Duckworth Realty sold the One Pensacola Plaza office building at 125 W. Romana St. in Pensacola, Florida, for $19 million, or over $165 per square foot, to Bayfront Capital Partners. The eight-story, 114,960-square-foot property was 97% leased to multiple tenants at the time of sale, which closed at a proforma capitalization rate of 7.4%. The… [more]
The Mississippi Tourism Association (MTA) recognized the impact and accomplishments of the state’s tourism industry at the Governor’s Conference on Tourism held in Columbus, MS on September 24, 2019 where Visit Jackson and other city entities earned six of the 15 statewide industry awards. Taking a top honor, Rickey Thigpen, Executive Director/CEO of Visit Jackson, was… [more]
By Angela Rogalski A 21-acre site that was the former Mississippi School for the Blind in Jackson is now an amenity-rich community destination representing the best in mixed-use urban revitalization called The District at Eastover. Breck Hines is co-developer of the area and also a member of The District Land Development Company, LLC, which he… [more]
Food halls are trending, but not just because of buzzwords like artisanal and avocado toast – both of which you’ll find at Cultivation Food Hall, set to open Fall 2018 at The District at Eastover in Jackson’s LeFleur East neighborhood. They âre popular because they embrace innovation, flexibility and accessibility, qualities that resonate with patrons, entrepreneurs… [more]
Ted J. Duckworth is Co-Manager of TDLDC, and President and CEO of Duckworth Realty, Inc. Ted has been the architect of the company’s recent growth into development projects and has provided a vision for the company’s downtown revitalization efforts in Jackson, Mississippi. This vision carries over into the overall company philosophy of making a difference… [more]
Concord Capital, LLC announced the purchase of the 600 Concourse Building in Ridgeland, establishing the company as the second largest office landlord along Highland Colony Parkway. Concord Capital is the acquisition and development company of industry veterans Ted Duckworth, Breck Hines and John Michael Holtmann. Concord and their affiliates also own 200 and 400 Concourse, and… [more]
JACKSON, Miss. —The Jackson City Council passed a Leisure and Recreation District Ordinance yesterday, establishing The District at Eastover as a “go cup” district within the city. This ordinance will allow restaurant patrons in The District to carry alcoholic beverages outside establishments, anywhere within The District at Eastover. “We are thrilled to see the city make… [more]
JACKSON, Miss. (WJTV) — Construction continues for The District at Eastover. However, plans for a theatre at The District have been dropped. Co-developer Breck Hines says a theater remains a possibility. Below is his statement: While we do not have a theatre project in the immediate plans for construction, it remains on the table as… [more]
Driving past the District at Eastover motorists on Interstate 55 get a two-dimensional picture of the Lofts, which provides a backdrop for the mixed-used project. But the interior courtyards of The District Lofts cannot be seen from the interstate. They create the depth, “the third dimension,” of the six-story, 261-unit building. And preleasing, 77 units… [more]
JACKSON — Holder Properties has broken ground for One Eastover Center, a 120,000-square-foot Class “A” office building located in the District at Eastover, a 21-acre mixed-use community. The office development will be located on the northern end of the District at Eastover utilizing 2.54 acres along Eastover Drive and the I-55 Frontage Road. The five-story… [more]
As a member of the Class of 1997 at Jackson Academy, Breck Hines was chosen as Most Likely to Succeed. Needless to say, his JA classmates were spot-on with their vote. Today, Hines is executive vice president of Duckworth Realty. The University of Mississippi graduate also co-owns and operates an ice manufacturing and sales company… [more]
JACKSON — The law firm Baker Donelson has signed a lease to relocate to a new, state-of-the-art office building at The District at Eastover, a 21-acre mixed-use development that will feature approximately 585,000 square feet of retail, residential and office space. When it makes the move in the fall of 2015, the firm will be… [more]
FLOWOOD — Southeast Medical Properties I, LLC, an affiliate of Jackson-based Duckworth Realty Inc., has purchased the 12,000 -square-foot former Baker Engineering building from Cress Realty Group for an undisclosed amount. The property, located at 2925 Layfair Drive in Flowood, will be renovated as a medical office facility for Jackson-based University Physicians, PLLC. Rick Wood… [more]
Ted Duckworth, owner of Duckworth Realty in Jackson, has been the driving force behind millions of dollars worth of development in the city. Graduating from Mississippi State University in 1988 with a degree in real estate and mortgage finance, Duckworth, 42, started his company the following year. “The key is we’ve got to get more… [more]
Ted Duckworth has known where he is going for years. As the son of the project manager for Mississippis largest bank, he spent much of his childhood learning the ins and outs of property management and the importance of strong relationships between building owners and tenants. So it was no surprise, when Duckworth launched Duckworth… [more]
Ive lived in Jackson, Miss., the states capital, for nearly my entire life and have sensed that great things would soon come to this area. As in numerous cities across America, many residents and businesses have left the citys core and fled to the suburbs, where land is cheaper and more readily available. The mass… [more]
JACKSON — Entergy Mississippi was poised to abandon the Electric Building in downtown after 73 years when the powers-that-be decided to go another route. In January, the corporation sent requests for proposals to 19 developers to purchase and renovate the historic landmark. Only two firms bid for the project — Duckworth Realty and Mississippi Management… [more]
Without help, developer Ted J. Duckworth would have never dreamed of renovating the Electric Building in downtown Jackson. A tax break from the city of Jackson and Hinds County, and a federal program that gives tax credits for investments in buildings eligible for the National Register of Historic Places spurred the $14.8 million renovation planned… [more]
Ted J Duckworth, 36 is President of Duckworth Realty, Inc. in Jackson. Ted Duckworth had not been on his own for long when the Deposit Guaranty corporate offices in downtown Jackson and Shreveport, LA became available. The commercial real estate group turned in his greatest career challenge, particularly after bank management changed hands twice before… [more]
