ORLANDO—When Parkway Properties targeted a trio of class A office properties in Tampa'sWestshore submarket a few weeks ago as part of a $475 millionacquisition, the company made it clear it had plans to sell 19 ofthe buildings that came in the portfolio. It didn't take long forParkway to make good on that promise.

The company is selling 19 office buildings for$237 million. That puts the price of Corporate Center I, II, andIII at International Plaza in Tampa at about $238 million.

"The successful disposition of the 19 officebuildings that were included in our recently announced portfolioacquisition will allow us to achieve our ultimate goal of acquiringthe three Corporate Center assets in Tampa, where we believe we canadd considerable value,” says James R. Heistand,president and CEO of Parkway. “This transaction is yet anotherexample of our commitment to source and structure transactions thatresult in Parkway's acquisition of high-quality properties atfavorable pricing."