Sail tower austin. 7 million square foot Downtown .

Sail tower austin 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. Matthews Elementary School Address: 906 W Lynn St, Austin, TX 78703 Phone: +1 512-414-4406. 8 million, or $649/sf, for the 804,000-square-foot office property at 601 West 2nd St. 7 million-square-foot office portfolio downtown near the Sail Tower. The tower is the fourth tallest in Austin at 594 feet, and the tallest office tower in Texas outside of Houston or Dallas. 7 million-square-foot downtown Austin office properties, which are 93% leased. 8 million The Statesman sent this email to their subscribers on December 17, 2024 . 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. Despite the high-profile sale, the Austin office market faces a 27. 7 million square foot Downtown Oct 27, 2016 · Austin's famous 'sail tower' sells for $522 million Lauren Petterson, KVUE. Outdoor terraces at every level, the first in Austin to employ this, give a subtle impression of a sail billowing in the wind and offer an immersive 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. 5 meters. New owner acquires sail tower in Downtown Austin for $520M. Under the terms of the transaction, Sail Tower has a square footage of 804,000 with the purchase price of $649 per square footage. The building is a few blocks away from Cousins' existing 1. 5 days ago · ATLANTA, Dec. Central Texas housing sees increased listings; experts discuss impact on buyers and sellers By Austin Journal | Nov 13, 2024. 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. 8 Dec 10, 2024 · The business bought Austin's 804,000-square-foot showpiece office Sail Tower for $521. Properti ini memiliki pemandangan indah Lady Bird Lake dan dekat dengan portofolio perkantoran Downtown Austin seluas 1,7 juta kaki persegi milik Cousins, yang memiliki tingkat hunian 93%. Located at 601 West Second Street, the building with a silhouette Dec 10, 2024 · Sail Tower was developed in 2022 and the office space is 100% leased to a Fortune 20 company (S&P: AA+) through 2038. 8M, making it the largest office transaction in the city this year. Henry Middle School Address: 2610 W 10th St, Austin, TX 78703 Phone: +1 512-414-3229. Nov 22, 2024 · The holiday season is officially starting on November 22 at The Pitch in North Austin. 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 12, 2024 · Cousins Properties Inc. The iconic building with glass walls will be shaped with a sweeping sail-like curve – eternally catching a breeze from the nearby Lady Bird Lake. Aside from the Google tower, Pelli Clarke Pelli is leading the design of the new Frost 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 Dec 11, 2024 · Cousins Properties has acquired the Sail Tower at 601 W. Sail Boats. The Atlanta-based REIT is under contract to purchase the 35-story bulding for $521. At a recent investor presentation Cousins’ says Sail Tower’s rents are “below market” and the purchase price is well below replacement cost. About Cousins Properties Cousins Properties is a fully integrated, self-administered and self-managed real estate Cousins Properties offers a range of properties in Austin, including renovated buildings and master-planned developments. Block 185, a 35-floor downtown Austin office tower, has topped out at 179. 7 million square foot Downtown Austin office portfolio, which is currently 93% leased. 8 Cousins Properties is set to buy the sail-shaped downtown tower overlooking Lady Bird Lake at 601 West 2nd Street. "We are thrilled to add this iconic office property, with a strong investment grade customer, to our Dec 10, 2024 · --Cousins Properties 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 4 days ago · Austin's famous 'sail tower' sells for $522 million Still Austin bourbon named one of the top 10 whiskies of 2024 Weekend Event Guide. Skip Navigation. AUSTIN (Austin Business Journal) — Cousins Properties is purchasing downtown Austin’s Sail Tower for $521. Big business news broke last week. One of Austin’s most recognizable buildings is the 33-story Sailboat-Inspired Office Building Tops Out in Austin. May 21, 2019 · Situated in the epicenter of Austin’s CBD, Indeed Tower will deliver a vibrant mixed-use environment with a prominent 6th Street address through its three main components: a 683,000-square-foot Class AA office tower with ground floor retail, a historic 1914 post office re-positioned into a 25,000-square-foot retail/restaurant destination, and Cousins Properties Inc. also known as Sail Tower, which spans Dec 10, 2024 · Sail Tower is located near the Second Street entertainment district in Downtown Austin and offers unobstructed views of Lady Bird Lake. 2nd St. 8 AUSTIN (Austin Business Journal) — Cousins Properties is purchasing downtown Austin’s Sail Tower for $521. 