0

2

4

6

8

10

'17'16'15'14'13'12'11'10'09'08'07

MOVEOUT

FBI

EST1978

3.875%COUPON ISSUANCE

$300M

FEB 2017

46% RELEASED

MOVEOUTHCAGO HEELS!

BBDEXPRESSWAY

$200M Bond Maturity7.5% Coupon

STRONGBALANCE

SHEET

DELIVER RIVERWOOD 200

$107

DELIVER BRIDGESTONE

AMERICAS

$200M

3.5%Dividend Increase

STABILIZESEVEN SPRINGS II

$38M

STABILIZE5000 CENTREGREEN

$41M

DELIVER VA UROLOGY

$29M

DELIVER METLIFE III

$65M

DELIVER 751 CORPORATE

CENTER

$22M

DELIVER MARS

PETCARE

$96M

NYSE: HIW | 2Q2017

At-A-Glance

Sound Maturity Ladder

2017 Outlook

Strong Balance Sheet2Q17 Operational Highlights

Debt + Preferred / EBITDA Significant Balance Sheet Capacity

   FFO Range $3.33 to 3.38/sh

   Impact from Dispositions -$0.02/sh

   Same Property Cash NOI Growth 3.00 to 3.75%

   Year-End Occupancy 92.2 to 93.2%

   G&A Expenses $37.5 to 38.5M

   Dispositions $105 to 150M

   Acquisitions $0 to 200M

   Development Announcements $225 to 275M

   Average Shares Outstanding 105.6 to 105.8M

   3.5% Increase in Quarterly Dividend

with No Future Equity IssuanceStated Operating Range 4.5 to 5.5x

* Based on 08/22/17 share price

LINCOLN PLAZA

CAPITAL PLAZA TWO

CAPITAL PLAZA ONE

CAPITAL PLAZA THREE SITE

LANDMARK CENTER ONE

LANDMARK CENTER TWO

SEASIDE PLAZA

EOLA PARK CENTRE

   7 Buildings

   1.7M SF

   26% Submarket Share

   2.9 Parking Ratio

   100% HIW Ownership

   $0 Debt

CBDORLANDO

TWO ALLIANCE CENTER

ONE ALLIANCE CENTER

BUCKHEADATLANTA

MONARCHTOWER

MONARCHPLAZA

   4 Buildings

   1.9M SF

   12% Submarket Share

   2.4 Parking Ratio

   100% HIW Ownership

   $0 Debt

CHARTER SQUARE

PNC PLAZA

ONE CITY PLAZA EDISON SITE

CBDRALEIGH

   3 Buildings

   913K SF

   15% Submarket Share

   2.3 Parking Ratio

   100% HIW Ownership

   $0 Debt

WHOLLY OWNED UNENCUMBERED 100% FUNGIBLE

EQT PLAZA1 PPG PLACE

   7 Buildings

   2.2M SF

   16% Submarket Share

   100% HIW Ownership

   $0 Debt6 PPG PLACE

4 PPG PLACE

5 PPG PLACE

3 PPG PLACE

2 PPG PLACE

D+P/EBITDA Leverage

$0.31/sh Net Income

$0.90/sh FFO

92.7% Quarter-End Occupancy

5.3% Same Property Cash NOI Growth

15.1% Weighted Average GAAP Rent Spread

1.0% Weighted Average Cash Rent Spread

35.3% Debt + Preferred as % of Gross Assets

4.6x Debt + Preferred to Annualized EBITDA

95.8% Unencumbered NOI (05/01/17)

1.7% Secured Debt as % of Gross Assets

1.7% Revenues from JVs

Investment Grade Ratings

Baa2 BBB

1.4

72.5

8.1

18.0

AverageMaturity

4.6Yrs

Equity*

Secured Debt

27.5

Debt

Unsecured Floating Rate

Unsecured Fixed Rate

0

2

4

6

8

10

0

25

50

75

100

D+P/E BookLeverage

06/30/17

4.6x 4.9x5.5x

35.3% 38.5% 42.3%

Development* Dev + Inv**

* Assumes funding and stabilization of current development pipeline.

** Assumes funding and stabilization of current development pipeline, plus $400M of additional investment at 7.0% GAAP yield

CBDPITTSBURGH

FINANCIALS 06/30/17BBD FOCUS 5 6

0

100

400

300

200

$ M

2017 2018 2019 2020 2021 2022 2023 2029

$200BankLoan

$111LOC

$200Bonds

$298Bonds

$225BankLoan

$125BankLoan

$150BankLoan

$50BankLoan

$10BankLoan

$248Bonds $100

Secured

2027

$296Bonds

7.25% 2.23% 2.58% 3.36% 2.32% 3.75% 4.00%AverageInterestRate

3.78%

Fixed Floating

METLIFE II

METLIFE III

by Industry

ProfessionalServices

10 RemainingIndustries

Real Estate

Government

Manufacturing

Insurance HealthCare

Finance/Banking

13.7%

25.7%19.7%

4.8%

6.7%

7.0%9.0% 13.4%

PORTFOLIO DIVERSIFICATION % of Annualized Revenue 06/30/17

by Market

Raleigh18%

Atlanta19%

Nashville14%

Tampa13%

Memphis8%

Pittsburgh9%

Richmond6%

Greensboro5%

Orlando7%

No Market >20%

by Customer

5.4

2.6

Top 5 11.8

Top 10 16.7

Customers > 2% %

Only 7 Customers >1.0% of Revenues

DEVELOPMENT

by Square Feet

Number of Leases

Highly Diversified Across Customer Lease Size

421 336 126 36 23 35617

ASSET RECYCLING

$440M 58+%1.5M

MA

RK

ET

S

GAAP YIELD

9PR

OJE

CT

S

INVESTMENT

77%PRE-LEASED

SF

Global Technology CampusU.S. Headquarters

Current Development Pipeline

2 3 4

Pro Forma Development Cash Rent Commencement

Development Announcement Timeline

2005 2006 2007 2008 2011 2012 2013 2014 2015 2016 20172009 20100

100

200

300

400

500

600

700

2013 2014 2015 2016 2017

International Paper

$56M

MetLife I & II Campus

$110M

GlenLake V

$37M

11800 Weston

$15M

Seven Springs West

$59M

Laser Spine Institute

$56M

Bridgestone Americas HQ

$200M

Riverwood 200

$107M

Seven Springs II

$38M

5000 CentreGreen

$41M

Virginia Urology

$29M

Mars Petcare U.S. HQ

$96M

751 Corporate Center

$22M

MetLife III

$65M

219K SF

100%PRE-LEASED

$65M INVESTMENT

224K SF

100%PRE-LEASED

$96M INVESTMENT

Dispositions Acquisitions$ M

Guidance Range

Current Pipeline Invst ($M)

SF(000)

Pre-leased(%) 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19

Seven Springs II 38 135 63

Riverwood 200 107 299 79

5000 CentreGreen 41 167 38

Enterprise IV (Industrial) 8 128 63

Virginia Urology 29 87 100

751 Corporate Center 22 90 35

Mars Petcare U.S. HQ 96 224 100

MetLife III 65 219 100

Virginia Springs I 34 109 34

Totals $440 1,458 SF 77%

Completed & Stablized Invst ($M)

SF(000)

Pre-leased(%) 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19

Bridgestone Americas HQ 200 514 100

METLIFE I