by Associated Press Published: April 22,2013
Tags: commercial real estater, debt, earnings, office space, profit, property, publicly traded company, real estate, real estate investment trust, revenue
JACKSON — EastGroup Properties’ profit rose in the first quarter as revenues rose and debt payments fell. The real estate investment trust said quarterly profit rose 32 percent to $7.2 million, or 24 cents per share in the three months ended March 31. That’s up from $5.4 million, or 19 cents per share, in 2012′s [...] [...]

The headquarters for Jackson’s Parkway Properties Inc. will move to downtown Orlando, Fla., in early 2012, according to a statement made by the upcoming CEO in a Florida newspaper in October. A handful of senior level management will transfer, but most of Parkway’s 89 Jackson employees will stay in town. Parkway Properties is a publicly [...] [...]
JACKSON — Parkway Properties Inc. has appointed Charles T. Cannada chairman of Parkway’s board of directors, effective Jan. 1, 2012. Cannada will replace Parkway’s current executive chairman James R. Heistand, who will become Parkway’s permanent president and CEO on the same date. As previously announced, Steven G. Rogers will be stepping down as the company’s [...] [...]