Terminus 100 and Terminus 200, Atlanta, GA
ATLANTA -- Cousins Properties Incorporated (NYSE:CUZ):
 |
| Post Oak Central, Houston, TX |
Highlights:
- Funds From Operations for the quarter was $0.11 per share.
- Same property net operating income for the quarter increased 5.0% over the prior year.
- Purchased a 100% ownership interest in Post Oak Central.
- Completed transactions at Terminus 100 and 200 that resulted in a 50% ownership interest in both buildings.
- Subsequent to quarter end, issued 16.5 million shares of common stock, acquired 816 Congress and notified the holders of the Company’s Series A Redeemable Cumulative Preferred Stock that all shares will be redeemed.
- Cousins Properties Incorporated (NYSE:CUZ) today reported its results of operations for the quarter ended March 31, 2013.
 |
| Larry Gellerstedt |
“It was another solid quarter for Cousins, with a series of
positive transactions, a strong operating performance and an uptick in leasing
activity,” said Larry Gellerstedt, President and Chief Executive Officer
of Cousins.
“The execution of
our stock offering and another quality acquisition in Texas, subsequent to the
quarter, represent additional steps forward as we continue to execute the
strategy. It’s a very exciting time to be at Cousins.”
For a complete copy of the company’s news release, please
contact:
Cousins Properties
Incorporated
Gregg D. Adzema, 404-407-1116
Executive Vice President and Chief Financial Officer
or
Cameron Golden, 404-407-1984
Vice President, Investor Relations and Corporate
Communications
No comments:
Post a Comment