Saturday, August 9, 2008

Cousins Bring III Forks and Cantina Laredo to Terminus 200

Dallas-Based Restaurants Add Destinations to Landmark Terminus Project

ATLANTA, GA--Cousins Properties Incorporated (NYSE:CUZ) announces two restaurant leases at Terminus 200, (Terminus 100 top left photo) the under-construction 25-story, 565,000 square-foot office building in Cousins' Terminus development in Atlanta's Buckhead submarket.

Two Texas-based restaurants, III Forks (bottom right photo) and Cantina Laredo,(middle left photo) have signed leases for locations at Terminus 200 when it opens in 2009.

Both III Forks Prime Steakhouse and Cantina Laredo will be new to the Atlanta market. Both restaurants are owned by Dallas-based Consolidated Restaurant Operations, Inc. (CRO). III Forks is an all-prime steakhouse with existing locations in Dallas, Austin and Palm Beach Gardens, Florida.
Cantina Laredo offers gourmet Mexican dining with 24 locations in eight states.

"Much of what makes Terminus more than simply an office orresidential project is the vibrant atmosphere created by our diverserestaurant lineup.

"Adding III Forks and Cantina Laredo to the projectmakes Terminus a one-of-a-kind dining destination in Atlanta," said Larry Gellerstedt (top right photo) , executive vice president and chief development officer for Cousins.

CRO Chief Executive Officer John D. Harkey, Jr. said, "We are extremely excited to serve the Atlanta market. Buckhead is one of th emost robust dining and entertainment areas in the country. Terminus 200 is the perfect setting to launch Cantina Laredo, serving gourmet Mexican food, along with our prime steakhouse, III Forks."

III Forks and Cantina Laredo will join a host of other destinationrestaurants at Terminus, including AquaKnox, BrickTops, The Flying Biscuit Cafe, LOLA Bellini Bar & Restaurant and MF Buckhead.

In recen tmonths, Terminus has received additional restaurant commitments from Chick-fil-A and Dressed, a new specialty salad restaurant.

Terminus 200 is the newest phase of the 10-acre Terminus development, which includes the signature Terminus 100 office building and 10 Terminus Place, the first Terminus residential tower, set to open this summer.

Terminus 200 is being developed by a joint ventureof Cousins and Prudential Real Estate Investors.

Cantina Laredo and III Forks are part of Dallas-based Consolidated Restaurant Operations, Inc. (CRO) which operates and franchises 117 restaurants in 12 states, employs 6,000 and has system wide sales of approximately $250 million.

CRO also operates and franchises SilverFox, Cool River, El Chico, Good Eats and Lucky's. www.croinc.com. CRCis one of the largest private companies in the Dallas-Fort Worth area (home to more than 16 "Fortune 500" companies and 4.8 million residents).

CONTACTS:

Cousins Properties Incorporated, Investment Community: Jim Fleming, Chief Financial Officer, 404-407-1150, jimfleming@cousinsproperties.com or

Media: Matt Gove, Senior Vice President, 404-407 1490

No comments:

Post a Comment