The sale is expected to close this month and will be the largest purchase of an office property in Austin this year.
Cousins Properties says it is under contract to acquire 601 West 2nd Street, a 35-story sail-shaped office tower, for $521.8 million.
Google pre-leased the full building in 2021 but never moved and is looking to sublease; Cousins Properties is under contract.
Cousins Properties scoops up 'sail tower' on Austin skyline for $521.8 million. Cousins is Austin's largest office landlord ...
Cousins Properties (NYSE: CUZ) is purchasing downtown Austin’s Sail Tower for $521.8 million.
The glass building will house 11 galleries, and was designed to look like a sailboat opening up in the wind. The center will open with an exhibit called "Voyage of Creation," which will be ...
expand A look at the Sail ... building downtown, where O’Melveny & Myers LLP leased 28,000 square feet earlier this year. Kirkland & Ellis will also be occupying space in The Republic, and like ...
Google also has other office space downtown, including at 500 West 2nd St., next door to the sail building, which also is known as Sail Tower for its design. More: Source: Google to occupy 35 ...
A Google spokesperson did not return a call and email about whether any employees are working in the building currently. Google also has other office space downtown, including at 500 West 2nd St., ...