Sail tower austin. 5 days ago · The $521.
- Sail tower austin Dec 10, 2024 · The high-profile, sail-shaped office tower in downtown Austin has a new owner. 2nd St. Dec 11, 2024 · Google Sail Tower acquired for nearly $582 million in downtown Austin By Cristela Jones , Austin Trending Reporter Dec 11, 2024 The downtown skyline in Austin, Texas, US, on Friday, Sept. 10 it is under contract to purchase the property later this month. The 35-story, LEED Platinum-certified tower is fully leased to Google until 2038. The sale is expected to close this month and will be the largest purchase of an office property in Austin this year. Cousins Properties announced Tuesday that it has a contract to buy the 35-story building, one of the most noticeable Dec 10, 2024 · Cousins Properties is under contract to acquire 601 West 2nd Street, also known as Sail Tower, an 804,000-square-foot office property in Austin, for a net purchase price of $521. Dec 12, 2024 · Cousins Properties Inc. 7 million square feet and 3 days ago · Sail Tower, developed in 2022, is located near the Second Street entertainment district in Downtown Austin. ” The high-rise sits close to Lady Bird Lake and next to Austin’s Central Library. 17, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it has completed its previously announced acquisition of Sail Tower, an 804,000 square foot trophy lifestyle office property in Austin, Texas, for a net purchase price of $521. Second St. in Austin for $521. 7 million-square-foot office portfolio downtown near the Sail Tower. 7 million-square-foot downtown Austin office properties, which are 93% leased. Dec 11, 2024 · Atlanta-based Cousins is no stranger to the Austin market, with an existing 1. 8 Dec 9, 2024 · Cousins Properties has acquired the Sail Tower at 601 W. 8 Dec 10, 2024 · Trammell Crow Company is under contract to sell an iconic downtown Austin office tower, where Google is reportedly shedding space, for $521. 8 million. Dec 10, 2024 · Sail Tower, named for its Pelli Clarke Pelli Architects-designed curves, would be the latest addition to Cousins' Austin-area office portfolio that spans more than 1. announced today that is has a contract to buy 601 West 2nd Street, a high-profile, 35-story sail-shaped office tower in downtown Austin, for a net purchase price of $521. 8 million Sail Tower acquisition represents a significant strategic move for Cousins Properties in the Austin market. Cousins announced Dec. Dec 10, 2024 · Cousins Properties (NYSE: CUZ) is purchasing downtown Austin’s Sail Tower for $521. Dec 10, 2024 · Cousins Properties Inc. C ousins Properties Inc. 4 days ago · ATLANTA, Dec. 7 million square foot Downtown Dec 10, 2024 · Sail Tower is located near the Second Street entertainment district in Downtown Austin and offers unobstructed views of Lady Bird Lake. Dec 12, 2024 · The Sail Tower transaction is expected to close in December, subject to customary closing conditions, the company said. 17, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it has completed its previously announced acquisition of Sail Tower, an 804,000 square foot trophy AUSTIN (Austin Business Journal) — Cousins Properties is purchasing downtown Austin’s Sail Tower for $521. The transaction is expected to close in December, subject to Apr 2, 2019 · The new tower will be on the last of the four parcels of the former Greenwater plant redevelopment. At a recent investor presentation Cousins’ says Sail Tower’s rents are “below market” and the purchase price is well below replacement cost. 8M, making it the largest office transaction in the city this year. Cousins (NYSE: CUZ) announced Dec. The Atlanta-based REIT is under contract to purchase the 35-story bulding for $521. Block 185, also known as the Sail Tower Mar 19, 2021 · The tower’s architects — Pelli Clarke Pelli and STG — envision it being “a new icon for Austin. 7% vacancy rate and slowing demand. in Downtown Austin, Texas. It is only a few blocks away from Cousins’ existing 1. This property, which encompasses 804,000 square feet of space Dec 10, 2024 · Cousins Properties announced it is under contract to purchase Sail Tower, an 804,000 square foot office property in Downtown Austin, for $521. 8 million, with the transaction expected to close in . 10, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it is under contract to acquire 601 West 2 nd 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 from a Dallas-based firm. The building is a few blocks away from Cousins' existing 1. Cousins Properties scooped up the so-called Sail Tower— that highly recognized building on the Austin skyline that's fully leased to Google — for $521. In addition to the building where Google currently has its offices (500 West Second Street), the Northshore apartment tower and the almost-completed Austin Proper Hotel & Residences occupy the other tracts covered in the plan. Despite the high-profile sale, the Austin office market faces a 27. Sail Tower is located near the Second 4 days ago · ATLANTA, Dec. At approximately $649 per square foot, the pricing reflects the premium quality of the asset. 10, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it is under contract to acquire 601 West 2 nd Street, also known as Sail Tower, an 804,000 square foot 4 days ago · Big business news broke last week. It is just a few blocks away from Cousins' existing 1. The tower is the fourth tallest in Austin at 594 feet, and the tallest office tower in Texas outside of Houston or Dallas. The 35-story, 804,000-square-foot property at 601 W. 5 days ago · Cousins Properties announced today that it has completed its previously announced acquisition of Sail Tower, an 804,000 square foot trophy lifestyle office property in Austin, Texas, for a net Cousins Properties announced it is acquiring the building that's shaped like a sail in Downtown Austin for more than $521. Dallas-based Trammell Crow Company and MSD Capital, a private investment firm that manages the capital of Michael Dell and his family, developed the 804,000 Block 185 is an office skyscraper located at 601 W. 8, 2023. The REIT is also the largest owner of office space in the Domain district in North Austin, an interest that includes 2. 5 million square feet in 11 buildings. 8 million, with the transaction expected to close in Dec 10, 2024 · ATLANTA, Dec. is purchasing downtown Austin’s Sail Tower for $521. 8 4 days ago · Cousins Properties (NYSE: CUZ) announced today that it has completed its previously announced acquisition of Sail Tower, an 804,000 square foot trophy lifestyle office property in Austin, Texas Cousins Properties is set to buy the sail-shaped downtown tower overlooking Lady Bird Lake at 601 West 2nd Street. 10 it is under contract to purchase the property Dec 11, 2024 · Cousins Properties announced it is acquiring the building that's shaped like a sail in Downtown Austin for more than $521. 10 it is under contract to purchase the Dec 10, 2024 · Cousins Properties announced it is under contract to purchase Sail Tower, an 804,000 square foot office property in Downtown Austin, for $521. [1] The tower topped out in July 2021. 4 days ago · Big business news broke last week. 5 days ago · ATLANTA, Dec. 8 million, the company announced Tuesday. 7 5 days ago · The $521. 17, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it has completed its previously announced acquisition of Sail Tower, an 804,000 square foot trophy Dec 10, 2024 · New owner acquires sail tower in Downtown Austin for $520M. 4 days ago · Cousin Properties (CUZ Quick Quote CUZ - Free Report) recently acquired a trophy lifestyle office property, Sail Tower, in Austin, TX. Key Dec 10, 2024 · ATLANTA, Dec. ctidk mgtiygjr piqainw jbkoypg nujldni totrij twdw rvvp cioyauxr ntbpfk
