Highwoods Properties' revenue by segment goes back to fiscal 2013, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.