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| Post Oak Central, Houston, TX |
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| Larry Gellerstedt |
ATLANTA, GA -- Cousins Properties Incorporated (NYSE: CUZ)
announced it has signed a 230,000 square foot lease extension with Stewart
Information Services Corporation (NYSE: STC) at Post Oak Central in
Houston, Texas.
Stewart, whose lease was scheduled to expire in September 2016,
extended its term for three years to September 2019.
"We are honored to continue our relationship with a
well-respected and industry-leading service provider like Stewart," said
Larry Gellerstedt, president and chief executive officer of Cousins.
"Stewart is a great example of the strong and
financially stable customer base in our Houston portfolio, where eight of our
ten largest customers have investment grade ratings. With the execution of this
extension, our 5.6 million square foot Houston portfolio is now 96% leased with
over 6 years of weighted average lease term."
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 assets
located in high growth Sunbelt markets, with a focus on Georgia, Texas and
North Carolina.
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.
For a complete copy
of the company’s news release, please contact:
Marli Quesinberry, 404-407-1898
Director, Investor Relations
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