content: <html>
  <head>
  <title></title>
  <!--Licensed to: Parkway Properties Inc.
      Document created using Disclosure Solutions PROFILE 1.1.0.0
      Copyright 1995 - 2012 Thomson Reuters Accelus.  All rights reserved.-->
  </head>
  <body style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" bgcolor="#ffffff" text="#000000">
  <div>
  <div id="DSPFPageHeader"></div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 18pt; FONT-WEIGHT: bold">UNITED STATES</div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 18pt; FONT-WEIGHT: bold">SECURITIES AND EXCHANGE COMMISSION</div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Washington, D.C. 20549</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; FONT-WEIGHT: bold"><u>__________________________</u></div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 16pt; FONT-WEIGHT: bold">FORM 8-K</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Current Report</div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>
  
  <div><br>
  </div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Date of Report (date of earliest event reported): &#160;October 12, 2012</div>
  
  <div><br>
  </div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt"><font style="FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 14pt; FONT-WEIGHT: bold"><u>PARKWAY PROPERTIES, INC</u></font><font style="FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt"><u>.</u></font></div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">(Exact Name of Registrant as Specified in its Charter)</div>
  
  <div><br>
  </div>
  
  <div><br>
  </div>
  
  <table style="WIDTH: 50%; FONT-FAMILY: 'Times New Roman', Times, Serif; FONT-SIZE: 10pt" border="0" cellspacing="0" cellpadding="0" align="center">
  <tr>
  <td style="WIDTH: 35.85%">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt"><u>Maryland</u></div>
  </td>
  <td style="WIDTH: 35.85%">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt"><u>1-11533</u></div>
  </td>
  <td style="WIDTH: 28.3%">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt"><u>74-2123597</u></div>
  </td>
  </tr>
  
  <tr>
  <td style="WIDTH: 35.85%">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">(State or Other Jurisdiction</div>
  </td>
  <td style="WIDTH: 35.85%">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">(Commission File Number)</div>
  </td>
  <td style="WIDTH: 28.3%">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">(IRS Employer</div>
  </td>
  </tr>
  
  <tr>
  <td style="WIDTH: 35.85%">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">of Incorporation)</div>
  </td>
  <td style="WIDTH: 35.85%">
  <div>&#160;</div>
  </td>
  <td style="WIDTH: 28.3%">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Identification No.)</div>
  </td>
  </tr>
  </table>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; MARGIN-LEFT: 4.5pt; FONT-SIZE: 12pt"><u>Bank of America Center, Suite 2400, 390 North Orange Avenue, Orlando, FL 32801</u></div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; MARGIN-LEFT: 4.5pt; FONT-SIZE: 12pt">(Address of Principal Executive Offices, including zip code)</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt"><u>(407) 650-0593</u></div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">(Registrant's telephone number, including area code)</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; MARGIN-LEFT: 4.5pt; FONT-SIZE: 12pt"><u>Not Applicable</u></div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">(Former name or former address, if changed since last report)</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: left; TEXT-INDENT: 36pt; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt">
  <table style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
  <tr>
  <td style="WIDTH: 36pt; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; VERTICAL-ALIGN: top; align: right">&#61551;</td>
  <td style="WIDTH: auto; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; VERTICAL-ALIGN: top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</td>
  </tr>
  </table>
  </div>
  
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt">
  <table style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
  <tr>
  <td style="WIDTH: 36pt; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; VERTICAL-ALIGN: top; align: right">&#61551;</td>
  <td style="WIDTH: auto; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; VERTICAL-ALIGN: top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</td>
  </tr>
  </table>
  </div>
  
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt">
  <table style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
  <tr>
  <td style="WIDTH: 36pt; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; VERTICAL-ALIGN: top; align: right">&#61551;</td>
  <td style="WIDTH: auto; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; VERTICAL-ALIGN: top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</td>
  </tr>
  </table>
  </div>
  
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 0pt">
  <table style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt" class="DSPFListTable" cellspacing="0" cellpadding="0">
  <tr>
  <td style="WIDTH: 36pt; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; VERTICAL-ALIGN: top; align: right">&#61551;</td>
  <td style="WIDTH: auto; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; VERTICAL-ALIGN: top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</td>
  </tr>
  </table>
  </div>
  
  <div><br>
  </div>
  
  <div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">&#160;</div>
  
  <div id="DSPFPageFooter">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Page 1&#160;of 2 Pages</div>
  
  <div style="MARGIN-TOP: 10pt; MARGIN-BOTTOM: 10pt; CLEAR: both" id="DSPFPageBreakArea">
  <hr style="PAGE-BREAK-AFTER: always; MARGIN: 4px 0px; WIDTH: 100%; HEIGHT: 2px; COLOR: #000000; CLEAR: both" id="DSPFPageBreak" noshade="noshade">
  </div>
  </div>
  
  <div id="DSPFPageHeader"></div>
  
  <div style="TEXT-ALIGN: left; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; FONT-WEIGHT: bold">ITEM 2.03. &#160;Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: justify; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">On October 10, 2012, the Company and certain of its subsidiaries, exercised $25 million of the $160 million accordion feature of its existing unsecured bank credit facility pursuant to Section&#160;2.15 of the Amended and Restated Credit&#160;Agreement dated March 30, 2012 between the Company and a consortium of eight banks with Wells Fargo Securities, LLC and Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated as Joint Lead Arrangers and Joint Book Runners; Wells Fargo Bank, National Association as Administrative Agent; Bank of America, N. A. as Syndication Agent; PNC Bank, National Association, Royal Bank of Canada and KeyBank National Association as Documentation Agents; and other banks as participants, including JPMorgan Chase Bank, N. A., Trustmark National Bank and Seaside National Bank and Trust.</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: justify; MARGIN-TOP: 4.5pt; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">The Company's credit facility, which matures in March 2016, increased capacity from $190 million to $215 million with the additional borrowing capacity being provided by U.S. Bank National Association, bringing the total number of participating lenders to nine. &#160;The interest rate on the credit facility is currently LIBOR plus 160 basis points. &#160;Other terms and conditions under the credit facility remain unchanged.</div>
  
