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News Breaks
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February 13, 2012
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| 08:23 EDT |  | PKY |
| theflyonthewall.com: | Parkway Properties completes purchase of Phoenix Asset | | Parkway Properties announced the completion of the previously announced purchase of Hayden Ferry Lakeside II on behalf of Parkway Properties Office Fund II, L.P. for a purchase price of $86M. Parkway's ownership share in this investment is 30%. Hayden Ferry II is a 300,000 square foot, Class A+ office building located in the Tempe submarket of Phoenix. The property is currently 94% leased to 20 customers, including high quality names such as KPMG and Microsoft (MSFT). :theflyonthewall.com |
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