Sail tower austin. has agreed to pay $521.

Sail tower austin 7 million square foot Downtown Austin office portfolio, which boasts a 93% occupancy rate. Dec 11, 2024 · AUSTIN (Austin Business Journal) — Cousins Properties is purchasing downtown Austin’s Sail Tower for $521. , also known as Sail Tower, an 804,000-sf office property. 4 days ago · Cousins Properties Closes Sail Tower Acquisition in Austin. Block 185 is an office skyscraper located at 601 W. 8 3 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 Dec 10, 2024 · While the Sail Tower deal would be one of the city's largest for overall price, the $649-per-square-foot price tag is not among the top for office purchases in Austin by that metric. It is conveniently situated just blocks away from Cousins’ existing portfolio of office spaces totaling 1. Austin, TX. has agreed to pay $521. also known as Sail Tower, which spans . Apr 2, 2019 · Google, which currently occupies a 29-story tower on another tract of the redevelopment site east of the new building site, has about 800 employees in Austin, according to the Statesman story. Dec 12, 2024 · Cousins Properties Inc. Cousins (NYSE: CUZ) announced Dec. 3 days ago · Big business news broke last week. Google made headlines when news broke several years ago that it would lease the 35-story sail-shaped tower in its entirety. Austin is one of Google's largest hubs. Big business news broke last week. 7 million square feet in Downtown Austin which are currently leased at a rate of 93%. At a recent investor presentation Cousins’ says Sail Tower’s rents are “below market” and the purchase price is well below replacement cost. Cousins announced Dec. At approximately $649 per square foot, the pricing reflects the premium quality of the asset. 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. 8 million from a Dallas-based firm. 3 million square feet of office space in Central Austin — with the sail tower being the largest chunk. Trammell Crow 6 days ago · The top Austin news of the week begins with the sale of downtown's iconic "sail tower," home to Google. and MSD Capital. Clarion 1 day ago · Downtown Austin's Sail Tower to get new owner in $522M deal . 8 Block 185 stretches thirty-five stories into the Texas sky, a striking new gateway to downtown Austin. Dec 12, 2024 · AUSTIN – Cousins Properties is under contract to acquire 601 West 2nd St. 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. Cousins Properties announced it is under contract to purchase Sail Tower, an 804,000 square foot office property in Downtown Austin, for $521. 2 days ago · Sail Tower, developed in 2022, is located near the Second Street entertainment district in Downtown Austin. About Cousins Properties Cousins Properties announced it is acquiring the building that's shaped like a sail in Downtown Austin for more than $521. The tower is the fourth tallest in Austin at 594 feet, and the tallest office tower in Texas outside of Houston or Dallas. 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 · Trammell Crow Company is under contract to sell an iconic downtown Austin office tower, where Google is reportedly shedding space, for $521. Dec 11, 2024 · CUZ is set to acquire Sail Tower, a trophy lifestyle office property, and expand its Austin portfolio with quality assets to cater to the growing demand. 8 million, with the transaction expected to close in 3 days ago · Cousin Properties (CUZ Quick Quote CUZ - Free Report) recently acquired a trophy lifestyle office property, Sail Tower, in Austin, TX. 10 it is acquiring the building that’s shaped like a sail in downtown Austin for $521. 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. com Top Tickers, 12/17/2024. 7 Dec 10, 2024 · The high-profile, sail-shaped office tower in downtown Austin has a new owner. Despite the high-profile sale, the Austin office market faces a 27. Amid strong growth, Four Hands takes more office space . 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 C ousins Properties Inc. in Austin for $521. in Austin, Texas. [1] The tower topped out in July 2021. 10 it is under contract to purchase the property 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. 7 million square foot Downtown Austin office portfolio, which is currently 93% leased. 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 10, 2024 · New owner acquires sail tower in Downtown Austin for $520M. 7 million square foot Downtown Dec 11, 2024 · A recent addition to Austin’s skyline is getting a new owner. The property under consideration is 601 West 2nd Street, also known as Sail Tower, which spans around 804,000 square feet. 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. Dec 11, 2024 · Google's Sail Tower, which has sat vacant in the downtown Austin skyline for nearly two years, has finally attracted new owners. 8 million. 8M, making it the largest office transaction in the city this year. Key Dec 10, 2024 · ATLANTA, Dec. Cousins Properties announced Tuesday that it has a contract to buy the 35-story building, one of the most noticeable 4 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. com! E-mail Address. 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, or $649/sf, for the 804,000-square-foot office property at 601 West 2nd St. It is just a few blocks away from Cousins' existing 1. 2nd St. Building an Austin Icon: Block 185 Dec 10, 2024 · The business bought Austin's 804,000-square-foot showpiece office Sail Tower for $521. Cousins Properties, an Atlanta-based real estate investment firm 1 day ago · Downtown Austin's Sail Tower to get new owner in $522M deal . Dec 12, 2024 · Cousins Properties, an Atlanta-based real estate investment firm, announced Dec. 4 days ago · The $521. The sale is expected to close this month and will be the largest purchase of an office property in Austin this year. The Atlanta-based REIT is under contract to purchase the 35-story bulding for $521. Sail Tower is located near the Second 3 days ago · ATLANTA, Dec. 