Home » Tag Archives: office space (page 2)

Tag Archives: office space

EastGroup Properties sees increase in quarterly earnings

JACKSON — EastGroup Properties says profits rose in the fourth quarter as occupancy increased and expansion continued. The real estate investment trust says quarterly profit rose to $6.4 million, or 24 cents per share. That’s up 30 percent from $4.9 million, or 18 cents per share, in the same three months of 2010. Analysts polled by FactSet had predicted 23 ...

Read More »

Parkway continues 'shift' with sale of 15 buildings

JACKSON — Parkway Properties Inc. is selling 15 buildings for $147.5 million to Hertz Investment Group. The sale of structures in Jackson, Memphis, Tenn., and Richmond, Va., is part of a shift out of what Parkway now describes as “non-core” markets. Parkway said yesterday it would sell four buildings and a parking garage in Jackson, four buildings in Memphis and ...

Read More »

Parkway to celebrate remodeling of One Jackson Place

JACKSON — Parkway Properties Inc. will hold a ceremony Thursday to unveil the 17,000-square-foot newly-remodeled space of GodwinGroup, a Jackson-based integrated marketing and advertising firm, and to welcome Balch & Bingham, LLP, a regional law firm, to their new 27,000-square-foot office at One Jackson Place in downtown Jackson. Jackson Mayor Harvey Johnson The law firm of Balch & Bingham, LLP, ...

Read More »

Parkway on verge of huge growth spurt with Eola acquisition

JACKSON — Parkway Properties is about to nearly double in size and acquire a half-dozen new office buildings in Philadelphia and throughout the South, company executives said yesterday in announcing a definitive agreement to acquire privately owned Eola Capital, LLC. In the move, chairman Leland Speed will cede the executive chairmanship to James “Jim” Heistand, Eola’s current chairman. Speed, who ...

Read More »

After latest exodus, what’s next?

Downtown Jackson leaders believe things have never been better for business district On the surface, it would appear that downtown Jackson is booming. There’s the opening of the Jackson Convention Complex and on-going restoration of the King Edward Hotel, both considered anchors of the city’s resurgence after years of playing second-fiddle to the mega-growth occurring in Madison and Rankin counties. ...

Read More »