ATLANTA, GA--Cousins Properties Incorporated (NYSE: CUZ) announced the sale of its two remaining industrial buildings, along with the remainder of its Texas industrial land for total proceeds of $72.2 million. Cousins’ share of the proceeds totaled $65.2 million.
King Mill Building 3, a 796,450-square-foot building in Atlanta, Georgia, was sold to an affiliate of IDI.
Lakeside Ranch Building 20, a 748,831-square-foot building in Dallas, was sold to Duke Realty. Included in the sale were two land parcels within the Lakeside Ranch Business Park (top left photo) and an additional development site in Lancaster, Texas. Remaining Industrial Buildings And Texas Industrial Land Sold For $72.2 Million
Contact:
Cousins Properties Incorporated
Cameron Golden, 404-407-1984
Director of Investor Relations and Corporate Communications
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