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Tag Archives: Tampa

Newk's Eatery announces new Tampa Bay-area development agreement

JACKSON — Newk’s Eatery, the fast-casual restaurant known for its culinary-driven menu and open kitchen, has announced a new development agreement with franchisee Aeolus Group. The multi-unit operators have committed to open 11 Newk’s locations in the Tampa, St. Petersburg, Sarasota, Lakeland and Clearwater markets in Florida. The agreement is part of Newk’s growth plans that include opening nearly 30 new company-owned and franchised locations this year. The chain currently ...

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Company lands contract to build 40-plus offshore vessels

GULFPORT — Edison Chouest Offshore says it will build more than 40 new vessels to meet growing demand for offshore oil and gas support in the Gulf of Mexico, the Arctic and Brazil. New Orleans CityBusiness reports the new vessels continue a build campaign the Galliano-based company launched in 2011. Edison Chouest did not disclose the cost of the newest ...

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Last again: Insurance Institute gives state nation’s lowest grade for hurricane-resistant structures

The absence of a statewide building code makes Mississippi the most vulnerable of the 18 Atlantic and Gulf coast states deemed most hurricane-prone, the Insurance Institute for Business & Home Safety says. In rating the states, the Institute gave Mississippi a grade of 4 out of a possible 100. By comparison, Virginia and Florida, both of which enacted strong codes ...

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EastGroup Properties' profit rises in first quarter of 2012

JACKSON — EastGroup Properties’ profit rose in the first quarter, but not as much as analysts expected. The real estate investment trust said Thursday that quarterly profit rose to $5.4 million, or 20 cents per share. That’s up 13 percent from $4.8 million, or 18 cents per share, in year-ago quarter. Analysts polled by FactSet had predicted 23 cents per ...

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U.S. housing prices still declining but at slower pace

Oxford real estate data firm FNC’s Residential Price Index(RPI) released Wednesday indicates that U.S. residential property values declined in December amid signs of continued improvement in the job market and economic growth. With sales of distressed properties comprising a large portion of overall home sales, prices on non-distressed sales continued to reflect the downward pressure distressed sales have on underlying ...

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Parkway Properties further reduces Jackson presence

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 the portfolio sale has not ...

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