10 it is under contract to purchase the property later this month. Sep 6, 2024 · Google, for instance, has yet to move into an entire 35-story building it has leased, a sail-shaped tower in downtown Austin overlooking Lady Bird Lake. 8 million, with the transaction expected to close in 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. 7 million square foot Downtown Austin office portfolio, which boasts a 93% occupancy rate. 4 days ago · The offering is expected to close on December 17, 2024, subject to the satisfaction of customary closing conditions. 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. 6 days ago · (2024-12-17 | NYSE:CUZ) Cousins Properties Closes Sail Tower Acquisition in Austin Dec 10, 2024 · Cousins Properties Inc. StreetInsider. 9am - 5pm | Monday - Friday & by Appointment Dec 10, 2024 · Cousins Properties 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. Dec 10, 2024 · Cousins Properties announced it is acquiring the building that's shaped like a sail in Downtown Austin for more than $521. Austin is one of Google's largest hubs. For Northshore Marina tenants: The charter location is northwest of downtown Austin on Lake Travis. 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 5 days ago · Cousin Properties (CUZ Quick Quote CUZ - Free Report) recently acquired a trophy lifestyle office property, Sail Tower, in Austin, TX. It is just a few blocks away from Cousins’ existing 1. 10 it is under contract to purchase the property 6 days ago · ATLANTA, Dec. is purchasing downtown Austin’s Sail Tower for $521. The property boasts panoramic views of Lady Bird Lake and is in close proximity to Cousins' existing 1. Cousins Properties, an Atlanta-based real estate investment firm Dec 14, 2024 · The top Austin news of the week begins with the sale of downtown's iconic "sail tower," home to Google. 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. It is conveniently situated just blocks away from Cousins’ existing portfolio of office spaces totaling 1. Oct 16, 2024 · Austin's famous 'sail tower' sells for $522 million. Frost Bank Tower: 515 feet. Block 185, also known as the Sail Tower Dec 10, 2024 · Cousins Properties announced Tuesday that it has a contract to buy the 35-story building, one of the most noticeable towers on Austin's skyline. 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. O. 8 million, with the transaction expected to close in December. 3 million square feet of office space in Central Austin — with the sail tower being the largest chunk. That would make it the second-highest price ever paid for an Austin office property. Overview Location Data Recent Activity chrislong. 10 it is under contract to purchase the property 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. 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 T Dec 10, 2024 · Cousins Properties 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 The Sail Tower (Hebrew: בית המפרש, Beit HaMifras), officially District Government Center - Building B (Hebrew: קרית הממשלה המחוזית חיפה - בניין ב) is a skyscraper and government building in Haifa, Israel. Austin's famous 'sail tower' sells for $522 million Lauren Petterson, KVUE. The first lease is for 150,000 square feet of space at the Saltillo office building in East Austin (pictured above). 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. Austin sail tower. Designed by Pelli Clarke Pelli Architects, the tower has been designed to maximise a collaborative and sustainable working environment. Sail Tower is located near the Second Dec 12, 2024 · The Sail Tower transaction is expected to close in December, subject to customary closing conditions, the company said. 601 West 2nd Street Austin, TX Sail Tower, formerly known as Block 185, is a defining landmar Quick Links. Article Stock Quotes (1) FREE Breaking News Alerts from StreetInsider. Back to Top . Sails Bimini & Shade Boat Covers Odds & Ends 4415 Hudson Bend Rd, Austin TX 78734. Cousins Properties announced it is acquiring the building that's shaped like a sail in … Jun 1, 2023 · In all, Google leases an estimated 1. Cousins Properties scoops up 'sail tower' on Austin skyline for $521. Cousins Properties, an Atlanta-based real estate investment firm 5 days ago · ATLANTA, Dec. Cousins Properties announced it is acquiring the tower that's shaped like a sail Sep 4, 2024 · Home to Google’s new Austin headquarters, Block 185 is a defining landmark for Austin and the city skyline. The buyer, Cousins Properties, has expressed optimism in the Austin market and our strong fundamentals that continue to attract top-tier companies and talent. The final undeveloped section of the former Green Water Treatment Plant in downtown Austin, the 1. Austin High School Address: 1715 W Cesar Chavez St, Austin, TX 78703 Phone: +1 512-414-2505 Dec 6, 2024 · Austin's famous 'sail tower' sells for $522 million. 