Parkway Selected for National Best Place to Work List for Third Consecutive Year

JACKSON, Miss., Sept. 8 /PRNewswire/ -- The 7th Annual Great Place to Work® Rankings: 2010 Best Small & Medium Workplaces Presented by Entrepreneur® was announced today, and Parkway Properties, Inc. ranked 20th on the medium list. The list represents the best workplaces separated into two categories: small companies with 50-250 employees and medium companies with 251-999 employees. Great Place to Work® Institute, based in San Francisco, produces the Best Small & Medium Workplaces list each year.

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Steven G. Rogers, President and Chief Executive Officer of Parkway Properties, Inc. stated, "We are humbled to be included for the fourth time and for the third consecutive year in this nationwide selection process.  After receiving comprehensive feedback from our employees, the results speak to the high level of trust and mutual respect at Parkway.  Our team works hard to create the culture we have – a culture that results in higher customer satisfaction and retention.  Congratulations to our teammates across the country and thank you for all that you do."

Parkway Properties, Inc. was selected as a winner for this list by participating in the Great Place to Work® Institute's selection process which includes a survey of Parkway Properties, Inc.'s employees based on the Trust Index© and the completion of a questionnaire by Parkway Properties, Inc. about programs and company practices. The Great Place to Work® Institute evaluated the company based on five areas: credibility, respect, fairness, pride and camaraderie. The Institute's unique methodology measures the level of trust that exists between employees and management, the pride employees express about the company and the camaraderie employees share.

"Trust-based workplace cultures make a better place to work for employees and create a competitive advantage for the organization," said Ricardo Lange, President of Great Place to Work® Institute. "All of the companies selected for the Great Place to Work® Rankings: 2010 Best Small & Medium Workplaces Presented by Entrepreneur® have cultivated a trust based work culture and have accomplished a lot of hard work in order to make it onto the list."

Selection as a winner benefits the organization in many ways, including better financial performance, less employee turnover, higher levels of customer satisfaction and loyalty, greater innovative thinking and creativity, higher productivity, and enhanced public perception.

To see the complete list, visit www.entrepreneur.com/greatplaces. Entrepreneur.com is creating a dynamic online space where the list will be housed for an entire year.  The list will also be available on Great Place to Work® Institute's website.  To learn more about how to build a high-trust workplace culture, visit www.greatplacetowork.com, or to learn more about Parkway Properties, Inc. visit www.pky.com.

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 64 office properties located in 11 states with an aggregate of approximately 13.2 million square feet of leasable space as of September 8, 2010.  Included in the portfolio are 21 properties totaling 3.9 million square feet that are owned jointly with other investors, representing 29.3% 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 2.8 million square feet for third-party owners at September 8, 2010.

ABOUT GREAT PLACE TO WORK® INSTITUTE: Great Place to Work® Institute has been studying and identifying best companies for more than 25 years. Great Place to Work® Institute's proprietary methodology and assessment tools examine the level of trust at an organization. Visit www.greatplacetowork.com to learn more about our trust assessments and Best Companies to Work For lists.

ABOUT ENTREPRENEUR MEDIA INC.: Entrepreneur Media Inc. is the premier content provider for and about entrepreneurs. Our products engage and inspire every day with the advice, solutions and resources that fuel the bold and independent way entrepreneurs think. After 33 years, nobody reaches more growing businesses. As the original magazine for the small and midsize business community, Entrepreneur® continues to be the definitive guide to all the diverse challenges of business ownership. Entrepreneur.com is the most widely used website by entrepreneurs and emerging businesses worldwide. Entrepreneur Press publishes the books that turn entrepreneurial skills into business success. To learn more, visit www.entrepreneur.com.

SOURCE Parkway Properties, Inc.