HIGHWOODS PROPERTIES ANNOUNCES INTENDED COMBINATION WITH FORSYTH PROPERTIES AND RESEARCH COMMONS ACQUISITION

PR Newswire | January 10, 1995 | Copyright

RALEIGH, N.C. Jan. 10 /PRNewswire/ -- Highwoods Properties, Inc. (NYSE: HIW) ("Highwoods"), has entered into an agreement with Forsyth Properties, Inc., and its affiliates ("Forsyth"), in which Highwoods and Forsyth will combine their property portfolios, management teams and business operations. Forsyth has been involved in office and industrial development, management and brokerage in the Greensboro, Winston-Salem and Charlotte markets for over 15 years. Through the combination with Forsyth, Highwoods will succeed to the ownership of 20 suburban office buildings, 36 ...

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