HIGHWOODS PROPERTIES, INC. — Director's Dealing 2008

Aug 7, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2008-08-05

Reporting Person: HARRIS MICHAEL E (Executive Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-05	Common Stock	M	38685	$26.15	Acquired	166052	Direct
2008-08-05	Common Stock	S	38685	$36.20	Disposed	127367	Direct
2008-08-05	Common Stock	M	45096	$26.27	Acquired	172463	Direct
2008-08-05	Common Stock	S	45096	$36.191	Disposed	127367	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-05	Stock Option (right to buy)	$26.15	M	38685	Disposed	2014-02-28	Common Stock (38685)	Direct
2008-08-05	Stock Option (right to buy)	$26.27	M	45096	Disposed	2012-02-28	Common Stock (45096)	Direct

Footnotes

F1: Represents the weighted average sale price. Sale prices range from $36.05 - $36.31.

F2: The reporting person upon request by the Commission staff, the issuer, or a security holder of the issuer, agrees to disclose full information regarding the number of shares purchased or sold at each separate price.

F3: Represents the weighted average sale price. Sale prices range from $36.05 - $36.35.

F4: Option vests ratably on the first through fourth anniversaries of grant date.