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Stock Market & Financial Investment News

News Breaks
March 19, 2013
07:06 EDTPKYParkway Properties files to sell 10M shares of common stock
BofA Merrill Lynch and Wells Fargo Securities are the joint lead-bookrunners for the offering, and KeyBanc Capital Markets and RBC Capital Markets are the joint bookrunners for the offering.
News For PKY From The Last 14 Days
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October 7, 2014
16:07 EDTPKYParkway Properties announces agreement to sell portfolio of buildings for $237M
Parkway Properties announced that it has reached an agreement to sell a portfolio of 19 office buildings for a gross sale price of $237.0M. Parkway recently agreed to purchase the 19 office assets, which are located in six states and total approximately 2.1M square feet, as part of the same transaction pursuant to which Parkway has agreed to acquire Corporate Center I, II, and III at International Plaza located in the Westshore submarket of Tampa, Florida. The 19 office assets that Parkway has agreed to sell are not consistent with Parkway's current investment strategy. As part of the agreement, the prospective buyer posted a $10.0M earnest money deposit. Parkway expects the closing of the sale of the 19 office portfolio to occur during Q4.

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