JACKSON, Miss., Aug. 10 /PRNewswire-FirstCall/ -- Parkway Properties,
Inc. (NYSE: PKY) announced today leasing activity for the month ended July
31, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO)
As of August 1, 2006, occupancy of the office portfolio was 90.4%, up
from 90.0% as of July 1, 2006. Since June 30, 2006, 21 leases were renewed
or expanded for approximately 68,000 square feet. Additionally, nine new
leases were signed totaling 30,000 square feet. Not included in occupancy
are 26 leases totaling 144,000 square feet, which have been fully executed
as of August 10, 2006. These leases bring the portfolio to 91.5% leased as
of August 10, 2006 as compared to 91.4% as of July 10, 2006.
Parkway Properties, Inc., a member of the S&P Small Cap 600 Index, is a
self-administered real estate investment trust specializing in the
operation, acquisition, ownership, management, and leasing of office
properties. The Company is geographically focused on the Southeastern and
Southwestern United States and Chicago. Parkway owns or has an interest in
67 office properties located in 11 states with an aggregate of
approximately 12,804,000 square feet of leasable space as of August 10,
2006. The Company also offers fee-based real estate services through its
wholly owned subsidiary, Parkway Realty Services, to its owned properties
and to its third party and minority interest properties.
Parkway Properties, Inc.'s press releases and additional information
about the Company are available on the World Wide Web at
http://www.pky.com.
Parkway Properties, Inc.
Leasing Status
8/10/2006
Total Occupancy
Square Footage Vacancy Percent
Occupancy - 08/01/06 12,946,196 1,248,090 90.4%
Commencement
City Building Square Feet Quarter Year
Atlanta, GA Capital City Plaza 16,991 4 2006
Charlotte, NC Carmel Crossing 17,348 3 2006
Chicago, IL 233 North Michigan 1,284 3 2006
Chicago, IL 233 North Michigan 2,154 3 2006
Chicago, IL 111 E. Wacker 1,024 3 2006
Chicago, IL 111 E. Wacker 2,681 3 2006
Hampton Roads, VA Town Point Center 7,774 3 2006
Hampton Roads, VA Town Point Center 4,614 3 2006
Houston, TX Comerica Bank Building 1,844 3 2006
Houston, TX Comerica Bank Building 6,752 3 2006
Houston, TX Comerica Bank Building 2,197 3 2006
Houston, TX Wells Fargo 2,659 3 2006
Houston, TX Sugar Grove 1,061 3 2006
Houston, TX Sugar Grove 3,724 3 2006
Houston, TX Town and Country 1,352 3 2006
Jackson, MS 111 Capitol Building 7,050 3 2006
Jackson, MS City Centre 1,098 1 2007
Knoxville, TN Cedar Ridge 5,167 3 2006
Knoxville, TN First Tennessee Plaza 2,376 3 2006
Memphis, TN Forum I 1,161 3 2006
Nashville, TN Bank of America Plaza 20,211 4 2006
Nashville, TN Bank of America Plaza 7,005 4 2006
Orlando, FL Citrus Center 883 4 2006
Phoenix, AZ Squaw Peak Corporate Center 19,045 3 2006
Phoenix, AZ Squaw Peak Corporate Center 4,191 4 2006
Tampa/St. Pete, FL Wachovia Plaza 2,528 4 2006
Sum of above 144,174
Adjusted Leasing Status once leases have commenced
Total Total SF Leased
Square Footage Not Leased Percent
12,946,196 1,103,916 91.5%
SOURCE Parkway Properties, Inc.
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Related links:
http://www.pky.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20030513/PARKLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/103115.html/
CONTACT:
Steven G. Rogers, President & Chief Executive
Officer, or William R. Flatt, Chief Financial Officer,
+1-601-948-4091, both of Parkway Properties, Inc.
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