Trammell Crow Co selling downtown sail tower for $522M [Yahoo! Finance]
Cousins Properties Incorporated (CUZ)
Last cousins properties incorporated earnings: 4/30 05:07 pm
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US:NYSE Investor Relations:
investors.cousinsproperties.com
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Source: Yahoo! Finance
Block 185, also known as the Sail Tower, spans 800,000 square feet at 601 West 2nd Street, near the Second Street District. The buyer is Atlanta-based Cousins Properties, which expects the transaction to close this month. Trammell Crow developed the building with MSD Capital and delivered it in 2022. Google pre-leased the entire building in 2021 but never moved in, and it has put 90,000 square feet up for sublease . Google's lease in the building runs until 2038, according to Cousins Properties. The building is just a few blocks away from Cousins' downtown Austin office portfolio, which totals 1.7 million square feet. The firm owns eight properties in the city, according to its website. They include Domain 9, at 2904 Palm Way in The Domain, where it is spending $60.5 million to build-out space for online retailer Amazon, and 300 Colorado , which is partially leased to social media company TikTok. If the sale of 601 West 2nd Street closes, it would rank as the priciest offic
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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