8 million from a Dallas-based firm. Sail Tower was developed in 2022 and the office space is 100% leased If you are a marina tenant, please call Sail Austin to make arrangements for waterside pick-up. An iconic piece of Austin’s skyline is getting a new owner. 8 million Sail Tower acquisition represents a significant strategic move for Cousins Properties in the Austin market. And Meta is still trying to sublease nearly Dec 10, 2024 · Sail Tower is located near the Second Street entertainment district in Downtown Austin and offers unobstructed views of Lady Bird Lake. Second Dec 10, 2024 · Sail Tower is located near the Second Street entertainment district in Downtown Austin and offers unobstructed views of Lady Bird Lake. It is just a few blocks away from Cousins' existing 1. In October, active listings in the Austin-Round Rock-San Marcos metropolitan statistical area (MSA) rose by 9. Search properties for rent in Al Sail Tower with maps & photos on www. Cousins Properties announced it is acquiring the tower that's shaped like a sail Google's Sail Tower, which has sat vacant in the downtown Austin skyline for nearly two years, has finally attracted new owners. Dec 10, 2024 · Cousins Properties Inc. Dec 11, 2024 · Atlanta-based Cousins is no stranger to the Austin market, with an existing 1. 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. Sail Tower was developed in 2022 and the office space is 100% leased Dec 12, 2024 · Austin's famous 'sail tower' sells for $522 million. About Cousins Properties 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 5 days ago · Big business news broke last week. The sale is expected to close this month and will be the largest purchase of an office property in Austin this year. C ousins Properties Inc. but Google’s new “sail tower” is not listed because it’s 100% leased by Google — only Google hasn’t moved in yet 6 days ago · ATLANTA, Dec. ARTS New . 7 million square foot Downtown Google's Sail Tower, which has sat vacant in the downtown Austin skyline for nearly two years, has finally attracted new owners. 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. Otherwise, please come to our South shore location at Hurst Harbor Marina. Dec 10, 2024 · ATLANTA, Dec. 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. Dec 11, 2024 | 11:28 am. Historic Austin museum will close for more than a year for restoration Jun 17, 2019 · The tech giant has leased two new office spaces in the city of Austin. Cousins Properties, an Atlanta-based real estate investment firm 5 days ago · Downtown Austin's Sail Tower to get new owner in $522M deal . 7 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. 8M. 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. View from the lobby of Google’s new, “sail tower” at 601 W. Considering Cousins Sail Tower, developed in 2022, is located near the Second Street entertainment district in Downtown Austin. The second lease is for the entire Block 185 building, a 35-story sail-like tower with 723,000 square feet of space in downtown Austin (pictured below). propertyfinder. Downtown skyscraper also known as 'Google tower' December 10, 2024 by Cindy Widner Sail Tower, developed in 2022, is located near the Second Street entertainment district in Downtown Austin. Mar 26, 2019 · Block 185 is an all-star tower. Dec 11, 2024 · Downtown Austin's Sail Tower to get new owner in $522M deal . 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. Here are the top 7 things to do in Austin this weekend 5 days ago · Cousins Properties Closes Sail Tower Acquisition in Austin. in Austin for $521. 5 days ago · Big business news broke last week. 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. When completed, it will rise to 594 feet, making it the fourth tallest office tower in downtown Austin. in Downtown Austin, Texas. 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. The building marks the final phase of Trammell. Cousins announced Dec. 