Archive | January 16th, 2012

Jackson’s EastGroup an entity all its own

January 16, 2012

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While Parkway Properties is shifting its operations to Orlando and selling off nearly all its Jackson office properties, a company often incorrectly thought of as a cousin to Parkway – EastGroup Properties – is staying put in Mississippi’s capital. EastGroup CEO David H. Hoster II says the only reason his company and Parkway are believed […]

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Parkway’s exit from Jackson market seen as needed step

January 16, 2012

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Parkway Properties’ planned exit from office markets in Jackson, Memphis and Richmond, Va., gets a thumbs-up from analysts who call the market departures an overdue course correction. The consensus is the self-administered real estate investment trust is giving itself its best chance for success by leaving tertiary, or secondary, markets for core markets that can […]

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