| ** **

** **

**List of Subsidiaries**       |  

 

**Exhibit 21** |
|--------------------------------------------------------|--------------------------------|
|                                                        |                                |
|                                                        |                                |
| **Name**                                               | **State**                      |
|                                                        |                                |
|                                                   |                           |
| **Corporations:**                                      |                                |
| Golf Properties, Inc.                                  | North Carolina                 |
| Jackson Place Manager, Inc.                            | Delaware                       |
| Parkway 233 North Michigan  Manager, Inc.              | Delaware                       |
| Parkway One Capital Manager,  Inc.                     | Delaware                       |
| Parkway Orlando Manager, Inc.                          | Delaware                       |
| Parkway Properties General  Partners, Inc.             | Delaware                       |
| Parkway Properties One Park Ten  General Partner, Inc. | Delaware                       |
|                                                        |                                |
|                                                   |                           |
| **Partnerships:**                                      |                                |
| 111 Capitol Building LP                                | Mississippi                    |
| 111 East Wacker LLC                                    | Delaware                       |
| Chicago OfficeInvest LLC                               | Delaware                       |
| Jackson Place LLC                                      | Delaware                       |
| Jackson Place Parking LLC                              | Delaware                       |
| Jackson Place Residences LLC                           | Delaware                       |
| Moore Building Associates LP                           | Delaware                       |
| Moore Garage LLC                                       | Delaware                       |
| OJP Owner LLC                                          | Delaware                       |
| Parkway 2100 Ross LLC                                  | Delaware                       |
| Parkway 233 North Michigan LLC                         | Delaware                       |
| Parkway Capitol Center LLC                             | Delaware                       |
| Parkway Chicago LLC                                    | Delaware                       |
| Parkway Jackson LLC                                    | Mississippi                    |
| Parkway JHLIC LP                                       | Delaware                       |
| Parkway Lamar LLC                                      | Mississippi                    |
| Parkway Mississippi LLC                                | Mississippi                    |
| Parkway Moore LLC                                      | Delaware                       |
| Parkway One Capital City Plaza  LLC                    | Delaware                       |
| Parkway One Capital LLC                                | Delaware                       |
| Parkway Orlando LLC                                    | Delaware                       |
| Parkway Properties LP                                  | Delaware                       |
| Parkway Properties Office Fund  LP                     | Delaware                       |
| Parkway Properties Office Fund  II LP                  | Delaware                       |
| Parkway Properties One Park Ten LP                     | Delaware                       |
| Parkway Realty Services LLC                            | Delaware                       |
| Parkway Realty Services of Illinois LLC                | Delaware                       |
| Pinnacle Place LLC                                     | Delaware                       |
| PKY Fund LLC                                           | Delaware                       |
| PKY Fund I LLC                                         | Delaware                       |
| PKY Fund II LLC                                        | Delaware                       |
| PKY Fund Atlanta I LLC                                 | Delaware                       |
| PKY Fund Atlanta II LLC                                | Delaware                       |
| PKY Fund Chicago I LLC                                 | Delaware                       |
| PKY Fund Chicago II LLC                                | Delaware                       |
| PKY Fund Memphis I LLC                                 | Delaware                       |
| PKY Fund Houston I LLC                                 | Delaware                       |
| PKY Fund Orlando I LLC                                 | Delaware                       |
| PKY Fund Phoenix I LLC                                 | Delaware                       |
| PPOF II LLC                                            | Delaware                       |
| Parkway Hancock Texas Manager,  LLC                    | Delaware                       |
| Parkway Hancock Texas, LLC                             | Delaware                       |
| Parkway Fund II Austin I, LLC                          | Delaware                       |

----