Business
Business

Cousins Properties sells retail centers

By
Sept 30, 2013

Cousins Properties said Monday it sold a Missouri shopping center and sold its portions in two retail joint ventures as it puts more of its focus on high-end office buildings and “opportunistic” mixed-use projects.

The Atlanta-based real estate investment and management company said it sold Tiffany Springs MarketCenter in metro Kansas City for $54 million. Cousins also said it sold its interests in two joint ventures, which collectively owned eight retail centers in four markets, in a transaction valued at $57 million. Cousins previous owned 11 percent of the partnerships, and sold the interests to its partner, Prudential Insurance Company of America.

About the Author

J. Scott Trubey is the senior editor over business, climate and environment coverage at The Atlanta Journal-Constitution. He previously served as a business reporter for the AJC covering banking, real estate and economic development. He joined the AJC in 2010.

Follow J. Scott Trubey on twitter
More Stories

Keep Reading

“Superman” was one of several Warner Bros. features filmed in Georgia. The director, James Gunn, has ambitions to shoot the second installment in the Peach State. (Jessica Miglio/Warner Bros. Pictures/TNS)

Credit: TNS

What you need to know about the Netflix bid to buy Warner Bros. Discovery

The blockbuster deal, totaling about $72 billion, will create a combined portfolio of many of Hollywood’s best known properties.

AI is reshaping fintech jobs. Georgia is building the talent to match.

Financial technology is the backbone of commerce and a pillar of Georgia’s economy, and it’s one that could be disrupted by artificial intelligence.

Why Big Tech sees Georgia farmland as ripe for data centers

As areas around Atlanta have moved to curtail data center development, tech giants are scouring rural areas to plant massive server farms.

The Latest

A new kind of hybrid, called e-Power, is coming to the U.S. from Nissan. Courtesy of Nissan

Credit: Courtesy of Nissan

OPINION

Nissan’s e-Power: An EV driving experience, fueled by gas

OPINION

December car sales are good but not magic

In the market for a luxury vehicle? You might reconsider Lincoln.

Featured

Ja’Quon Stembridge, shown here in July at the Henry County Republican Party monthly meeting, recently stepped from his position with the Georgia GOP. (Jenni Girtman for the AJC)

Credit: Jenni Girtman

A viral confrontation and a sudden resignation shake up Georgia GOP

The man behind the vigilante sting operation that apparently netted a teenage GOP official says he has no regrets.

Why the Atlanta school board voted to close and repurpose some schools

Sixteen schools will be repurposed under the APS Forward 2040 plan as enrollment falls and the district seeks better resources for students.

Small-town Georgia DA brings almost as many RICO cases as Fulton’s Fani Willis

Griffin Judicial Circuit has brought 13 RICO indictments since June 2020.