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. Dec 10, 2024 · Cousins Properties Incorporated (NYSE:CUZ) agreed to acquire Sail Tower for approximately $520 million on December 10, 2024. 3 days ago · Downtown Austin's Sail Tower to get new owner in $522M deal . 1 months, according to the latest Central Texas Housing Report Slated for completion in July 2022, Block 185 will offer spectacular skyline views. 6 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 12, 2024 · AUSTIN – Cousins Properties is under contract to acquire 601 West 2nd St. With a sweeping sail-like curve, the tower's tapering form responds to challenging zoning requirements and neighboring bodies of water Shoal Creek to the west and the Colorado River to the south. Photo courtesy of KVUE Dec 11, 2024 · The property under consideration is 601 West 2nd Street, also known as Sail Tower, which spans around 804,000 square feet. 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. ae Choose from our 29 properties Short Term properties & Long Term Rentals 5 days ago · ATLANTA, Dec. A recent addition to Austin’s skyline is getting a new owner. At approximately $649 per square foot, the pricing reflects the premium quality of the asset. 26-acre site known as Block 185 at 601 West Second Street, has remained an object of curiosity for years. Cousins Properties ( ) has provided an update. Dec 12, 2024 · Austin's famous 'sail tower' sells for $522 million. Dec 18, 2024 | 5:43 pm. com! E-mail Address. com Top Tickers, 12/17/2024. 1. Cousins Properties announced it is acquiring the tower that's shaped like a sail Here are the following schools near 360 Condos Austin. Dec 10, 2024 · The property boasts panoramic views of Lady Bird Lake and is in close proximity to Cousins' existing 1. The tower is characterized by a tapering form that responds to challenging zoning requirements and neighboring bodies of water, and a facade composed of high-performance glass and custom metal mullions in a tartan pattern. This sports and entertainment center will transform into a family-friendly winter wonderland, including a Oct 10, 2024 · A view of downtown Austin from the Modern Tower on Rainey Street. Trammell Crow Dec 10, 2024 · Sail Tower boasts an ideal location near Downtown Austin’s Second Street entertainment district with stunning views of Lady Bird Lake. Developed in 2022 near the Second Street entertainment district in Dec 12, 2024 · Downtown Austin's Sail Tower to get new owner in $522M deal . Sail Tower was developed in 2022 and the office space is 100% leased Aug 26, 2021 · AUSTIN'S latest skyscraper has officially topped out. Dec 11, 2024 · A recent addition to Austin’s skyline is getting a new owner. , formerly known as Block 185. Key 5 days ago · Big business news broke last week. Sail Tower was developed in 2022 and the office space is 100% leased 6 days ago · ATLANTA , Dec. and MSD Capital, which had started building it in Dec 10, 2024 · Sail Tower, also known as 601 West 2nd Street, is situated in the vicinity of the Second Street entertainment district in Downtown Austin. Clarion 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. Amid strong growth, Four Hands takes more office space . Dec 10, 2024 · Sail Tower, juga dikenal sebagai 601 West 2nd Street, terletak di sekitar distrik hiburan Second Street di Pusat Kota Austin. Google made headlines when news broke several years ago that it would lease the 35-story sail-shaped tower in its entirety. 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. The 35-story, 804,000-square-foot property at 601 W. The 35-story, LEED Platinum-certified tower is fully leased to Google until 2038. The Atlanta REIT is buying the recently completed building, which sits along Lady Bird Lake, from its developer, Trammell Crow Co. ” The high-rise sits close to Lady Bird Lake and next to Austin’s Central Library. 8 million, the company announced Tuesday. Cousins Properties announced it is acquiring the building that's shaped like a sail in Downtown Austin for more than $521. Second St. Dec 11, 2024 · The sale is expected to close this month and will be the largest purchase of an office property in Austin this year. 5 million square feet in 11 buildings. Oct 3, 2024 · Austin's famous 'sail tower' sells for $522 million. It's also the marquee tenant at the tower next door 6 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 Block 185 stretches thirty-five stories into the Texas sky, a striking new gateway to downtown Austin. Mar 19, 2021 · The tower’s architects — Pelli Clarke Pelli and STG — envision it being “a new icon for Austin. The sailboat-shaped Block 185 stands 180-metres above the Texas city and is set to be occupied by tech-giant Google. Homey Austin jam and bake shop closing and returning to farmers market Brianna Caleri. 