Highwoods Properties Inc. (NYSE:HIW) acquired two Class A office properties in the Green Valley submarket of Greensboro from CBL-ST Building LLC for $30.8 million in late December 2012. Highwoods Properties noted that no debt was assumed in connection with the transaction. The properties are expected to generate full year 2013 cash and GAAP net operating income of $3.1 million.

Highwoods Properties Inc. (NYSE:HIW) completed the acquisition of two Class A office properties in the Green Valley submarket of Greensboro from CBL-ST Building LLC in late December 2012.