Comment on Parkway Properties sells $179 million worth of Houston real estate

Parkway Properties sells $179 million worth of Houston real estate

Houston office buildings made up nearly 30 percent of the value of Parkway Properties' latest selling spree. Since January 2015, the company has sold $624 million in properties, including $179 million in Houston, according to a quarterly earnings report released Monday. The sales are part of the Orlando-based company's strategy to focus on bigger office buildings. The sales leave Parkway Properties with a portfolio that is 92.7 percent leased overall.

 

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