05:17 PM EST, 11/17/2025 (MT Newswires) -- Highwoods Properties ( HIW ) said late Monday it has agreed to acquire 6Hundred at Legacy Union, a 24-story office tower in Charlotte, for a total expected investment of $223 million.

The 411,000-square-foot building was delivered in 2025, the company said, adding that it is currently 84% leased.

The property is expected to generate about $10 million of GAAP net operating income in 2026, the firm said. It plans to fund the acquisition on a leverage-neutral basis over the next six months with proceeds from non-core asset sales.