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Cousins Properties to Acquire TIER in All-Stock Deal

Transaction Aimed at Creating Dominant Sun Belt Office Owner
Cousins Properties agreed to buy fellow real estate investment trust TIER REIT and plans to keep the headquarters of the combined company in Atlanta. Image: CoStar
Cousins Properties agreed to buy fellow real estate investment trust TIER REIT and plans to keep the headquarters of the combined company in Atlanta. Image: CoStar
CoStar News
March 25, 2019 | 2:32 P.M.

Cousins Properties plans to acquire fellow real estate investment trust TIER REIT in a deal to create a company with a $7.8 billion market value that owns offices from Charlotte, North Carolina, to Phoenix as more businesses expand across the Sun Belt.

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