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. Dec 9, 2024 · Cousins Properties has acquired the Sail Tower at 601 W. 8 The 35-story office tower’s unique sail design is DPR Construction’s largest self-perform concrete project to date and will be an iconic addition to the downtown skyline for years to come. 10 it is under contract to purchase the property Cousins Properties is set to buy the sail-shaped downtown tower overlooking Lady Bird Lake at 601 West 2nd Street. This property, which encompasses 804,000 square feet of space Mar 26, 2019 · Block 185 is an all-star tower. 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 Dec 10, 2024 · Sail Tower marked the final phase of a major redevelopment project that began in 2012, transforming the Green Water Treatment Plant into a large mixed-use project downtown. Sail Tower was delivered in 2022 and its offices are fully leased to a Dec 10, 2024 · Cousins Properties Inc. 8 million Sail Tower acquisition represents a significant strategic move for Cousins Properties in the Austin market. The 35-story, 804,000-square-foot property at 601 W. 4 days ago · ATLANTA, Dec. 5 million square feet in 11 buildings. 3 days ago · Cousins Properties Closes Sail Tower Acquisition in Austin. 3 days ago · ATLANTA, Dec. Cousins Properties announced it is acquiring the building that's shaped like a sail in … Dec 12, 2024 · Cousins intends to use the net proceeds from the offering to fund a portion of the purchase price of 601 West 2nd Street, also known as Sail Tower, an 804,000 square foot trophy lifestyle office property in Austin (the "Sail Tower Acquisition"), and the remainder to repay borrowings under its credit facility and for general corporate purposes 3 days ago · Big business news broke last week. Some 90,000 square feet at the building became available for sublease last quarter. Oct 9, 2024 · However, it has placed some space at the iconic, sail-shaped tower back on the market, according to the report. Block 185, also known as the Sail Tower Dec 10, 2024 · The property boasts panoramic views of Lady Bird Lake and is in close proximity to Cousins' existing 1. Dec 10, 2024 · Cousins Properties Inc. While the upper floors of the new building will be occupied entirely by Google offices and parking, the structure will relate to its surroundings in a Jul 22, 2021 · Block 185, the 35-floor downtown Austin office tower bringing an instantly-iconic sailboat-inspired design to the skyline and reportedly set to be occupied by tech giants Google celebrates its official topping out today, according to developers Trammell Crow Company and investment firm MSD Capital. StreetInsider. The 35-story, LEED Platinum-certified tower is fully leased to Google until 2038. Cousins announced Dec. 8 3 days ago · Big business news broke last week. ” The high-rise sits close to Lady Bird Lake and next to Austin’s Central Library. The Atlanta REIT is buying the recently completed building, referred to as the Sail Tower, from Trammell Crow Co. 8 million, with the transaction expected to close in December. Dec 10, 2024 · ATLANTA, Dec. Dec 11, 2024 · Atlanta-based Cousins is no stranger to the Austin market, with an existing 1. 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 3 days ago · ATLANTA, Dec. Dec 10, 2024 · The 804,000-square-foot office tower in downtown Austin is known as 'Sail Tower' due to its curved exterior design. in Downtown Austin, Texas. A recent addition to Austin’s skyline is getting a new owner. The REIT is also the largest owner of office space in the Domain district in North Austin, an interest that includes 2. Dec 10, 2024 · Sail Tower is located near the Second Street entertainment district in Downtown Austin and offers unobstructed views of Lady Bird Lake. 8 million, the company announced Tuesday. At Lady Bird Lake and Shoal Creek, the tower celebrates the outdoors with landscaped terraces at every level that evoke connection with the neighboring Central Library. Developed in 2022 near the Second Street entertainment district in Dec 10, 2024 · Sail Tower boasts an ideal location near Downtown Austin’s Second Street entertainment district with stunning views of Lady Bird Lake. 8 Mar 19, 2021 · The tower’s architects — Pelli Clarke Pelli and STG — envision it being “a new icon for Austin. The current owner is Trammell Crow, a real estate developer from Dallas. Second St. Related: Downtown Austin's Sail Tower to get new owner in $522M deal. This 35-floor office building by national developer Trammell Crow Company, which broke ground last month in downtown Austin, is already leased in full by tech juggernaut Google, and features a striking sail-like design courtesy of “starchitecture” outfit Pelli Clarke Pelli Architects. 8 million, with the transaction expected to close in Cousins Properties ( ) has provided an update. Article Stock Quotes (1) FREE Breaking News Alerts from StreetInsider. Plus, we report on a Food Network star's new Round Rock bar, and 8 new restaurant openings 4 days ago · (2024-12-17 | NYSE:CUZ) Cousins Properties Closes Sail Tower Acquisition in Austin Jun 1, 2023 · In all, Google leases an estimated 1. 7% vacancy rate and slowing demand. It's also the marquee tenant at the tower next door Dec 12, 2024 · Austin's famous 'sail tower' sells for $522 million. 1. Cousins Properties announced it is acquiring the building that's shaped like a sail in Downtown Austin for more than $521. is purchasing downtown Austin’s Sail Tower for $521. Block 185, also known as the Sail Tower AUSTIN (Austin Business Journal) — Cousins Properties is purchasing downtown Austin’s Sail Tower for $521. It is only a few blocks away from Cousins’ existing 1. Apr 9, 2021 · Block 185, the downtown Austin office tower project best known as the future home of Google, has made significant progress since its groundbreaking back in the downright prehistoric era of 2019 — and though it hasn’t reached its full height of 594 feet just yet, the 35-floor building’s ever-growing prominence on the downtown skyline is becoming increasingly difficult to overlook. 7 million-square-foot office portfolio downtown near the Sail Tower. bvvbn jkgcno vtqtho tltyv khnktzq vnqogm jutnr rmar hzry jwbw