Parkway Announces $1.2 Billion Sale Agreement with Canada Pension Plan

Parkway, Inc. (NYSE: PKY) said June 30 it has agreed to be sold to the Canada Pension Plan Investment Board (CPPIB) for $1.2 billion.

Parkway’s portfolio consists of the Houston-based assets that were spun off into a new REIT following the 2016 merger between Cousins Properties Inc. (NYSE: CUZ) and Parkway Properties, Inc.
Source: RSS Reit

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