ATLANTA--(BUSINESS WIRE)--
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
camerongolden@cousinsproperties.com
Source: Cousins Properties Incorporated