Cousins Properties Incorporated (NYSE: CUZ) has completed its previously announced acquisition of Greenway Plaza, a 10-building, 4.4 million-square-foot office portfolio in Houston, and 777 Main, a 980,000-square-foot Class-A office tower in Fort Worth, Texas, for a total gross purchase price of approximately $1.1 billion in cash from Crescent Real Estate Holdings LLC.
About Cousins Properties
Cousins Properties Incorporated is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA primarily invests in Class-A office towers located in high growth Sunbelt markets, with a focus on Georgia, Texas and North Carolina. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments. For more information, please visit www.cousinsproperties.com.
Cousins Properties Incorporated
Cameron Golden, 404-407-1984
Vice President of Investor Relations and Corporate Communications
|Cousins Properties Announces Sale of Avenue Murfreesboro ()|
|Cousins Properties Closes Two Mortgages Totaling $303 Million ()|
|Cousins Properties Announces Retail Dispositions (2013/9/30)|
|Cousins Properties Announces New Leases at Colorado Tower (2013/11/20)|
|Cousins Properties Third Quarter Earnings Release And Conference Call Notice (2013/10/8)|
|Cousins Properties Declares Fourth Quarter Preferred Stock Dividend (2013/10/17)|
|Cousins Properties Declares Fourth Quarter Common Stock Dividend (2013/11/14)|
|Cousins Properties Completes Offering of Common Stock, Announces Exercise of Option to Purchase Additional Shares ()|
|Cousins Properties Prices Offering of 60 Million Shares of Common Stock (2013/7/30)|
|American Realty Capital Properties to Acquire $416.5 Million in Additional Net Lease Properties Consistent with its Previously Announced Guidance of $1.1 Billion of Accretive Acquisitions in Second Half of 2013 (2013/8/9)|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.