Cousins properties and town lane announce the acquisition and planned modernization of proscenium

Atlanta , aug. 1, 2024 /prnewswire/ -- cousins properties (nyse: cuz) and town lane announced today they have acquired proscenium, a 526,000 square foot class a office building located in the midtown submarket of atlanta, ga for approximately $83 million. town lane and cousins (the ownership) completed the all-cash transaction through a newly formed joint venture with town lane owning 80% of the venture and cousins owning the remaining 20%.
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