M&A
confidence high
sentiment positive
materiality 0.80
Cousins Properties to acquire Vantage South End in Charlotte for $328.5M
COUSINS PROPERTIES INC
- 639,000 sq ft lifestyle office property; 97% leased with >9-year WALT.
- Off-market transaction at meaningful discount to replacement cost, immediately accretive to earnings per CEO.
- Expected to close in December 2024 subject to customary conditions.
- Property consists of two towers completed in 2021/2022, two blocks from Cousins' existing RailYard and South End Station.