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| Promenade Office Tower, Atlanta, GA |
ATLANTA — (January 28, 2013) — Cousins Properties
Incorporated (NYSE: CUZ) has signed Colliers International, a leading
commercial real estate firm, to a new 35,000-square-foot lease at Promenade
office tower in Midtown Atlanta.
The move to Promenade, scheduled for February 2014, will
consolidate Collier’s Midtown and Central Perimeter offices into one location,
leaving room to expand beyond its current roster of 150 Atlanta employees. Colliers has been a prominent Midtown tenant
since 1986.
“We’re thrilled to consolidate our Atlanta operations at
Promenade,” said Bob Mathews, President of Colliers International
Atlanta.
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| Bob Matthews |
“The central location in the heart of Midtown - coupled with Cousins’
comprehensive improvements to the building - makes it a perfect place for
Colliers to retain and recruit top talent while continuing to grow the business
in the years ahead.”
Cousins’ improvements to the Promenade complex include a
redesigned 15th street entrance and garden, an enhanced parking deck, a new
fitness facility, the chef-driven Bistro 1230 and The Bean Counter coffee shop.
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| Larry Gellerstedt |
“Having done business with Colliers for many years, we’re
excited to expand our relationship with such a first class firm,” said Cousins
CEO Larry Gellerstedt. “We’re
particularly delighted for Promenade to receive this type of endorsement from
one of the most respected names in the real estate business.”
Cousins acquired Promenade, the 774,000-square-foot Class-A
office tower, in November 2011. The building now is 77 percent leased, up from
58 percent at the time of purchase.
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
Website: www.cousinsproperties.com
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