Cousins Properties to Boost Austin Portfolio With Trophy Office Asset [Yahoo! Finance]
Cousins Properties Incorporated (CUZ)
Last cousins properties incorporated earnings: 4/30 05:07 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.cousinsproperties.com
Company Research
Source: Yahoo! Finance
The net purchase price for the property is $521.8 million, and the transaction is expected to close in December, subject to customary closing conditions. The property under consideration is 601 West 2nd Street, also known as Sail Tower, which spans around 804,000 square feet. Developed in 2022 near the Second Street entertainment district in Downtown Austin, it lies in the vicinity of Cousins' existing 1.7 million square foot office portfolio in the region. Cousins' Austin portfolio is exhibiting strong leasing on the back of tenants' preference for premium office spaces to attract top talent, aiding in their growth curve. The addition of the above property to this portfolio will enhance its quality, yielding immediate incremental revenues. As per Colin Connolly, the president and CEO of Cousins Properties, “We are thrilled to add this iconic office property, with a strong investment grade customer, to our Austin portfolio.” Cousins also announced that it has begun a public of
Show less
Read more
Impact Snapshot
Event Time:
CUZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CUZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CUZ alerts
High impacting Cousins Properties Incorporated news events
Weekly update
A roundup of the hottest topics
CUZ
News
- Is it Wise to Retain Cousins Properties Stock in Your Portfolio Now? [Yahoo! Finance]Yahoo! Finance
- Cousins Properties declares $0.32 dividend [Seeking Alpha]Seeking Alpha
- Cousins Properties Announces Its Fourth Quarter 2024 Common Stock DividendPR Newswire
- Cousins Properties Incorporated (NYSE: CUZ) had its price target raised by analysts at Truist Financial Co. from $30.00 to $33.00. They now have a "buy" rating on the stock.MarketBeat
- Cousins Properties Closes Sail Tower Acquisition in Austin [Yahoo! Finance]Yahoo! Finance
CUZ
Earnings
- 10/24/24 - In-Line
CUZ
Sec Filings
- 12/17/24 - Form 8-K
- 12/12/24 - Form 424B5
- 12/12/24 - Form 8-K
- CUZ's page on the SEC website