Parkway Properties

Parkway Properties, Inc. was a real estate investment trust that invested in office buildings in the Sun Belt. In 2016, the company was acquired by Cousins Properties.

Parkway Properties, Inc.
IndustryReal estate investment trust
FateAcquired by Cousins Properties
FoundedMay 17, 1996 (1996-05-17)
DefunctOctober 6, 2016 (2016-10-06)
HeadquartersOrlando, Florida
Key people
James R. Heistand, President & CEO
Number of employees
286
Websitepky.com/ 
3344 Peachtree was owned by Parkway

Notable properties owned by the company included Liberty Place, Phoenix Tower, San Felipe Plaza in Houston and Raymond James Tower in Memphis, Tennessee.

The company was formed on May 17, 1996.

In 2011, the company acquired the property management business of Eola Capital and its ownership stake in 6 properties for $462 million.[1]

In 2012, the company acquired Hearst Tower for $250 million.[2] The company also sold 15 properties in Memphis for $147.5 million.[3]

References

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