Parkway Announces Quarterly Dividend

ORLANDO, Fla., Aug. 15, 2013 /PRNewswire/ -- Parkway Properties, Inc. (NYSE:PKY) announced today that its Board of Directors declared a quarterly dividend of $0.15 per share payable on September 25, 2013 to shareholders of record for Common Stock on September 11, 2013.  This dividend is the 108th consecutive quarterly distribution to Parkway's shareholders of Common Stock and represents an annualized dividend rate of $0.60 per share.

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About Parkway Properties

Parkway Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust specializing in the acquisition, ownership and management of quality office properties in higher growth submarkets in the Sunbelt region of the United States.  Parkway owns or has an interest in 46 office properties located in eight states with an aggregate of approximately 13.3 million square feet at July 1, 2013.  Parkway also offers fee-based real estate services which manage and/or lease approximately 11.8 million square feet for third parties as of July 1, 2013.  Additional information about Parkway is available on the Company's website at www.pky.com.     

Contact:
Thomas E. Blalock
Vice President of Investor Relations
(407) 650-0593

SOURCE Parkway Properties, Inc.