Parkway sells office projects

Assets located in Southwest, Southeast
Published on Sep 16, 2005

Parkway Properties recently sold two office properties located in Phoenix, Ariz., and Greenville, S.C. The total value of the transactions was $21.5 million. Parkway sold The Park at Camelback in Phoenix for $17.5 million. The Park is a 102,000-square-foot project consisting of five two-story buildings. The complex was constructed in 1981 on a six-acre site at the intersection of Camelback Road and 44th Street. Parkway also sold the 250 Commonwealth Building in Greenville for $4 million. The 46,000-square-foot, two-story building was constructed in 1986. Parkway Properties Inc. is a self-administered real estate investment trust specializing in office properties. *** What's your opinion? Send your Letter to the Editor to [email protected]...

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