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 3 days ago · Downtown Austin's Sail Tower to get new owner in $522M deal . is collaborating with Pelli Clarke Pelli on the design of the Austin high-rise. Sail Tower was developed in 2022 and the office space is 100% leased Dec 11, 2024 · Sail Tower is located near the Second Street entertainment district in downtown Austin and offers unobstructed views of Lady Bird Lake. 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 · ATLANTA, Dec. The 36 mile drive should take you about 45-50 minutes. Plus, we report on a Food Network star's new Round Rock bar, and 8 new restaurant openings 4 days ago · Sail Tower, developed in 2022, is located near the Second Street entertainment district in Downtown Austin. austin on December 13, 2024: "The Sail Tower, known to Austinites as the "Google building," is under contract for $522M. 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 Nov 26, 2024 · Austin's famous 'sail tower' sells for $522 million Back to the Plow. 8 Big business news broke last week. 8 million. 10 it is under contract to purchase the property 6 days ago · The $521. Cousins Properties announced it is under contract to purchase Sail Tower, an 804,000 square foot office property in Downtown Austin, for $521. The Atlanta REIT is buying the recently completed building, referred to as the Sail Tower, from Trammell Crow Co. [1] The tower topped out in July 2021. Apr 1, 2019 · Austin-based STG Design Inc. Sep 1, 2022 · The sail-shaped Block 185 tower is on West Cesar Chavez Street and is set to be occupied by Google. 8 million . Dec 11, 2024 · AUSTIN (Austin Business Journal) — Cousins Properties is purchasing downtown Austin’s Sail Tower for $521. 6 days ago · Cousins Properties Closes Sail Tower Acquisition in Austin. Austin. Cousins Properties announced it is acquiring the tower that's shaped like a sail Cousins is excited to announce the acquisition of Sail Tower, an 804,000 square foot trophy lifestyle office property in Austin. in Austin, Texas. Cousins announced Dec. 10, 2024/ PRNewswire/-- Cousins Properties 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. Austin, TX. has agreed to pay $521. What's Austin doing to build up like a big city? 6 days ago · Downtown Austin's Sail Tower to get new owner in $522M deal . 7 million square feet in Downtown Austin which are currently leased at a rate of 93%. Cousins (NYSE: CUZ) announced Dec. 8 million, with the transaction expected to close in Some of the amenities include landscaped terraces on every level of the building and panoramic views of Lady Bird Lake. Sail Tower is located near the… Dec 10, 2024 · Sail Tower, also known as 601 West 2nd Street, is situated in the vicinity of the Second Street entertainment district in Downtown Austin. "We are thrilled to add this iconic office property, with a strong investment grade customer, to our Austin portfolio," said Colin Connolly, President and Chief Executive Officer of Cousins Properties. 8 Cousins Properties announced it is acquiring the building that's shaped like a sail in Downtown Austin for more than $521. Related: Downtown Austin's Sail Tower to get new owner in $522M deal. It is only a few blocks away from Cousins’ existing 1. , also known as Sail Tower, an 804,000-sf office property. Building an Austin Icon: Block 185 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. Jeff Bell, KVUE News. Cousins buys 'sail tower' for $522M. 3% to a total of 11,599, increasing the region's months of inventory to 5. 8 Building Austin: Sail-shaped tower in downtown Austin sells for $521. and MSD Capital. 7% vacancy rate and slowing demand. 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. 7 million square foot downtown Austin office portfolio, which is 93 percent leased. Downtown. The REIT is also the largest owner of office space in the Domain district in North Austin, an interest that includes 2. Located in the heart of downtown Austin, Sail Tower is in close proximity to Austin’s 2nd Street shopping and entertainment district, as well as Lady Bird Lake and Shoal Creek hike and bike trails. 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 10, 2024 · Cousins Properties (NYSE: CUZ) is purchasing downtown Austin’s Sail Tower for $521. gouhx fgni hwut bmvsh sdfdhk enwrs svuo bckzhy zhm jeoefg