Cousins Properties Buys 97.5% Stake in Morgan Stanley’s $1.3B, 700,000 SQFT Uptown Dallas Tower Site With $50MM Commitment

Atlanta-based office REIT Cousins Properties has taken a 97.5 percent stake in a joint venture with Trammell Crow Co. that controls the 2.3-acre Uptown Dallas site of Morgan Stanley's planned regional headquarters, putting in $50 million and setting its sights on a groundbreaking in the first half of 2027.