EXHIBIT 10.1

AGREEMENT REGARDING REVOLVING COMMITMENT INCREASES

THIS AGREEMENT REGARDING revolving commitment increases (this “Agreement”) dated
as of January 27, 2015 (the “Agreement”), is executed by each of the existing
Revolving Lenders under (and as defined in) the Credit Agreement (as defined
below) a signatory hereto (the “Increasing Lenders”), WELLS FARGO BANK, NATIONAL
ASSOCIATION, as Administrative Agent (the “Administrative Agent”), PARKWAY
PROPERTIES LP, a limited partnership formed under the laws of the State of
Delaware (the “Borrower”), and PARKWAY PROPERTIES, INC., a corporation
incorporated under the laws of the State of Maryland (the “Parent”).

WHEREAS, the Borrower, the Parent, the financial institutions from time to time
party thereto as “Lenders”, the Administrative Agent, and the other parties
thereto, have entered into that certain Amended, Restated and Consolidated
Credit Agreement dated as of April 1, 2014 (as amended, restated, supplemented
or otherwise modified from time to time, the “Credit Agreement”);

WHEREAS, pursuant to Section 2.16 of the Credit Agreement, the Borrower has
requested that the aggregate amount of the Revolving Commitments (as defined in
the Credit Agreement) be increased; and

WHEREAS, each Increasing Lender is willing to increase the amount of such
Increasing Lender’s Revolving Commitment on the terms set forth herein; and

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which hereby are acknowledged by the parties hereto, the parties hereto
hereby agree as follows:

Section 1. Revolving Commitment Increases. Upon the effectiveness of this
Agreement (a) the Borrower, the Parent and each Increasing Lender acknowledge
and agree that the amount of such Increasing Lender’s Revolving Commitment shall
be increased to the amount set forth for such Increasing Lender on Schedule I as
such Lender’s “Revolving Commitment Amount”.

Section 2. Conditions Precedent. The effectiveness of this Agreement, including
without limitation, the increases of the Revolving Commitments under the
immediately preceding Section 1, is subject to receipt by the Administrative
Agent of each of the following, each in form and substance satisfactory to the
Administrative Agent:

(a)    a counterpart of this Agreement duly executed by the Borrower, the
Parent, the Administrative Agent, and each of the Increasing Lenders;

(b)    Revolving Notes executed by the Borrower, payable to each Increasing
Lender requesting a Revolving Note in the amount of such Increasing Lender’s
Revolving Commitment, as applicable, set forth on Schedule I hereto;

(c)    an Acknowledgement substantially in the form of Exhibit A attached
hereto, executed by each Guarantor;

(d)    evidence that all fees, expenses and reimbursement amounts due and
payable to the Administrative Agent and the Increasing Lenders have been paid;
and

(e)    such other documents, instruments and agreements as the Administrative
Agent may reasonably request.

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Section 3. Representations of Parent and Borrower . Each of the Parent and the
Borrower represents and warrants that (x) no Default or Event of Default shall
be in existence immediately after giving effect to the increases in the
Revolving Commitments effected hereby and (y) the representations and warranties
made or deemed made by the Parent, the Borrower or any other Loan Party in any
Loan Document to which such Loan Party is a party shall be true and correct in
all material respects (except in the case of a representation or warranty
qualified by materiality, in which case such representation or warranty shall be
true and correct in all respects) immediately after giving effect to the
increases in the Revolving Commitments effected hereby except to the extent that
such representations and warranties expressly relate solely to an earlier date
(in which case such representations and warranties shall have been true and
correct in all material respects (except in the case of a representation or
warranty qualified by materiality, in which case such representation or warranty
shall have been true and correct in all respects) on and as of such earlier
date) and except for changes in factual circumstances specifically and expressly
permitted under the Credit Agreement.

Section 6. Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF NEW YORK APPLICABLE TO CONTRACTS EXECUTED, AND TO
BE FULLY PERFORMED, IN SUCH STATE.

Section 7. Counterparts. This Agreement may be executed in any number of
counterparts each of which, when taken together, shall constitute one and the
same agreement.

Section 8. Headings. Section headings have been inserted herein for convenience
only and shall not be construed to be a part hereof.

Section 9. Amendments; Waivers. This Agreement may not be amended, changed,
waived or modified except by a writing executed by each of the Increasing
Lenders, the Administrative Agent, the Parent and the Borrower.

Section 10. Expenses. The Borrower shall reimburse the Administrative Agent upon
demand for all costs and expenses (including attorneys’ fees) incurred by the
Administrative Agent in connection with the preparation, negotiation and
execution of this Agreement and the other agreements and documents executed and
delivered in connection herewith.

