Cousins Properties Announces Agreement to Sell 777 Main

Cousins Properties Incorporated

announced today that it has entered into a binding purchase and sale agreement, with a non-refundable deposit, to sell 777 Main in Fort Worth, Texas. The transaction is scheduled to close by year end, subject to customary closing conditions. 777 Main is a 980,000 square foot, Class-A office tower located in downtown Fort Worth and was 75% leased as of September 30, 2014. Cousins purchased the asset in September 2013 as part of its Crescent Texas acquisition, which included the 4,348,000 million square foot Greenway Plaza office complex in Houston, Texas.