Cousins Properties Signs 125,000 Square Foot Lease with Amgen at Corporate Center in Tampa, FL

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Mar 27, 2017, 16:15 ET

ATLANTA, March 27, 2017 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that Amgen, one of the world's leading biotechnology companies, has signed a 10-year, approximately 125,000 square-foot lease at Corporate Center, a 1,224,000 square foot Class A office asset located in the Westshore submarket of Tampa, FL.

"We are thrilled that Amgen has chosen Corporate Center for their new location in Tampa," said Larry Gellerstedt, president and chief executive officer of Cousins Properties. "Amgen is a cutting-edge global company at the forefront of biopharmaceutical technology and innovation. We look forward to a strong relationship with Amgen for many years to come."

The 125,000 square-foot Tampa space will be home to a new Amgen Capability Center, staffed with approximately 450 Amgen employees, responsible for the delivery of business-enabling services including operational, analytical, staff support and business support activities.

Amgen plans to open its new Tampa location in late 2017.

Including the 125,000 square foot lease with Amgen, Cousins has signed approximately 202,000 square feet of new and renewal leases in Tampa during the first quarter of 2017.

About Cousins Properties Incorporated
Cousins Properties Incorporated is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA primarily invests in Class-A office towers located in high growth Sunbelt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments. For more information, please visit www.cousinsproperties.com.

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SOURCE Cousins Properties Incorporated