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Tag Archives: Commercial Real Estate

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 ...

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One Jackson gains Haddox Reid CPA firm

One Jackson Place has made a positive start for the new year with the CPA firm of Haddox Reid Burkes and Calhoun moving over from Regions Plaza to occupy the fifth floor space vacated by the U.S. Attorney’s Office. In moving across Lamar Street, Haddox Reid Burkes and Calhoun vacated the building that had been its home since the opening ...

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County to raze dozens of abandoned structures

COAHOMA COUNTY — With grant support from the Walton Family Foundation, the Delta Bridge Project (DBP) in Coahoma County will fund the demolition of abandoned homes and buildings. Clean-up is expected to begin in the spring of 2012. Working with local leaders, the staff of Southern Bancorp Capital Partners (SBCP) has identified 40 dilapidated structures in Clarksdale and 20 in ...

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Grant awarded to renovate downtown property

MERIDIAN — With several historic county buildings downtown, Lauderdale County is likely to have its hands full when the time comes for renovations. Thanks to a grant from the Mississippi Department of Archives and History, a new study will show the county what it’s in for. The $108,000 grant will go toward a $135,000 study of five downtown buildings, with ...

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City identifies more than 50 blighted properties

BILOXI — A landmark hotel and a former high-rise senior apartment complex are among more than 50 structures the city of Biloxi is ordering to be either repaired or knocked down. All are still damaged and vacant more than six years after Hurricane Katrina hit the Gulf Coast in August 2005. A new state law gave allows Biloxi’s City Council ...

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Charles Evans Jr. gets 20 years in prison

JACKSON — The Evans brothers were sentenced on Dec. 19 in U.S. District Court on charges of conspiracy to commit money laundering and bank fraud in what is the largest known commercial real estate fraud scheme in Mississippi history. Charles Evans Jr., 57, received 20 years in prison, and Chris Evans, 53, got 14 years. In January the brothers pleaded ...

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JRA turns down two proposals for downtown hotel

JACKSON — The Jackson Redevelopment Authority has decided to pass on two proposals to build a hotel across from the Jackson Convention Complex and instead will seek new proposals for a new downtown hotel. The Clarion-Ledger reports the board passed on two proposals last Friday. Brian Fenelon, the JRA board member who introduced the motion to not accept either proposal, ...

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Supervisors award extension to Diamondhead Casino

DIAMONDHEAD — A company that has proposed a casino in Hancock County has received a two-year extension of its special use permit for land it owns stretching from south Diamondhead east to near the Harrison County line. County supervisors granted the extension this week to Diamondhead Casino Corp. The Sea Coast Echo reports the permit was in jeopardy after the ...

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Delta city gets funds to renovate historic depot

GREENVILLE — A $108,000 grant from the state Department of Archives and History will help with renovations of the old Greenville Yazoo & Mississippi Valley Railroad depot in Greenville. Officials tell the Delta Democrat Times the depot needs mostly cosmetic repairs and a new heating and air conditioning system and a new roof. Walley Morse, with the Greenville/Washington County Historic ...

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City raises landlords' fees, fines for noncompliance

TUPELO — Tupelo landlords have been sent letters informing them of a new ordinance that will raise their business costs starting Jan. 1 and what fines they face if they don’t comply. The Northeast Mississippi Daily Journal reports 750 rental property owners received the letter, a registration form and new fee schedule. The new ordinance requires rental property owners to ...

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