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| Promenade office tower, Midtown Atlanta, GA |
ATLANTA — (July 22, 2013) — Cousins Properties Incorporated
(NYSE: CUZ) has signed Frazier & Deeter LLC, a leading CPA and advisory
firm, to a new multi-floor lease at its Promenade office tower in Atlanta’s
Midtown Arts District.
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| Seth McDaniel |
Frazier &
Deeter, the second largest independent CPA and advisory firm in Georgia and the
10th fastest growing accounting firm in the U.S. in 2012, will transform
multiple floors of Promenade’s Class-A office space into its national
headquarters.
“We’re excited to
bring our headquarters to Promenade,” said Seth McDaniel, Managing
Partner at Frazier & Deeter. “Promenade’s great amenities and Midtown
location will appeal to the top talent that we need to help grow our business.
Cousins’ commitment to creating a great workplace environment is energizing and
we look forward to the move.”
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| Larry Gellerstedt |
Cousins has
completed renovations of Promenade, including a redesigned 15th street plaza
and entrance, as well as a new fitness facility, chef-driven Bistro 1230 and
The Bean Counter coffee shop.
“Frazier &
Deeter is a wonderful addition to the building and we look forward to a long
and successful relationship,” said Larry Gellerstedt, CEO of Cousins Properties.
“The re-location of another high-profile headquarters further validates our
investment in Promenade.”
In the second
quarter, Cousins executed five transactions at Promenade, generating 114,000
square feet of incremental leasing activity.
The building now is 88 percent leased, up from 58 percent at the time of
purchase.
Cousins acquired
Promenade, the 774,000-square-foot Class-A office tower, in November 2011. The
building still has more than 100,000 square feet of space available, including
floors with great views of Midtown and its surroundings.
For a complete
copy of the company’s news release, please contact:
Cameron Golden
Vice President of Investor Relations and Corporate
Communications
(404) 407-1984
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