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Real Estate & Construction

New medical office complex under construction

FLOWOOD — Charlotte, N.C.-based Cogdell Spencer ERDMAN has broken ground on a new 50,575-square-foot medical office building in Flowood. The facility will be located on 6.85 acres at the corner of Lakeland Place and Plaza Drive. This project represents a new market and a new relationship for the company, which offers services from concept through long-term ownership and management. University ...

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'Rankin Living' returning

BRANDON — The Rankin County Chamber of Commerce is preparing to publish the third edition of “Rankin Living,” a relocation guide for Rankin County. This annual publication is a tool that the Rankin Chamber utilizes to assist area newcomers in choosing in which area of the county to reside. “Rankin Living” will include county information, details about area school zones ...

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PMI group working toward chapter status

JACKSON — Thanks to the support of the Project Management Institute (PMI) New Orleans chapter and a local business leader, Mississippi is getting a PMI chapter. John Mahoney, planning and innovations leader at Jackson-based Entergy Nuclear, convinced his former New Orleans chapter to support the development of the only Mississippi chapter. The precursor to chapter status is forming a “Jackson ...

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Collins and Null gets new office

HATTIESBURG — Gerald Collins, George and Jonathon Null, all Hattiesburg appraisers, announce the opening of Collins and Null Appraisals Inc.’s newest office located at 6760 U.S. Highway 98 in Hattiesburg. The new 6,277-square-foot building contains the appraisal office as well as multiple office spaces for lease. Collins and Null Appraisals is a full-service appraisal office with more than 30 years ...

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FNC endorses Fannie Mae move

OXFORD — In response to inquiries from its mortgage lender and appraiser clients, officials of mortgage technology company FNC Inc. said they fully support Fannie Mae’s Announcement 09-14. The announcement requires lenders to submit electronic appraisal data when selling loans to Fannie Mae. FNC said it believes initiatives like this will contribute to better risk assessment and improved transparency in ...

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EOC officially in operation

HANCOCK COUNTY — Mississippi Gov. Haley Barbour and first lady Marsha Barbour were among special guests as officials at NASA’s John C. Stennis Space Center cut the ribbon on its new Emergency Operations Center June 2. Officials say the 78,688-square-foot facility is a giant leap forward in emergency operations and response capabilities, enabling critical integration by consolidating the center’s medical ...

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Parkway sells Texas facility

JACKSON — Parkway Properties Inc. has closed the fee simple sale of the 1717 St. James Place office property located in Houston, Texas. The gross sales price was $8.7 million; Parkway received net cash proceeds from the sale of approximately $8.4 million. The office building, built in 1975, is a 110,000-square-foot property that was 87.9 percent occupied at June 1. ...

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EastGroup enters Las Vegas

JACKSON — EastGroup Properties has acquired the Arville Distribution Center in Las Vegas, Nev., for a purchase price of $11.05 million. The purchase represents EastGroup’s entry in the Las Vegas market. Arville, which was constructed in 1997, is a two-building, business distribution complex containing 142,000 square feet and is located in the southwest submarket of the city. It is 77 ...

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Carey building new theatre

HATTIESBURG — William Carey University (WCU) will break ground for a new theatre June 5 at 10 a.m. on the Hattiesburg campus. The new black box theatre will replace the current one located on the first floor of Tatum Court. The private university, which is also planning to build a new College of Osteopathic Medicine on its Hattiesburg campus, said ...

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Katrina recovery program hits milsestone

MISSISSIPPI GULF COAST — With the opening of 262 new units today, the Mississippi Development Authority’s (MDA’s) Public Housing Grant Program, funded through Mississippi’s $5.4-billion federally provided Hurricane Katrina recovery package, has now finished more than 900 public housing units, and more are poised to become available in the coming weeks. “We said in April that we expect about 600 ...

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