Cousins Properties Announces Public Offering of 8.7 Million Shares of Common Stock

ATLANTA, GA -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) announced it has commenced an underwritten public offering of 8.7 million shares of its common stock.

The Company intends to use the net proceeds of the offering to redeem in full the Company's outstanding 7.50% Series B Cumulative Redeemable Preferred Stock.

 Any remaining proceeds will be used for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt.

Wells Fargo Securities will serve as the underwriter of the offering.

For a complete copy of the company’s news release, please contact:

Cousins Properties Incorporated

Marli Quesinberry, 404-407-1898

Director of Investor Relations and Corporate Communications

marliquesinberry@cousinsproperties.com