FORT WORTH-Cousins Properties of Atlanta hassigned a definitive agreement with Crescent Real EstateEquities LP to pay $1.1 billion for two Texas class Aoffice assets. Under contract are the 980,000-square-foot 777 MainStreet here, and the 10-building, 4.4 million-square-foot GreenwayPlaza portfolio.

The deal is anticipated to close in September 2013. JP MorganSecurities, LLC served as the Company's exclusive financial advisoron the acquisition.

“Greenway Plaza and 777 Main Street are an excellent fit withour portfolio as they are high-quality urban properties withembedded NOI growth and future development potential,” says LarryGellerstedt, President and Chief Executive Officer of Cousins. “Notonly do we expect this transaction to be transformative andaccretive, it immediately expands our Texas platform and providessubstantial geographic diversification at a significant discount toreplacement cost.”

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