Parkway Realty Services, LLC. (PRS), a strategic leasing and professional management services firm, today announced the addition of leasing industry veteran, Mark Preston, to the PRS Houston team of real estate professionals.
Wednesday, July 08, 2009 HOUSTON, TX. - July 8, 2009 - Parkway
Realty Services, LLC. (PRS), a strategic leasing and professional
management services firm, today announced the addition of leasing
industry veteran, Mark Preston, to the PRS Houston team of real
estate professionals. As Managing Director, Mark will develop and
oversee the growth of the PRS Houston office, as well as assume
responsibility for business development, hands-on marketing, and
leasing for properties owned by Parkway Properties, Inc. in
Houston. Prior to joining PRS, Mark was Senior Vice President of
Owner Representation with the Office Services Division of Moody
Rambin Interests where he was responsible for commercial office
marketing, leasing, and comprehensive owner representation. Prior
to joining Moody Rambin Interests, Mark was Senior Vice President
Office Group with Grubb & Ellis Company for over 20 years.
Mark´s successful career in commercial office leasing has resulted
in the completion of numerous major office marketing and leasing
assignments in New Orleans, Houston, and New York. Mark´s client
list includes such well known firms as: ExxonMobil, Interfin
Corporation, Koch Industries, John Hancock Insurance, State Farm
Insurance, and Teacher's Pension Fund. "Mark is a proven dealmaker.
Over his 35-year career, Mark has successfully leased over 37
million square feet of Class-A office space. We plan to leverage
Mark´s proven expertise and reputation for successfully leasing and
marketing Class-A office buildings to expand the PRS footprint
nationally, beginning in Houston. Mark's skills will augment the
strong Parkway team of real estate professionals in Houston, which
is led by Mitch Mattingly and Mike Fransen." said Steven G. Rogers,
President and Chief Executive Officer of Parkway Properties, Inc.
About PRS Founded in 1983, Parkway Realty Services (PRS) is a
commercial real estate services and advisory firm that serves the
needs of private and public companies and individual investors that
own or invest in Class-A office buildings. PRS offers expert
commercial real estate advice, professional property management
services, and strategic marketing and leasing services aimed at
increasing net operating income and maximizing profit upon exit.
PRS is a wholly-owned subsidiary of Parkway Properties, Inc. and
has offices in the major markets of Houston, Atlanta, Chicago, and
Phoenix, as well as other secondary markets. It employs over 200
employees in these markets. Additional information about PRS is
available at www.prs-realty.com. About Parkway Properties, Inc.
Parkway Properties, Inc., a member of the S&P Small Cap 600
Index, is a self-administered real estate investment trust
specializing in the operation, leasing, acquisition, and ownership
of office properties. The Company is geographically focused on the
Southeastern and Southwestern United States and Chicago. Parkway
owns or has an interest in 65 office properties located in 11
states with an aggregate of approximately 13.4 million square feet
of leasable space at July 8, 2009. Included in the portfolio are 21
properties totaling 3.9 million square feet that are owned jointly
with other investors, representing 28.8% of the portfolio.
Fee-based real estate services are offered through the Company's
wholly-owned subsidiary, Parkway Realty Services, which also
manages and/or leases approximately 1.9 million square feet for
third parties at July 8, 2009. Additional information about Parkway
is available at www.pky.com.