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| 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 Limited Partnership              | 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 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       |
| Parkway Atlanta Charlotte Office, LLC                 | Delaware       |
| PKY Fund II Atlanta I, LLC                            | Delaware       |
| PKY Fund II Charlotte I, LLC                          | Delaware       |
| PKY Fund II Smyrna I, LLC                             | Delaware       |
| PKY Fund II Buckhead, LLC                             | Delaware       |