 |
| Rendering of planned Colorado Tower, Downtown, Austin, TX |
 |
| Rachel Coulter |
AUSTIN, TX--Cousins Properties Incorporated (NYSE: CUZ) has
signed three new leases, totaling 109,620 square feet, at Colorado Tower
in Downtown Austin, TX.
Leasing at the Class-A office development has reached 51
percent, up from 22 percent at the end of 2013, with approximately 182,000
square feet still available.
"We are excited to announce over 109,000 square feet of
new leasing activity at Colorado Tower," said Larry Gellerstedt,
President and Chief Executive Officer of Cousins.
"The addition of these outstanding customers to an
already first class roster further demonstrates the compelling value
proposition of the project and the continued strength of the Austin CBD."
Additional information on these leases:
- Hawkeye
Partners leased 11,636 square feet and was represented by Jim Crouch.
- Atlassian
leased 24,141 square feet and was represented by Jeff Pace and Jake Ragusa
with JLL.
- Parsley Energy leased 73,843 square feet and was represented by Will Douglas and Nathan Lawrence with CBRE and Jim Bell with Studley.
 |
| Larry Gellerstedt |
Cousins was represented on all deals by Rachel Coulter
and Kevin Kimbrough with Oxford Commercial.
Projected to be delivered December 2014, the
373,000-square-foot, Class-A office development will be the first high-rise
tower built in Austin since Cousins developed Frost Bank Tower in 2003.
Cousins has played a prominent role in the Austin real
estate market for over 20 years, with a list of notable projects including
Frost Bank Tower, Palisades West, and its recent acquisition of 816 Congress.
For a complete copy of the company’s news release, please
contact:
Cousins Properties Incorporated
Tim Hendricks, 512-477-3434
Senior Vice President
or
Marli Quesinberry, 404-407-1898
Director, Investor Relations
No comments:
Post a Comment