Done Deals: Cousins Announces More Retailers at The Avenue(R) Forsyth

Aeropostale, American Eagle and NY & Co. Among Latest Retailers Coming to 527,000-Square-foot Mixed-use Development in Suburban Atlanta

ATLANTA, GA--Cousins Properties Incorporated (NYSE:CUZ) announces a new list of retailers that have signed leases at The Avenue Forsyth, (photos at top and at left) a 527,000-square-foot mixed-use development atthe intersection of Georgia 400 and Georgia 141 (Peachtree Parkway) in Forsyth County, one of the U.S Census Bureau's top 10 fastest growing counties for 2007.

Construction of phase I of the project, which includes 64,000 square feet of office space, began in January 2007 and the project will open on May 14. In addition, Cousins owns 39 adjacent acres for future expansion of the project.

The retailers with signed leases at The Avenue Forsyth include Aeropostale, AMC Avenue Forsyth 12, American Eagle, Ann Taylor Loft, Aria (Aveda), Avalon Nails, Barnes & Noble, Bath & Body Works, Chico's, The Chocolatier;

Christopher and Banks, Circuit City, CJBanks, Claire's, Coldwater Creek, Dreamy Gelato, DSW, Fuzzwig's CandyFactory, Game Stop, GNC, Ichiban Steak & Sushi, J. Jill, Jos. A. Bank, Lane Bryant;

Lenscrafters, Limited Too, Little Azio, Movie Stop, Natural Body Spa & Shop, New York & Company, Origins, Outside World, Rack Room Shoes, Relax the Back, Select Comfort, Straw Dog, StrideRite, Sunglass Hut, Surftown USA, Sweet & Sassy, Tailgaters Alley, Talbots, Ted's Montana Grill, Victoria's Secret, White House/Black Market and Yogurberry.

Outparcel leases include Chick-fil-A, Colonial Bank, CVS, Jim & Nick's BBQ, The Firkin & Crown, Red Robin andSunTrust. In addition to these signed leases, there are addi

tional retailer commitments that bring the retail space in phase I to 70 percent committed.

"The quality of these retailer and restaurant commitments speaks volumes about the dynamic and affluent trade area around The Avenue Forsyth," said Joel Murphy, (top right photo) president of Cousins' Retail Division. "We look forward to bringing The Avenue concept to the great communities that make Forsyth County such a wonderful place to live, work, shop and dine."

The Avenue Forsyth is Cousins' fifth Atlanta-area Avenue-concept center and the ninth the Company has developed since 1998. The Avenue concept, introduced by Cousins Properties in 1998, has been extremely well re

ceived by consumers and retailers alike.

In contrast to a mall, these open-air, pedestrian friendly centers appeal to the discriminating and often time-constrained shopper looking for premier national retailers, select local merchants and specialty restaurants in a convenient setting.

Cousins Propertie

s has opened or has under construction five Avenues in the Atlanta area, one in suburban Memphis, one in suburban Nashville and one in Viera, Fla.

For more information about The Avenue, please visit http://www.shoptheavenue.com/

Celebrating its 50th anniversary in 2008, Cousins Properties Incorpo

rated is a leading diversified real estate company with extensive experience in development, acquisition, financing, manageme

nt and leasing.

Based in Atlanta, the Company actively invests in office, multi-family, retail, industrial and land developmentprojects. Since its founding, 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, please visitwww.cousinsproperties.com.