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Tag Archives: Hertz

Turning City Centre into convention center hotel is option, new owner says

266,000 square-foot City Centre

By TED CARTER The new owner of downtown Jackson’s City Centre will consider converting the two-tower office complex on South Lamar Street into a convention center hotel should it lose a main tenant whose lease is up at the end of 2016. Hertz Investment Group, the Central Business District’s dominant landlord, emphasized it bought the 266,700 square feet of buildings and ...

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FTC approves Franchise Services' sale of airport locations

RIDGELAND — Franchise Services of North America Inc. (FSNA) has released an update on the previously announced proposed sale of 22 airport concession agreements used by the company’s wholly-owned subsidiary, Simply Wheelz, LLC, which formerly did business as Advantage Rent A Car. The Federal Trade Commission has approved the sale of 12 of the locations to Avis Budget Car Rental, ...

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Franchise Services gives update on bankruptcy proceedings

RIDGELAND — Franchise Services of North America Inc. has issued an update on the previously announced proposed sale of certain assets used in connection with the business of the company’s wholly-owned subsidiary, Simply Wheelz, LLC, which does business as Advantage Rent A Car. The Catalyst Capital Group Inc., on behalf of one or more funds managed by it, was selected ...

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Hertz targeting Regions building for apartments

Downtown Jackson’s Regions building has borne many names in its nearly 85 years, but the 18-floor historic landmark may soon be called “home” for renters eager to live downtown. Developers for several years have eyed the circa 1928 office building for conversion to residential apartments. The challenges of lining up financing and securing the requisite historic and new market tax ...

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