
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 [...]
Continue reading...Monday, January 16, 2012
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 [...]
Continue reading...Monday, January 16, 2012
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 [...]
Continue reading...Monday, January 9, 2012
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 [...]
Continue reading...Thursday, October 20, 2011
Parkway Properties, Inc. (NYSE: PKY) has been ranked No. 10 on the Best Small & Medium Workplaces Presented by Entrepreneur list. This year’s ranking is Parkway’s highest-ever placement in the competition and it is also the fifth time and fourth consecutive year the company has been included on the nationwide list. Great Place to Work [...]
Continue reading...Thursday, October 20, 2011
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 [...]
Continue reading...Thursday, September 22, 2011
Plaintiff seeks release of financial documents, accuses Parkway of forging e-mail attachment JACKSON – At a recent hearing a judge ruled the case in which the former CFO of Parkway Properties Inc. (NYSE: PKY) alleges wrongful termination and fraud will be tried June 4. The judge did not rule on disagreements about the plaintiff’s expert [...]
Continue reading...Monday, September 19, 2011
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 [...]
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Sunday, September 18, 2011
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 [...]
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Wednesday, September 7, 2011
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.
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Sunday, January 22, 2012
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