  <div><br>
  </div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt; FONT-WEIGHT: bold">SIGNATURES</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: justify; TEXT-INDENT: 36pt; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: left"><font style="FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Date:</font><font style="FONT-SIZE: 5.14pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">October 12, 2012</font></div>
  
  <div style="TEXT-ALIGN: left; TEXT-INDENT: 216pt; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt"><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font>&#160;&#160;&#160;&#160;&#160;&#160; PARKWAY PROPERTIES, INC.</div>
  
  <div><br>
  </div>
  
  <div><br>
  </div>
  
  <div style="TEXT-ALIGN: left; MARGIN-LEFT: 234pt"><font style="FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt"><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font>&#160;&#160; By:</font><font style="FONT-SIZE: 5.4pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt"><u>/s/Mandy M. Pope</u></font></div>
  
  <div style="TEXT-ALIGN: left; TEXT-INDENT: 18pt; FONT-FAMILY: 'Times New Roman', serif; MARGIN-LEFT: 252pt; FONT-SIZE: 12pt">&#160;<font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font>&#160;&#160;&#160;&#160;&#160; Mandy M. Pope</div>
  
  <div style="TEXT-ALIGN: left; TEXT-INDENT: 18pt; FONT-FAMILY: 'Times New Roman', serif; MARGIN-LEFT: 252pt; FONT-SIZE: 12pt">&#160;<font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font><font style="LETTER-SPACING: 9pt; FONT-SIZE: 1px">&#160;&#160;</font>&#160;&#160;&#160;&#160;&#160; Executive Vice President and</div>
  
  <div style="TEXT-ALIGN: left; TEXT-INDENT: 18pt; FONT-FAMILY: 'Times New Roman', serif; MARGIN-LEFT: 252pt; FONT-SIZE: 12pt">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Chief Accounting Officer</div>
  
  <div>&#160;</div>
  
  <div>&#160;</div>
  
  <div>&#160;</div>
  
  <div><br>
   &#160;</div>
  
  <div id="DSPFPageFooter">
  <div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', serif; FONT-SIZE: 12pt">Page 2 of 2 Pages </div>
  </div>
  </div>
  </body>
  </html>
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "f8kexerciseaccordion.htm", "description": "10-12-12 ACCORDION ON CREDIT FACILITY", "secsgml_size_bytes": 14375}]
metadata_filer: {"company-data": {"conformed-name": "PARKWAY PROPERTIES INC", "cik": "0000729237", "assigned-sic": "6798", "irs-number": "742123597", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-11533", "film-number": "121141302"}, "business-address": {"street1": "ONE JACKSON PL", "street2": "188 E CAPITOL ST STE 1000", "city": "JACKSON", "state": "MS", "zip": "39225-4647", "phone": "6019484091"}, "mail-address": {"street1": "ONE JACKSON PL P O BOX 24647", "street2": "188 E CAPITOL ST STE 1000", "city": "JACKSON", "state": "MS", "zip": "39225"}, "former-company": {"former-conformed-name": "PARKWAY CO", "date-changed": "19951018"}}
text: UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C. 20549
  __________________________
  FORM 8-K
  Current Report
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (date of earliest event reported):  October 12, 2012
  PARKWAY PROPERTIES, INC
  .
  (Exact Name of Registrant as Specified in its Charter)
  Maryland
  1-11533
  74-2123597
  (State or Other Jurisdiction
  (Commission File Number)
  (IRS Employer
  of Incorporation)
  Identification No.)
  Bank of America Center, Suite 2400, 390 North Orange Avenue, Orlando, FL 32801
  (Address of Principal Executive Offices, including zip code)
  (407) 650-0593
  (Registrant's telephone number, including area code)
  Not Applicable
  (Former name or former address, if changed since last report)
  Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
  
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Page 1 of 2 Pages
  ITEM 2.03.  Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
  On October 10, 2012, the Company and certain of its subsidiaries, exercised $25 million of the $160 million accordion feature of its existing unsecured bank credit facility pursuant to Section 2.15 of the Amended and Restated Credit Agreement dated March 30, 2012 between the Company and a consortium of eight banks with Wells Fargo Securities, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as Joint Lead Arrangers and Joint Book Runners; Wells Fargo Bank, National Association as Administrative Agent; Bank of America, N. A. as Syndication Agent; PNC Bank, National Association, Royal Bank of Canada and KeyBank National Association as Documentation Agents; and other banks as participants, including JPMorgan Chase Bank, N. A., Trustmark National Bank and Seaside National Bank and Trust.
  The Company's credit facility, which matures in March 2016, increased capacity from $190 million to $215 million with the additional borrowing capacity being provided by U.S. Bank National Association, bringing the total number of participating lenders to nine.  The interest rate on the credit facility is currently LIBOR plus 160 basis points.  Other terms and conditions under the credit facility remain unchanged.
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
  Date:
  October 12, 2012
  PARKWAY PROPERTIES, INC.
  By:
  /s/Mandy M. Pope
  Mandy M. Pope
  Executive Vice President and
  Chief Accounting Officer
  Page 2 of 2 Pages