Posts Tagged ‘Landmark Center’

Landmark Center’s sale price surprises bidder

Downtown Jackson’s Landmark Center has a new owner, having sold at a minimum bid auction for about $2.125 million on July 31 to an undisclosed buyer. The final bid price surprised the Hertz Investment Group, a prominent downtown Jackson office property owner which had sought to buy the  345,000-square-foot building vacated two years ago by […] [...]

UMMC turns to Hood for opinion on moving unmarked graves

JACKSON — The University of Mississippi Medical Center is seeking an attorney general’s opinion on whether the state Department of Archives and History has authority over the medical center’s ability to relocate unmarked graves on its Jackson property. Officials with that agency say they can already answer that question — they don’t have any authority. […] [...]

MBJ June 20th Digital Edition

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UMMC looking to buy downtown Jackson building for $6.25M

JACKSON — The University of Mississippi Medical Center is seeking approval from the College Board to buy the vacant Landmark Center office building in downtown Jackson for $6.25 million. UMMC says it would move some operations downtown to the 300,000 square-foot building to move some offices out of rented quarters and eventually free up more […] [...]

UMMC in talks to make Jackson’s Landmark home for 300 workers

Downtown’s long vacant Landmark Center is the preferred choice of the University of Mississippi’s Medical Center for a new workplace for around 300 information technology workers and other support staff. The governing board of the Mississippi Institutes of Higher Learning would have to approve UMMC’s purchase of the 340,000 square-foot building, which is on the […] [...]

The wait continues for Edison Walthall hotel buyer

Hopes for injecting more life into downtown Jackson’s Capitol Street through a renovation and possible conversion of the vacant Edison-Walthall sustained a setback when the hotel did not get an acceptable bid at auction. For now, the circa 1927 lodging landmark will remain with the Landmark Center office building a block away as once-major properties […] [...]

The shared fortunes of the Capital City and its suburbs

Since 2011, a fight has been brewing in the state capitol over where the Department of Revenue (DOR) and its 500-plus workers are going to relocate. In one corner is Sen. David Blount, D-Jackson, and in the other is Speaker of the House Philip Gunn, R-Clinton. Sen. Blount represents those who want to house the […] [...]

Bills: Move state offices to Capitol Complex

Downtown Jackson would see hundreds of new workers and a whittling of its office space vacancies through proposals from Senate Public Property Committee Chairman David Blount to consolidate more state agencies into space available in the Jackson Capitol Complex. In support of a pair of bills he has introduced, Blount produced an analysis from Millsaps […] [...]

Landmark Center, South Pointe top candidates in DOR search

A tug-of-war between two major office properties could occur in the 2013 legislative session as the Landmark Center and South Pointe vie to become the new headquarters of the Mississippi Department of Revenue. Both buildings will lose major tenants in the next few months and look to rebound by securing a long-term lease for several […] [...]

Landmark closing pushing Central business district office vacancy to historic level

Downtown Jackson’s office vacancy rate will head toward 40 percent with the shutdown of the Landmark Center once master tenant AT&T vacates at the end of the year, says John Barton, a Parkway Properties senior vice president and senior asset manager who participated in the Parkway’s quarterly office market surveys until the company ceased doing […] [...]

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