Cousins Properties Announces New Leases at One Ninety One Peachtree Tower

Leasing at the downtown Atlanta Class A office tower reaches 92 percent

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May 19, 2016, 04:15 ET

ATLANTA, May 19, 2016 /PRNewswire/ -- Cousins Properties Incorporated (NYSE: CUZ) announced today it has signed two new leases totaling 50,940 square feet at One Ninety One Peachtree Tower in Atlanta.

"We are pleased to announce new leasing activity at One Ninety One Peachtree," said Larry Gellerstedt, president and chief executive officer of Cousins. "The addition of two well-respected Atlanta organizations to an already first class customer roster further establishes One Ninety One Peachtree Tower as the preferred location for Atlanta to do business downtown."

One Ninety One Peachtree Tower is a 50-story, 1.2 million square-foot Class A office tower located in downtown Atlanta. Leasing at the Class A office building has reached 92 percent, up from 89 percent at the end of first quarter 2016.

About Cousins Properties Incorporated

Cousins Properties Incorporated is a leading diversified real estate company with extensive experience in development, acquisition, financing, management and leasing. Based in Atlanta, the Company actively invests in top-tier urban office assets and opportunistic mixed-use developments in Sunbelt markets. Since its founding in 1958, Cousins has developed 20 million square feet of office space, 20 million square feet of retail space, more than 3,500 multi-family units and more than 60 single-family neighborhoods. The Company is a fully integrated equity real estate investment trust (REIT) and trades on the New York Stock Exchange under the symbol CUZ. For more information, please visit www.cousinsproperties.com.

CONTACT:
Marli Quesinberry
Director, Investor Relations
404-407-1898
[email protected]

SOURCE Cousins Properties Incorporated