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): August 2, 2004

                            PARKWAY PROPERTIES, INC.
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               (Exact Name of registrant as specified in charter)

          Maryland                        1-11533                74-2123597
- ----------------------------         ----------------        -------------------
(State or other jurisdiction         (Commission File           (IRS Employer
      of incorporation)                   Number)            Identification No.)

                          One Jackson Place Suite 1000
                             188 East Capitol Street
                                 P.O. Box 24647
                             Jackson, MS 39225-4647
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                    (Address of principal executive offices)

                                 (601) 948-4091
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              (Registrant's telephone number, including area code)

                                 Not Applicable
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           Former name or former address, if changed since last report


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ITEM 7. Financial Statements and Exhibits.

(c)   Exhibits

      99.1 Press Release of the Company dated August 2, 2004, announcing the
results of operations of the Company for the quarter ended June 30, 2004.

ITEM 12. Results of Operations and Financial Condition.

On August 2, 2004, Parkway issued a press release regarding its results of
operations for the quarter ended June 30, 2004. A copy of this press release is
attached hereto as Exhibit 99.1.

On August 3, 2004, Parkway will hold its earnings conference call for the
quarter ended June 30, 2004, at 9:00 a.m. Eastern Time.

The information furnished to the SEC pursuant to this item is furnished pursuant
to the public release of information in the press release on August 2, 2004 and
on the Company's August 3, 2004 earnings conference call.

The information set forth in Items 7 and 12 of this Form 8-K shall not be deemed
"filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, and is not incorporated by reference into any filing of Parkway
Properties, Inc., whether made before or after the date hereof, regardless of
any general incorporation language in such filing.


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                                   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: August 2, 2004

                                                    PARKWAY PROPERTIES, INC.

                                                    By: /s/ Mandy M. Pope
                                                    ----------------------------
                                                        Mandy M. Pope
                                                        Chief Accounting Officer


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