Cousins properties to acquire trophy lifestyle office property in downtown austin

Atlanta , dec. 10, 2024 /prnewswire/ -- cousins properties (nyse: cuz) announced today that it is under contract to acquire 601 west 2nd street, also known as sail tower, an 804,000 square foot trophy lifestyle office property in austin, for a net purchase price of $521.8 million.  the transaction is expected to close in december, subject to customary closing conditions.
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