Highwoods Properties, Inc. is a self-administered and self-managed equity real estate investment trust (REIT). The Company is engaged in the business of operation, acquisition and development of rental real estate properties. It operates office, industrial, retail and residential properties. The Company provides a line of real estate services to its customers. The Company owns and operates office properties in the Southeastern and Midwestern United States. The Company conducts all of its activities through Highwoods Realty Limited Partnership (the Operating Partnership). Its properties and development land are located in Florida, Georgia, Maryland, Mississippi, Missouri, North Carolina, South Carolina, Tennessee and Virginia. During 2010, the Company acquired a 336,000 square foot office property in Memphis. During the year ended December 31, 2010, the Company acquired an 117,000 square foot office property and 32.6 acres of development land in Tampa.