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Tag Archives: Commercial Real Estate

Councilmen balk at $107M in redevelopment bonds

JACKSON — The Jackson Redevelopment Authority has moved a few steps closer to issuing more than $107 million in bonds for three projects downtown. But if last week’s city council meeting is any indication, some council members are not at all happy to assist developers seeking the funds. The Clarion-Ledger reports the city council gave the authority the preliminary go-ahead ...

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Main Street turns attention to blighted properties

GULFPORT — Now that downtown historic storefronts have been renovated, drawing new tenants and customers, Gulfport’s Main Street director is turning her attention to vacant lots potentially contaminated by petroleum or hazardous chemicals. The city wants to identify and assess contaminated properties that can be returned to productivity, generating jobs and tax revenue. Lisa Bradley, executive director of Gulfport Main ...

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Parkway makes Great Place to Work ranking

Parkway Properties, Inc. (NYSE: PKY) has been ranked No. 10 on the Best Small & Medium Workplaces Presented by Entrepreneur list. This year’s ranking is Parkway’s highest-ever placement in the competition and it is also the fifth time and fourth consecutive year the company has been included on the nationwide list. Great Place to Work evaluates hundreds of companies based ...

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Parkway Properties headquarters moving to Fla.

Company has new management team Downtown Orlando, Fla. is expected to become the headquarters early next year for Jackson’s Parkway Properties Inc. Senior level management will transfer, but most of Parkway’s Jackson employees will stay in Mississippi. Company chairman Jim Heistand, who will become CEO Jan. 1, announced the change to the Orlando Sentinel Monday Current CEO Steve Rogers, who ...

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Parkway unveils new senior management team

JACKSON — Parkway Properties Inc. has appointed Charles T. Cannada chairman of Parkway’s board of directors, effective Jan. 1, 2012. Cannada will replace Parkway’s current executive chairman James R. Heistand, who will become Parkway’s permanent president and CEO on the same date. As previously announced, Steven G. Rogers will be stepping down as the company’s current president and CEO Dec. ...

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Read the October 3rd issue of the MBJ online

In this week’s MBJ, Clay Chandler examines whether there is a megasite available for a new Hyundai plant. The MDA’s Leland Speed says there are no sites available. However, the East Mississippi Business Development Corp. executive director Wade Jones says the 1,400-acre Kewanee site is still available for Hyundai or anyone else that wants it. So, what is Leland Speed ...

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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, ...

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MDA launches pilot aimed at improving strip malls

JACKSON — The Mississippi Development Authority (MDA) has rolled out its pilot Retail Center Revitalization Program. The pilot program is designed to test the effectiveness of partnering local units of government with retail center owners to make improvements to certain shopping centers, commonly referred to as “strip malls,” in a way that contributes to ongoing coordinated revitalization efforts in local ...

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Rogers resigns after 18 years as Parkway president

JACKSON — Steven G. Rogers has resigned as president, CEO and director of Parkway Properties Inc. effective Dec. 31, 2011. Rogers will continue in his current roles until year’s end, and during this period will transition his leadership responsibilities to James R. Heistand, current executive chairman. Heistand will become acting CEO effective January 1, 2012. Rogers said, “It was with ...

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Finding prosperity in a storm…

Jackson commercial Realtor Steve Kennedy laments that the market slump of the last two years robbed all the fun from the business. But while the slump may have hijacked the high times, it has left behind opportunities for profit. Lots of them, in fact, say commercial real estate professionals who took part in a recent roundtable organized by the Mississippi ...

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