Section 11. Benefits. This Amendment shall be binding upon and shall inure to
the benefit of the parties hereto and their respective successors and assigns.

Section 12. Definitions. Terms not otherwise defined herein are used herein with
the respective meanings given them in the Credit Agreement.

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IN WITNESS WHEREOF, the parties hereto have caused this Agreement Regarding
Revolving Commitment Increases to be executed as of the date first above
written.

WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent and as a
Revolving Lender

By:
/s/ Andrew W. Hussion        

Name: Andrew W. Hussion
Title: Director

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

PNC BANK, NATIONAL ASSOCIATION,
as a Revolving Lender

By:
/s/ Ken Carl            

Name: Ken Carl
Title: Senior Vice President

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

BANK OF AMERICA, N.A.,
as a Revolving Lender

By:
/s/ Michael W. Edwards        

Name: Michael W. Edwards
Title: Senior Vice President

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

U.S. BANK NATIONAL ASSOCIATION,
as a Revolving Lender

By:
/s/ J. Lee Hord                

Name: J. Lee Hord
Title: Senior Vice President

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

JPMORGAN CHASE BANK, N.A.,
as a Revolving Lender

By:
/s/ Rita Lai                

Name: Rita Lai
Title: Authorized Signer

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

KEYBANK NATIONAL ASSOCIATION,
as a Revolving Lender

By:
/s/ Daniel R. Heberle        

Name: Daniel R. Heberle
Title: Co-Head/National Executive

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

ROYAL BANK OF CANADA,
as a Revolving Lender

By:
/s/ Brian Gross            

Name: Brian Gross
Title: Authorized Signatory

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

BARCLAYS BANK PLC,
as a Revolving Lender

By:
/s/ Christine Aharonian                

Name: Christine Aharonian
Title: Vice President

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

MORGAN STANLEY BANK, N.A.,
as a Revolving Lender

By:
/s/ Michael King        

Name: Michael King
Title: Authorized Signatory

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

TD BANK, N.A.,
as a Revolving Lender

By:
/s/ Sean C. Dunne        

Name: Sean C. Dunne
Title: Vice President

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

RAYMOND JAMES BANK, N.A.,
as a Revolving Lender

By:
/s/ James M. Armstrong        

Name: James M. Armstrong
Title: Senior Vice President

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

TRUSTMARK NATIONAL BANK,
as a Revolving Lender

By:
/s/ Zack Nordan                

Name: Zack Nordan
Title: Vice President

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[Signature Page to Agreement Regarding Commitment Increases for Parkway
Properties LP]

Acknowledged and Accepted as of the
date first written above.

PARKWAY PROPERTIES LP

By: Parkway Properties General Partners, Inc., its sole general partner
By:
/s/ Jeremy R. Dorsett    

Name: Jeremy R. Dorsett
Title: Executive Vice President, General
Counsel and Secretary

By:
/s/ David R. O’Reilly    

Name: David R. O’Reilly
Title: Executive Vice President and
Chief Financial Officer

PARKWAY PROPERTIES, INC.

By:
/s/ Jeremy R. Dorsett    

Name: Jeremy R. Dorsett
Title: Executive Vice President, General
Counsel and Secretary

By:
/s/ David R. O’Reilly    

Name: David R. O’Reilly
Title: Executive Vice President and
Chief Financial Officer

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SCHEDULE I

Revolving Commitments

Increasing Lenders
Revolving Commitment
Wells Fargo Bank, National Association
$58,500,000
PNC Bank, National Association
$58,500,000
Bank of America, N.A.
$51,000,000
U.S. Bank National Association
$42,500,000
JPMorgan Chase Bank, N.A.
$40,000,000
KeyBank National Association
$40,000,000
Royal Bank of Canada
$40,000,000
Barclays Bank PLC
$30,000,000
Morgan Stanley Bank, N.A.
$30,000,000
TD Bank, N.A.
$27,500,000
Raymond James Bank, N.A.
$15,000,000
Trustmark National Bank
$14,500,000

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EXHIBIT A

FORM OF GUARANTOR ACKNOWLEDGEMENT

THIS GUARANTOR ACKNOWLEDGEMENT dated as of January __, 2015 (this
“Acknowledgement”) executed by each of the undersigned (the “Guarantors”) in
favor of Wells Fargo Bank, National Association, as Administrative Agent (the
“Administrative Agent”) and each “Lender” a party to the Credit Agreement
referred to below (the “Lenders”).

