December 9, 2025 - Parkway, a privately held real estate investment, operations, and development firm with a presence in Phoenix, Miami, Tampa, Orlando, Jacksonville, and Houston, today announced several key leadership promotions that strengthen its executive team and position the company for continued growth across its office, industrial, and multifamily platforms throughout the Sunbelt.
Parkway has appointed Matt Mooney as Chief Executive Officer and Principal. Mooney has served as Chief Operating Officer since 2023, having rejoined Parkway in 2021 as Senior Vice President of Investments and Operations. His career includes senior leadership roles at Cousins Properties, Inc. (NYSE: CUZ), where he led the Atlanta office overseeing more than 7 million square feet of high-rise urban office product. Mooney began his real estate career at Parkway’s predecessor company, Parkway Properties, Inc. (NYSE: PKY), where he helped drive transformative market expansion, acquiring or developing 70 percent of the Class A office product in Tempe, Arizona.
Mooney is also active in community and industry leadership, currently serving as President of the Phoenix Thunderbirds Charities Organization and Chair of ULI–Arizona’s Industrial and Office Product Council.
“Matt has had success at each step of his career, building industry-leading, award-winning teams across the Sunbelt, whether in Phoenix, Atlanta, or Houston,” said Jim Heistand, Executive Chairman of Parkway. “His deep relationships across our markets and his proven leadership make him more than prepared to lead this next chapter for Parkway.”
In addition to Mooney’s appointment, Parkway has promoted two longtime leaders, John Kosciulek and Phil Marchese, to Principals.
Kosciulek, Parkway’s Chief Financial Officer, leads all financial operations for the firm, including corporate and portfolio-level accounting, financial reporting, budgeting, treasury functions, and systems infrastructure. He has been with Parkway and its predecessor companies for nearly 25 years.
“John has an incredible track record of success at Parkway across nearly a quarter century,” said Heistand. “His leadership of our financial operations and accounting teams, across both our public and private eras, has become a key differentiator as we continue to expand our third-party accounting and asset management services.”
Marchese, Sr. Managing Director, has led Parkway’s Florida market for more than six years, overseeing office operations and driving the expansion of the firm’s industrial and multifamily development pipeline across the state.
“Phil has done a fantastic job leading our Florida market,” said Matt Mooney, CEO and Principal. “During his tenure, we have consistently performed for existing partners while also advancing new office partnerships and accelerating our industrial and multifamily initiatives across Florida.”
Parkway’s expanded leadership team, combined with its active development and acquisition strategy, positions the firm to drive continued growth, create value for partners, and shape premier office, industrial, and multifamily assets across the Sunbelt.
Parkway is a privately held real estate investment firm specializing in office, industrial, and multifamily assets in high-growth Sunbelt markets. With a legacy of success spanning decades, Parkway has acquired over $4 billion in diversified assets and continues to deliver exceptional results through its comprehensive, full-service platform. The firm currently has 15 million square feet of assets under management. For more information, visit www.pky.com
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