---
schema_version: "secwatch.filing_event.v1"
accession: "0000025232-24-000071"
form_type: "8-K"
ticker: "CUZ"
cik: "0000025232"
company_name: "COUSINS PROPERTIES INC"
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:19:53.864626+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cousins Properties to acquire Sail Tower in Austin for $521.8M

## Summary
- 804,000 sq ft trophy office property in Downtown Austin; net purchase price $521.8M.
- 100% leased to a Fortune 20 company (S&P: AA+) through 2038.
- Property developed in 2022; located near existing 1.7M sq ft Cousins portfolio.
- Transaction expected to close December 2024, subject to customary conditions.
- Acquisition is immediately accretive to earnings per management.

## SEC filing metadata
- accession: 0000025232-24-000071
- form_type: 8-K
- ticker: CUZ
- cik: 0000025232
- company_name: COUSINS PROPERTIES INC
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25232/000002523224000071/0000025232-24-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25232/000002523224000071/cuz-20241210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000025232-24-000071
- JSON: https://secwatch.observer/filing/0000025232-24-000071.json
- Plain text: https://secwatch.observer/filing/0000025232-24-000071.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.