HIGHWOODS PROPERTIES, INC. — Director's Dealing 2008

May 20, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HIGHWOODS PROPERTIES INC (HIW)
CIK: 0000921082
Period of Report: 2008-05-16

Reporting Person: ADLER THOMAS W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-16	Common Stock	M	200	$24.75	Acquired	30742	Direct
2008-05-16	Common Stock	M	200	$36.28	Disposed	30542	Direct
2008-05-16	Common Stock	M	100	$24.75	Acquired	30642	Direct
2008-05-16	Common Stock	M	100	$36.27	Disposed	30542	Direct
2008-05-16	Common Stock	M	100	$24.75	Acquired	30642	Direct
2008-05-16	Common Stock	M	100	$36.26	Disposed	30542	Direct
2008-05-16	Common Stock	M	100	$24.75	Acquired	30642	Direct
2008-05-16	Common Stock	M	100	$36.25	Disposed	30542	Direct
2008-05-16	Common Stock	M	100	$24.75	Acquired	30642	Direct
2008-05-16	Common Stock	M	100	$36.23	Disposed	30542	Direct
2008-05-16	Common Stock	M	100	$24.75	Acquired	30642	Direct
2008-05-16	Common Stock	M	100	$36.22	Disposed	30542	Direct
2008-05-16	Common Stock	M	200	$24.75	Acquired	30742	Direct
2008-05-16	Common Stock	M	200	$36.21	Disposed	30542	Direct
2008-05-16	Common Stock	M	1700	$24.75	Acquired	32242	Direct
2008-05-16	Common Stock	M	1700	$36.20	Disposed	30542	Direct
2008-05-16	Common Stock	M	1000	$24.75	Acquired	31542	Direct
2008-05-16	Common Stock	M	1000	$36.19	Disposed	30542	Direct
2008-05-16	Common Stock	M	900	$24.75	Acquired	31442	Direct
2008-05-16	Common Stock	M	900	$36.18	Disposed	30542	Direct
2008-05-16	Common Stock	M	100	$24.75	Acquired	30642	Direct
2008-05-16	Common Stock	M	100	$36.17	Disposed	30542	Direct
2008-05-16	Common Stock	M	100	$24.75	Acquired	30642	Direct
2008-05-16	Common Stock	M	100	$36.16	Disposed	30542	Direct
2008-05-16	Common Stock	M	100	$24.75	Acquired	30642	Direct
2008-05-16	Common Stock	M	100	$36.15	Disposed	30542	Direct
2008-05-16	Common Stock	M	700	$24.75	Acquired	31242	Direct
2008-05-16	Common Stock	M	700	$36.14	Disposed	30542	Direct
2008-05-16	Common Stock	M	600	$24.75	Acquired	31142	Direct
2008-05-16	Common Stock	M	600	$36.13	Disposed	30542	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-16	Stock Option	$24.75	M	6100	Disposed	2009-01-24	Common Stock (6100)	Direct

Footnotes

F1: Option vests ratably on the first through fourth anniversaries of grant date.