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Cousins Properties Inc (CUZ) delivers timely updates on its Class A office portfolio and Sun Belt market strategy through this centralized news hub. Investors and stakeholders gain access to official press releases, financial disclosures, and operational developments from the fully integrated REIT.
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Cousins Properties (NYSE: CUZ) announced that Visa (NYSE: V) has signed a long-term lease for approximately 123,000 square feet at 1200 Peachtree in Midtown Atlanta. This move is expected to generate around 1,000 new jobs in the region as Visa establishes a permanent office presence, with initial occupancy anticipated in Q4 2022. Cousins acquired the property in 2019 and plans significant renovations to enhance its appeal for multi-customer use following Norfolk Southern's move to a new headquarters.
Cousins Properties (NYSE: CUZ) has declared a cash dividend of $0.31 per common share for the third quarter of 2021. This dividend will be payable on October 15, 2021, to shareholders of record as of October 5, 2021. Established in 1958, Cousins Properties specializes in high-quality Class A office buildings in prime Sun Belt locations, enhancing shareholder value through strategic investments and management.
Cousins Properties (NYSE: CUZ) has completed three significant transactions in July 2021, enhancing its portfolio in key Sun Belt markets. The company sold One South at the Plaza in Charlotte for $271.5 million, currently 58% leased. It acquired 725 Ponce in Atlanta for $300.2 million, fully leased, and entered a joint venture to develop a mixed-use project in Nashville. The Nashville project will include 448,000 square feet of office and retail space plus 542 residential units, reflecting Cousins' commitment to quality growth in high-demand areas.
Cousins Properties (NYSE: CUZ) reported its second-quarter results on July 29, 2021. The company, focused on Class A office buildings in high-growth Sun Belt markets, has a strategy centered around trophy assets and opportunistic investments. The earnings release, supplemental information, and Form 10-Q are available on their website. A conference call to discuss the results is scheduled for July 30, 2021, at 10:00 a.m. ET, and will be accessible via phone and webcast. Cousins, founded in 1958, aims to enhance shareholder value through its expertise in real estate management.
Cousins Properties (NYSE:CUZ) will announce its second quarter 2021 earnings on July 29, 2021, post-market. A conference call is scheduled for July 30, 2021 at 10:00 a.m. ET, accessible via (877) 247-1056 or webcast on their website. Playback will be available until August 6, 2021. Detailed financial information will be posted on their Investor Relations page after the earnings release. Cousins Properties focuses on Class A office buildings in high-growth Sun Belt markets and aims to create shareholder value through strategic real estate investments.
Cousins Properties (NYSE: CUZ) declared a cash dividend of $0.31 per common share for Q2 2021. The dividend will be payable on July 19, 2021, to shareholders of record as of July 6, 2021. As a real estate investment trust based in Atlanta, Cousins focuses on Class A office buildings in growth Sun Belt markets, aiming to create shareholder value through strategic asset management and opportunistic investments.
Cousins Properties (NYSE: CUZ) announced the appointment of Dionne Nelson to its Board of Directors effective May 21, 2021. This election expands the board to nine members. Nelson is the President and CEO of Laurel Street, bringing over 20 years of real estate development experience. She has a history in affordable housing and previously held senior positions at Crosland and as a consultant at McKinsey & Company. Her election is anticipated to enhance Cousins' strategic direction, particularly in the Sun Belt markets.
Cousins Properties (NYSE: CUZ) announced plans to commence development of Domain 9, a 335,000 square foot office building in Austin, with a projected cost of $147 million. Expected to deliver by mid-2023, this development aims to meet the growing demand for Class A office spaces in the area. The company’s existing 2.1 million square foot Domain portfolio is currently 98% leased, with potential for further expansion. Executives highlight Austin's strong job growth and corporate relocations, underscoring confidence in attracting high-quality tenants.
Cousins Properties (NYSE: CUZ) announced its first-quarter results on April 29, 2021. The company primarily invests in high-quality Class A office buildings across growth-oriented Sun Belt markets. A conference call is scheduled for 11:00 a.m. ET on April 30, 2021, to discuss these results, with a replay available for seven days. Investors can access the Earnings Release and more detailed information on Cousins' official website.
Cousins Properties (NYSE:CUZ) will release its Q1 2021 earnings on April 29, 2021, after market close. A conference call is scheduled for April 30, 2021, at 11:00 a.m. Eastern Time, accessible at (877) 247-1056. The live webcast can be found on the Company's website. Playback will be available from April 30 to May 7, 2021. Financial data will be published on the Company’s website following the earnings release, in the Investor Relations section.
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