Jim Heistand served as President and Chief Executive Officer of Parkway Properties, Inc., a NYSE-listed office REIT headquartered in Orlando, Florida from January 2012 until October 12, 2017. Parkway merged with Cousins Properties in October 2016 and the Houston assets of both companies were spun out to Parkway. A joint venture with the CPPIB and Teachers was created for 57% of this portfolio in early 2017. Then in October 2017, took the company private with CPPIB and he now serves as Chairman with a controlling interest in the entity. Parkway, now as a private entity, operates and owns approximately 28 mm square feet of office properties valued at over $4 billion. With Mr. Heistand as President and CEO, Parkway Properties experienced tremendous growth and strategic realignment focusing on building a premier portfolio of office properties in the Sunbelt. Under his leadership since 2012, Parkway:
Mr. Heistand joined Parkway as Chairman in 2011 through the company’s merger with Eola Capital. As Eola’s founder and chairman since its inception in 1999, he was responsible for the acquisition of $1.3 billion of office assets backed by PSP, GE Capital, Lehman Brothers and others that included 13.3 million square feet in Florida, Atlanta and Virginia.
Mr. Heistand served as chairman of DASCO with his purchase of the company, an owner, developer and operator of medical office buildings throughout the United States, from 1999 until its sale to CNL Assisted Living REIT in 2004.
In 1989, Mr. Heistand founded and served as chairman and CEO of Associated Capital Properties, Inc., an office and investment company focused in Florida. He directed all areas of the company’s operations, including its strategic planning, acquisitions, development and financings, until its sale in 1997 to Highwoods Properties. ACP had grown to be the largest private owner of office properties in Florida. Jim subsequently served as a senior vice president for Highwoods from 1997 to 1999 and as a member of its board of directors.
Prior to forming ACP, Mr. Heistand was President of Major Realty in 1987, a publicly traded real estate company.
Mr. Heistand graduated from the University of Florida with a Bachelor of Science in Real Estate Finance, and he started his career in 1976 at Coopers & Lybrand as an internal auditor. Mr. Heistand is a member of the Chairman’s Circle of the real estate advisory board for the Warrington College of Business Administration at the University of Florida and is a recipient of the UF Bergstrom Center Hall of Fame Award in 2016.
Jayson serves as CEO of Parkway, bringing more than 20 years of commercial real estate investment, operation, and development experience. In his current role, Jayson oversees all aspects of Parkway’s business, including investments, development, asset management, leasing, and property management for Parkway’s owned assets and third-party relationships.
During his tenure at Parkway, Jayson has been closely involved with several billion dollars of commercial real estate transactions, including four strategic mergers and acquisitions. Jayson first joined Parkway as a summer intern, started working for Parkway full-time in 2001, and has filled no fewer than ten different positions since, while living in five different cities.
Immediately prior to his current role, Jayson served as COO and CIO for Strive Communities, a private equity-owned operator of manufactured housing communities.
Jayson received an MBA from the Darden Graduate School of Business Administration at the University of Virginia, where he received the William Michael Shermet Award for academic excellence, the Faculty Award for Academic Excellence, and was elected to the Raven Society. He also received a Bachelor of Science degree from Washington and Lee University in 2001.
Outside of work, Jayson enjoys spending time with his wife Catie and his children, Audrey, Michael and Charlotte.
Matt oversees Parkway’s operations, pursues new investment and development opportunities, and plays an integral role in managing the company’s investor relationships.
Responsible for all legal and corporate governance matters for Parkway. Noni has 10+ years of experience representing REIT and other real estate companies and joined Parkway in 2014.
Bringing 15+ years of expertise, John manages the day-to-day accounting functions for all of our properties.
John oversees our Southeast markets and brings more than 25 years of leasing, asset management, and development experience to his role as Senior Managing Director.
Phil brings 12+ years of office experience to the team and is responsible for leasing, property management, and asset repositioning throughout Florida.
Matt brings nearly 20 years of commercial real estate and property management experience to his role of operational insight in Houston.
Managing Director Eric Siegrist brings nearly two decades of experience and an accumulation of well over a billion dollars in lease transactions to his role.
With over 15+ years of real estate experience, Kevin focuses on new investments, asset management, and financing initiatives.
Christopher is responsible for sourcing new investment and development opportunities across the Sun Belt and Mountain West. He brings 12+ years of experience to the team in acquisitions, development, asset management, leasing and investor relations.
Zain Sayed serves as a Managing Director at Parkway, bringing deep experience in investing and managing institutional commercial real estate capital. Zain leads our portfolio and asset management efforts, including asset performance, investment strategy, recapitalizations, and dispositions. In addition, Zain manages the development and implementation of data-driven investment strategies to enhance investment decisions and asset-level execution.
Whit brings a strong track record spanning over 35 years in the real estate industry to his role of overseeing our development projects throughout the U.S.