777 Main Street building back on the market

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777 Main St.

Photo by Alyson Peyton Perkins

A. Lee Graham

Reporter

The 777 Main St. building is back on the market only a year after Cousins Properties Inc. purchased the former Carter Burgess Plaza in downtown Fort Worth.

The 40-story structure, Fort Worth’s third-tallest skyscraper, was listed for sale on Sept. 15, according to Xceligent Inc., an online real-estate information resource.

Cousins 777 Main Street LLC, the property’s owner of record, acquired the building on Sept. 5, 2013 as one of 11 office buildings that Cousins bought in a $1.1 billion cash deal. 777 Main offers 954,895 square feet of Class A office space and houses the Petroleum Club of Fort Worth, Grace restaurant, Devon Energy Corp., FTS International Inc., Halliburton Services and Winstead PC among its tenants.

The property’s assessed value for 2014 is $120,140,449, up from $110,429,167 the prior year, according to Tarrant Appraisal District information.

lgraham@bizpress.net

 

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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.