Home » MBJ FEATURE » Clinton office complex sold for $20.5 million

Clinton office complex sold for $20.5 million

CLINTON — The Hertz Investment Group is adding to its dominant position in the metro Jackson office market.

Hertz, based in Santa Monica, California, announced Friday that it has purchased the South Pointe Business Park in Clinton for $20.5 million. The 400,000 square-foot complex just south of Interstate 20 was built in 1996 as the headquarters for WorldCom.

The Mississippi Department of Revenue leased space last year at South Pointe, joining University Physicians, Lockheed Martin and Verizon. Hertz says the building is 93 percent leased.

Hertz is Jackson’s top commercial landlord. The company already owned more than 1 million square feet, including Regions Center, Mississippi’s second-tallest building.

The 79-acre South Pointe complex was sold by private investors associated with Dallas-based Staubach Co., which merged with Jones Lang LaSalle in 2008.



… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply