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Parkway Properties
Parkway Properties, Inc. was a real estate investment trust that invested in office buildings in the Sun Belt. In 2016, the company was acquired by Cousins Properties. Notable properties owned by the company included Liberty Place, Phoenix Tower, San Felipe Plaza in Houston Raymond James Tower in Memphis, Tennessee and The Murano in Philadelphia. The company was formed on May 17, 1996. In 2011, the company acquired the property management business of Eola Capital and its ownership stake in 6 properties for $462 million. In 2012, the company acquired Hearst Tower for $250 million. The company also sold 15 properties in Memphis Memphis most commonly refers to: * Memphis, Egypt, a former capital of ancient Egypt * Memphis, Tennessee, a major American city Memphis may also refer to: Places United States * Memphis, Alabama * Memphis, Florida * Memphis, Indiana * Memp ... for $147.5 million. References {{Reflist, 1 1996 establishments in Florida Financial services ...
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Cousins Properties
Cousins Properties Incorporated is a publicly traded real estate investment trust (REIT) that invests in office buildings in Atlanta, Charlotte, Austin, Phoenix, Tampa, and Chapel Hill, North Carolina. The company has developed notable properties including CNN Center, Omni Coliseum, 191 Peachtree Tower, and Emory Point in Atlanta. As of December 31, 2019, the company owned wholly or through joint ventures 38 properties comprising 21,767,000 square feet. History The company was founded in 1958 by Tom Cousins. In 1962, the company became a public company via an initial public offering. In 1965, the company built an office building in downtown Atlanta. In the 1970s, the company expanded into regional malls, real estate finance, and insurance but pared back after the economy softened. In 1987, Tom Cousins formed the Cousins Foundation and funded it with stock in the company. In 2002, Thomas Cousins retired from his position as CEO, but remained chairman of the board of direct ...
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Raymond James Tower
Raymond James Tower is a 21-story skyscraper and is the second tallest building in Memphis, Tennessee. The building is located at the corner of North Front Street and Jefferson Avenue and South Main Street. It is tall, including a spire, and has of office space.RJ tower
Parkway Properties . Retrieved September 19, 2010.
It is currently owned by Orlando, Florida based , which has owned the building since 1997. The company once owned six other buildings in Memphis, but has since sold them off. ...
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Financial Services Companies Established In 1996
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessme ...
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1996 Establishments In Florida
File:1996 Events Collage.png, From left, clockwise: A bomb explodes at Centennial Olympic Park in Atlanta, set off by a radical anti-abortionist; The center fuel tank explodes on TWA Flight 800, causing the plane to crash and killing everyone on board; Eight people die in a blizzard on Mount Everest; Dolly the Sheep becomes the first mammal to have been cloned from an adult somatic cell; The Port Arthur Massacre occurs on Tasmania, and leads to major changes in Australia's gun laws; Macarena, sung by Los del Río and remixed by The Bayside Boys, becomes a major dance craze and cultural phenomenon; Ethiopian Airlines Flight 961 crash-ditches off of the Comoros Islands after the plane was hijacked; the 1996 Summer Olympics are held in Atlanta, marking the Centennial (100th Anniversary) of the modern Olympic Games., 300x300px, thumb rect 0 0 200 200 Centennial Olympic Park bombing rect 200 0 400 200 TWA FLight 800 rect 400 0 600 200 1996 Mount Everest disaster rect 0 200 300 4 ...
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Memphis, Tennessee
Memphis is a city in the U.S. state of Tennessee. It is the seat of Shelby County in the southwest part of the state; it is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, Memphis is the second-most populous city in Tennessee, after Nashville. Memphis is the fifth-most populous city in the Southeast, the nation's 28th-largest overall, as well as the largest city bordering the Mississippi River. The Memphis metropolitan area includes West Tennessee and the greater Mid-South region, which includes portions of neighboring Arkansas, Mississippi and the Missouri Bootheel. One of the more historic and culturally significant cities of the Southern United States, Memphis has a wide variety of landscapes and distinct neighborhoods. The first European explorer to visit the area of present-day Memphis was Spanish conquistador Hernando de Soto in 1541. The high Chickasaw Bluffs protecting the location from the waters of the Mississipp ...
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Hearst Tower (Charlotte)
The Truist Center is a 47-story, skyscraper in Uptown Charlotte, North Carolina. The city's third tallest building, it is located along North Tryon Street. It was opened on November 14, 2002 it was the city's second tallest building, and was known as the "Hearst Tower" until 2019. The structure is composed of a 32-story tower resting atop a 15-floor podium. During Bank of America's occupancy in the building located in the podium was a three-story trading facility designed by Skidmore, Owings & Merrill and operated by Bank of America. The trading facility included a , two-story trading floor. Now the former trading floor is part of Truist's technology innovation center. The building is currently the headquarters of Truist Financial, which purchased the building in March 2020. Architecture The building's reverse floorplate"Muscular Hearst Tower flare skyward", ''The Charlotte Observer'', December 9, 2001. design makes the upper floors average compared to an average of only f ...
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American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering ...
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Property Management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business. Property management is the management of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition. An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then advertise th ...
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The Murano
The Murano is a residential skyscraper in Center City, Philadelphia. Part of a condominium boom occurring in the city, the Murano was announced in 2005 and was developed jointly by Thomas Properties Group and P&A Associates. The building, named after Murano, Italy, was completed in 2008 at a cost of US$165 million. The site, previously occupied by a parking lot, was the location of the Erlanger Theatre from 1927 to 1978. The blue glass and concrete, 43-story, skyscraper was designed by Solomon Cordwell Buenz and Associates. Murano's condos range between and and were designed to be loft-like with each featuring a balcony. The building features ground level retail space and an adjacent parking garage. Located in the Logan Square neighborhood of Center City, in a part that first saw residential development in 2002, the building struggled to fill its units during the late-2000s recession. In July 2009 the Murano's owners held a successful auction on forty of the building's un ...
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San Felipe Plaza
San Felipe Plaza is a 46-story tower west of the Uptown Houston district in Houston, Texas, United States. Designed by architect Richard Keating, the building was constructed in 1984 by Linbeck Construction Corporation and contains of leaseable space. The building is the 16th tallest in the city and is the second-tallest building outside of Downtown Houston. It is 2 miles from the Houston Galleria. History The building was completed in 1984. In 1993, Sanchez-O'Brien Oil & Gas leased an additional of space in the building. During that year other tenants included BHP Petroleum (the U.S. subsidiary of BHP), Maxxam, and Texas Commerce Bank-Tanglewood. The building had served as the U.S. headquarters of BHP. Later in 1993, BHP announced that it was moving its U.S. headquarters, including 200 clerical and professional employees, from San Felipe Plaza to the Cigna Tower in Four Oaks Place. The Consulate of Canada in Houston opened in the building in 2003. In 2014, AkinMears leased ...
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Orlando, Florida
Orlando () is a city in the U.S. state of Florida and is the county seat of Orange County, Florida, Orange County. In Central Florida, it is the center of the Greater Orlando, Orlando metropolitan area, which had a population of 2,509,831, according to United States Census Bureau, U.S. Census Bureau figures released in July 2017, making it the List of Metropolitan Statistical Areas, 23rd-largest metropolitan area in the United States, the sixth-largest metropolitan area in the Southern United States, and the third-largest metropolitan area in Florida behind Miami and Tampa, Florida, Tampa. Orlando had a population of 307,573 in the 2020 census, making it the List of United States cities by population, 67th-largest city in the United States, the fourth-largest city in Florida, and the state's largest inland city. Orlando is one of the most-visited cities in the world primarily due to tourism, major events, and convention traffic; in 2018, the city drew more than 75 million v ...
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Phoenix Tower (Houston)
Phoenix Tower is a 434 ft (132m) tall skyscraper in Houston, Texas. It was completed in 1984 and has 34 floors. It is the 36th tallest building in the city. The Phoenix Tower is adjacent to Greenway Plaza and located in an area between Downtown Houston and Uptown. A Jack Nicklaus-designed nine-hole putting green is on top of the building's parking garage, conceived by the building's owners as a way for tenants to relax in the middle of the day. The tower has of office space. The tower was purchased by Parkway Properties in December, 2012 for US$124.5 million. Trico Marine Services, a former corporate tenant, relocated its corporate headquarters to The Woodlands. Trico maintains a minor presence in the tower. In 2009 Trico sublet to the law firm Edison, McDowell & Hetherington. The Phoenix Tower was the former headquarters for Champion Technologies. After its acquisition by Ecolab, it formed the combined company of Nalco Champion. The new company will office a large part ...
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