In a major property swap among two of the industry's biggest REITs, Equity Office Properties Trust (NYSE:EOP) sold 191 Peachtree in downtown Atlanta to Cousins Properties (NYSE:CUZ) for $153 million. In turn, Equity Office will acquire Cousins’ Frost Bank Tower in Austin for $188 million. Both sales are expected to close in September.
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401 Congress Ave, Austin, TX
191 Peachtree St, Atlanta, GA