Cousins Properties closes acquisition of Parkway — here’s how it affects Austin

One of the biggest office deals to impact Austin closed Thursday morning withCousins Properties Inc. (NYSE: CUZ) formalizing is acquisition of Parkway Properties Inc. (NYSE: PKY).

The deal worth upward of $5 billion has dramatic implications for Austin, where Cousins now becomes the largest landlord, at least downtown.

Read more at Austin Business Journal.