Business Blog

Company sells all but one Jackson building; exiting ‘non-core’ markets Parkway Properties is reducing its presence the Jackson market with the sale of all but one of its office properties, but Parkway officials will not make definitive comments regarding personnel reductions. Thomas Blalock, Parkway vice president of investor relations, said in an e-mail: “Given that [...]

Company has new management team Downtown Orlando, Fla. is expected to become the headquarters early next year for Jackson’s Parkway Properties Inc. Senior level management will transfer, but most of Parkway’s Jackson employees will stay in Mississippi. Company chairman Jim Heistand, who will become CEO Jan. 1, announced the change to the Orlando Sentinel Monday [...]

JACKSON — Parkway Properties, Inc. (NYSE: PKY) announced today that Mr. William R. Flatt has resigned as Executive Vice President and Chief Operating Officer effective October 15, 2011. Additionally, the Board of Directors has approved the promotion of Mr. M. Jayson Lipsey to Executive Vice President and Chief Operating Officer effective the same date. Jayson [...]

New CEO, poor stock performance and missed earnings Parkway Properties’ headquarters will remain in Jackson at least for now, and a new Orlando, Fla.-based CEO will take the company reins Jan. 1. About 100 days after its combination with Eola Capital LLC, Parkway Properties Inc. announced CEO Steve Rogers’ retirement and succession by Eola chairman [...]

Longtime Parkway Properties CEO Steve Rogers has announced he is stepping down at the end of the year. MBJ-TV recently visited with Rogers and his successor Jim Heistand to talk about the history and future of the Jackson-based public commercial real estate company.