HIGHWOODS PROPERTIES, INC. — Director's Dealing 2007

Dec 28, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2007-12-27

Reporting Person: ADLER THOMAS W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-27	Common Stock	M	400	$27.00	Acquired	28994	Direct
2007-12-27	Common Stock	S	400	$30.76	Disposed	28594	Direct
2007-12-27	Common Stock	M	538	$27.00	Acquired	29132	Direct
2007-12-27	Common Stock	S	538	$30.75	Disposed	28594	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-27	Stock Option	$27.00	M	400	Disposed	2008-01-25	Common Stock (400)	Direct
2007-12-27	Stock Option	$27.00	M	538	Disposed	2008-01-25	Common Stock (538)	Direct