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Highwoods Properties, Inc. Q2 2010 Earnings Call Transcript

Highwoods Properties, Inc. (HIW)

Q2 2010 Earnings Call

July 29, 2010 12:00 p.m. ET

Executives

Tabitha Zane - VP, IR

Ed Fritsch - President & CEO

Mike Harris - EVP & COO

Terry Stevens - SVP & CFO

Analysts

Chris Caton - Morgan Stanley

Jamie Feldman - Bank of America Merrill Lynch

Brendan Maiorana - Wells Fargo

John Stewart - Green Street Advisors

John Guinee - Stifel Nicolaus

Suzanne Kim - Credit Suisse

Dave Rodgers - RBC Capital Markets

Chris Lucas - Robert Baird

Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Highwoods Properties Second Quarter Conference Call. During the presentation, all participants will be in listen-only-mode. Afterwards we will conduct a question-and-answer session. (Operator Instructions) As a reminder, this conference is being recorded. I would now like to turn the conference over to Tabitha Zane. Please go ahead, ma'am.

Tabitha Zane

Thank you and good afternoon. On the call today are Ed Fritsch, President and Chief Executive Officer; Terry Stevens, Chief Financial Officer; and Mike Harris, Chief Operating Officer. If anyone has not received a copy of yesterday's press release or the supplemental, please visit our website at www.highwoods.com, or call 919-431-1529 and we will e-mail copies to you. Please note, in yesterday's press release we have announced the planned dates for our next financial release and conference call for the third quarter. Also, following the conclusion of today's conference call, we will post senior management's formal remarks on the Investor Relations section of our website under the presentation section.

Before we begin, I would like to remind you that this call will include forward-looking statements concerning the company's operations and financial condition, including estimates and effects of asset disposition and acquisitions; the cost and timing of development projects; the terms and timings of anticipated financings, joint ventures, rollover rents, occupancy, revenue trends, and so forth.

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