{"id":1004126685,"date":"2015-09-02T05:38:22","date_gmt":"2015-09-02T13:38:22","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=359830"},"modified":"2021-05-15T01:32:25","modified_gmt":"2021-05-15T09:32:25","slug":"full-house-at-cousins-new-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/full-house-at-cousins-new-tower\/","title":{"rendered":"Full House at Cousins\u2019 New Tower"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<p><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Colorado-Tower.png\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-359834 alignright\" title=\"Colorado Tower\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Colorado-Tower.png\" alt=\"Colorado Tower\" width=\"247\" height=\"300\" \/><\/a><\/p>\n<p style=\"text-align: justify\">Austin\u2019s newest office tower is fully leased. <a href=\"https:\/\/coloradotower.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Colorado Tower<\/a>, the 30-story, 373,000-square-foot Class A property developed by <a href=\"https:\/\/cousinsproperties.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Cousins Properties Inc.,<\/a> is expected to reach stabilized occupancy in the first quarter of 2016.<\/p>\n<p style=\"text-align: justify\">The $126 million office building was delivered in January 2015, after approximately 18 months in development. When Cousins began construction, only 17 percent of the space was pre-leased. Its tenants include Parsley Energy Inc., Atlassian Inc., and Munsch Hardt Kopf &amp; Harr P.C.<\/p>\n<p style=\"text-align: justify\">\u201cAustin\u00a0continues to exceed our expectations,\u201d Larry Gellerstedt, president &amp; CEO of Cousins Properties said in a statement. \u201cWith Colorado Tower now 100 percent leased at rents which have grown over 35 percent since our initial leasing efforts began in 2012, this project represents another outstanding win for Cousins and our shareholders.\u201d<\/p>\n<p style=\"text-align: justify\"><em>Image courtesy of Colorado Tower<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Austin&#8217;s newest skyscraper is fully leased.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1578],"tags":[],"class_list":["post-1004126685","post","type-post","status-publish","format-standard","hentry","category-austin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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