ORLANDO, Fla., Aug. 28, 2012 /PRNewswire/ -- Parkway Properties, Inc. (NYSE: PKY) announced today that James M. Ingram, Executive Vice President and Chief of Sales and Business Development, resigned his position effective August 28, 2012. Mr. Ingram will continue to serve Parkway as a consultant through the remainder of 2012.
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James Heistand, Parkway's President and Chief Executive Officer, stated "Jim has been an employee at Parkway for over 23 years, and has served the Company in several different capacities during that time, including Chief Investment Officer from 2003 to 2011. His role as Chief of Sales over the past year played a vital part in the recent repositioning of the Company's portfolio, as he helped the Company execute over $842 million in asset sales. We greatly appreciate his many contributions over the years and wish him all the best in his future endeavors."
About Parkway Properties
Parkway Properties, Inc., a member of the S&P Small Cap 600 Index, is a self-administered real estate investment trust specializing in the ownership of quality office properties in higher growth submarkets in the Sunbelt region of the United States. Parkway owns or has an interest in 39 office properties located in 9 states with an aggregate of approximately 10.3 million square feet of leasable space at August 8, 2012. Fee-based real estate services are offered through wholly-owned subsidiaries of the Company, which in total manage and/or lease approximately 11.9 million square feet for third-party owners at August 8, 2012.Parkway Properties, Inc.'s press releases and additional information about the Company are available on the Company's website at www.pky.com. Contact: Thomas E. Blalock Vice President of Investor Relations (407) 650-0593