Other investors might have hesitated to make the purchase because the tenant that has leased the entirety of the 804,000-square-foot tower — tech giant Google — hasn't moved in as expected.

Big business news broke last week. Cousins Properties scooped up the so-called Sail Tower— that highly recognized building on the Austin skyline that's fully leased to Google — for $521.8 million.

Cousin Properties CUZ recently acquired a trophy lifestyle office property, Sail Tower, in Austin, TX. This property, which encompasses 804,000 square feet of space, was purchased for a net price ...

Two major acquisitions—Vantage South End in Charlotte and Sail Tower in Austin—added approximately $1 billion in investments and were immediately accretive to earnings. The company's Sun Belt ...