Parkway completes sale of downtown office building
by MBJ Staff
Published: October 9,2012
Tags: acquisition, Commercial Real Estate, land, office, property, purchase, real estate, sale, sell
JACKSON — Parkway Properties Inc. has completed the sale of 111 Capital Building in Jackson for $8.3 million.
The 111 Capitol Building is a 187,000-square-foot office property located in the Central Business District. The property was 83.1 percent leased at closing, which occurred Sept. 7, 2012.
Parkway, which relocated its corporate headquarters from Jackson to Orlando, Fla., received approximately $6.3 million in net proceeds.
![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- School superintendent terminated after party funds, travel questions
- Telepak strikes another branding deal with C Spire
- Airline announces new service at Oxford
- C Spire launches new WiFi On app for Android-powered phones
- South's oldest casino to reopen as Golden Nugget
- At age 17, ‘the flagpole kid’ is already a business success story
- Doctor appeals Medicaid, Medicare fraud conviction
- Appeals panel rules against town in race discrimination case
- Entrepreneurs want ordinance change to add micro-brewery
POST A COMMENT