Tag Archives: Hertz Investment Group

Landmark final offer for DOR HQ came in $10M above South Pointe’s

March 26, 2013

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  With a 20-year-lease offer of $48.5 million on the table, downtown Jackson’s Landmark Center held a clear lead in the competition to become the new headquarters of the Mississippi Department of Revenue. Rivals South Pointe Business Park in Clinton and Diversified Technologies complex in Ridgeland presented offers of $51.4 million and $53.4 million, respectively. […]

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Former Parkway executive named Hertz Group senior VP

March 1, 2013

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Hertz Investment Group, landlord to many of downtown Jackson’s office buildings, has named the former chief investment officer of Parkway Properties, James M. Ingram, its senior VP and chief investment officer. Ingram will continue to be based in Jackson and will oversee leasing operations of Hertz properties in Mississippi, Tennessee, Louisiana and Virginia. Ingram will […]

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Wanted: Replacement for Parkway’s downtown leadership

January 22, 2012

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The coming departure of Parkway Properties from Jackson leaves a leadership void for downtown causes, says Ben Allen, president of the Downtown Jackson Partners, a public-private partnership created to promote and facilitate downtown’s revitalization. Parkway’s executive corps brought a “care factor” that will be hard to replace, Allen said. “As far a losing the emotional […]

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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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