Highwoods Sells Bridgestone Tower in CBD Nashville
Highwoods Properties, Inc., a publicly-traded office REIT, announced the sale of Bridgestone Tower in downtown Nashville for $255 million. The fully leased 513,000 sq ft property is expected to generate approximately $17 million in annual net operating income in 2026. The company anticipates recognizing a non-FFO gain of around $75 million in Q2 20…