SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 1, 1998
HIGHWOODS PROPERTIES, INC.
(Exact name of registrant specified in its charter)
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Maryland 1-13100 56-1871668
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(State of Incorporation) (Commission File Number) (IRS Employer Identification No.)
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3100 Smoketree Court, Suite 600, Raleigh, North Carolina 27604
(Address of principal executive offices, zip code)
Registrant's telephone number, including area code: (919) 872-4924
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Item 5. OTHER EVENTS
As previously reported, Highwoods Properties, Inc.
("Highwoods") has entered into an Agreement and Plan of Merger (as
amended, the "Merger Agreement") with J. C. Nichols Company ("JCN"). JCN
shareholders approved the merger (the "Merger") at a special meeting
held on July 1, 1998.
As discussed in the Proxy Statement/Prospectus mailed
to JCN shareholders on or about June 3, 1998, a lawsuit was filed in
the Circuit Court of Jackson County, Missouri on January 8, 1998 by
Dennis Wright against JCN, JCN's Board of Directors and Highwoods
seeking certification of a class, an injunction preventing the
Merger, and unspecified damages. On July 1, 1998, the court denied the
plaintiff's request for a temporary restraining order ("TRO")
enjoining the closing of the transaction.
The Merger is expected to close by July 15, 1998.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
HIGHWOODS PROPERTIES, INC.
By: /s/ Carman J. Liuzzo
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Carman J. Liuzzo
Vice President and Chief Financial Officer
Date: July 2, 1998