WHEREAS, Parkway Properties LP (the “Borrower”), Parkway Properties, Inc. (the
“Parent”), the Lenders, the Administrative Agent and certain other parties have
entered into that certain Amended Restated and Consolidated Credit Agreement
dated as of April 1, 2014 (as amended, restated, supplemented or otherwise
modified from time to time, the “Credit Agreement”);

WHEREAS, each of the Guarantors is a party to that certain Guaranty dated as of
April 1, 2014 (as amended, restated, supplemented or otherwise modified from
time to time, the “Guaranty”) pursuant to which they guarantied, among other
things, the Borrower’s obligations under the Credit Agreement on the terms and
conditions contained in the Guaranty;

WHEREAS, the Borrower, the Parent, the Administrative Agent and certain
Revolving Lenders (as defined in the Credit Agreement) are to enter into an
Agreement Regarding Revolving Commitment Increases dated as of the date hereof
(the “Agreement”), to provide for increases in the amount of such Revolving
Lenders’ respective Revolving Commitments (as defined in the Credit Agreement)
on the terms and conditions contained therein; and

WHEREAS, it is a condition precedent to the effectiveness of the Agreement that
the Guarantors execute and deliver this Acknowledgement.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged by the parties hereto, the parties hereto agree
as follows:

Section 1. Reaffirmation. Each Guarantor hereby reaffirms its continuing
obligations to the Administrative Agent and the Lenders under the Guaranty and
agrees that the transactions contemplated by the Amendment shall not in any way
affect the validity and enforceability of the Guaranty, or reduce, impair or
discharge the obligations of such Guarantor thereunder.

Section 2. Governing Law. THIS ACKNOWLEDGEMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO
CONTRACTS EXECUTED, AND TO BE FULLY PERFORMED, IN SUCH STATE.

Section 3. Counterparts. This Acknowledgement may be executed in any number of
counterparts, each of which shall be deemed to be an original and shall be
binding upon all parties, their successors and assigns.

[Signatures on Next Page]

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IN WITNESS WHEREOF, each Guarantor has duly executed and delivered this
Guarantor Acknowledgement as of the date and year first written above.

THE GUARANTORS:

PARKWAY PROPERTIES, INC.

By: _______________________________    
Name: __________________________    
Title: ___________________________    

By: _______________________________    
Name: __________________________    
Title: ___________________________    

PARKWAY PROPERTIES GENERAL PARTNERS, INC.

By: _______________________________    
Name: __________________________    
Title: ___________________________    

By: _______________________________    
Name: __________________________    
Title: ___________________________    
    

PARKWAY JHLIC LP

By:
Parkway Properties General Partners, Inc., its sole general partner

By: _______________________________    
        Name: __________________________    
        Title: ___________________________    

By: _______________________________    
         Name: __________________________    
         Title: ___________________________    

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PARKWAY REALTY SERVICES, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: _______________________________    
             Name: __________________________    
             Title: ___________________________    

By: _______________________________    
             Name: __________________________    
             Title: ___________________________    

PARKWAY LAMAR LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: _______________________________    
             Name: __________________________    
             Title: ___________________________    

By: _______________________________    
             Name: __________________________    
             Title: ___________________________    

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PARKWAY 214 N. TRYON, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

PARKWAY 525 N. TRYON, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

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PARKWAY TOWER PLACE 200, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

PKY 222 S. MILL, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

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PKY 400 NORTH BELT, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

PKY 1300 RIVERPLACE, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

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PKY 1250 SAM HOUSTON, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

PKY 1325 DAIRY ASHFORD, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

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PKY 40867 LAKE FOREST, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

PKY BRICKELL, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

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PKY CARLTON, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

PKY CYP4, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

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PKY FUND II ORLANDO I, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

PKY MILLENIA, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

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PKY SQUAW PEAK, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

PKY WOODBRANCH, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

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PARKWAY 550 SOUTH CALDWELL, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

PKY FUND II TAMPA I, LLC

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    

By: ___________________________________    
             Name: __________________________    
            Title: ___________________________    
    

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EOLA CAPITAL LLC

By:
Eola Office Partners LLC, its sole member

By:
Parkway Properties LP, its sole member

By:
Parkway Properties General Partners, Inc., its sole general partner

By: ____________________________    
             Name: __________________    
             Title: ____________________    

By: ____________________________    
             Name: __________________    
             Title: ____________________    

Address for Notices:

c/o Parkway Properties, Inc.
390 North Orange Avenue, Suite 2400
Orlando, FL 32801
Attention:  Chief Financial Officer
Telecopy Number:  (407) 650-0597
Telephone Number:  (407) 650-0593

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[Signature Page to Guarantor Acknowledgement]

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BORROWER:

PARKWAY PROPERTIES LP,
a Delaware limited partnership
By:    Parkway Properties General Partners, Inc.,
its sole general partner

By:_______________________________    
Name:__________________________
Title:___________________________    

By:_______________________________    
Name:__________________________
Title:___________________________

[Signature Page to Guarantor Acknowledgement]

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