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Banking Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties to sell 777 Main tower in downtown Fort Worth

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Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

A. Lee Graham

Reporter

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

 

The transaction is expected to close by year’s end, subject to customary closing conditions. The buyer was not identified.

 

777 Main, previously known as Carter Burgess Plaza, offers 980,000 square feet of Class A office space. It was 75 percent leased as of Sept. 30, 2014. Cousins purchased the building in September 2013 as part of its Crescent Texas acquisition, which also included the Greenway Plaza office complex in Houston.

 

lgraham@bizpress.net

 

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