Cousins Properties Sells 173,000 SQFT Research Park Plaza V in Austin for $42MM, Commits $31.5MM to Endeavor’s 5th & Walsh

JLL Capital Markets closed a pair of Austin transactions for Cousins Properties on the same day, pairing a $42 million exit from a Northwest submarket office building with a $31.5 million preferred equity bet on Endeavor Real Estate Group's next headquarters, a trade that shows how Sun Belt landlords are reshuffling capital as Austin's office market posts its first positive first-half absorption since 2022.