Want to see HIW full AI Analyst Report?
Occupancy Rate
Shows the share of rentable space currently leased across the portfolio, a direct indicator of rental income stability and market demand. Higher occupancy supports cash flow and rent pricing power; rising vacancy can signal weakening demand or competitive pressure.Occupancy has steadily slipped since 2022, but management’s leasing activity masks a timing story: leased rates and development leasing are strong, yet a large leased‑vs‑occupied gap means much of the upside is delayed. If Highwoods converts the roughly 1.2M sqft of signed leases and the development pipeline (86% leased, 48% occupied) begins to commence this year, occupancy and FFO should meaningfully rebound in H2; failure to hit ~100k sqft/month starts or soft sublease markets keeps near‑term cash flow and guidance at risk.
Date | Occupancy Rate |
|---|---|
Jun 30, 2026 | 85.70 |
Mar 31, 2026 | 85.00 |
Dec 31, 2025 | 85.30 |
Sep 30, 2025 | 85.30 |
Jun 30, 2025 | 85.60 |
Mar 31, 2025 | 85.50 |
Dec 31, 2024 | 87.10 |
Sep 30, 2024 | 88.00 |
Jun 30, 2024 | 88.50 |
Mar 31, 2024 | 88.50 |