Cousins Properties (CUZ) announced that it is under contract to acquire Vantage South End, a 639,000 square foot lifestyle office property in Charlotte, for $328.5M. The transaction is expected to close in December, subject to customary closing conditions. Vantage South End is located in the heart of the dynamic South End submarket and is approximately two blocks away from Cousins’ existing RailYard property as well as its South End Station development parcel. The property is comprised of two office towers, which were completed in 2021 and 2022, and is currently 97% leased with a weighted average lease term of over nine years.
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