Cousins Properties
Cousins Properties, Inc. (NYSE: CUZ), headquartered in Atlanta, Georgia, is a real estate investment trust,[1][2] and one of the oldest publicly traded real estate companies in the country.[3] It was formed in 1958[4] by Tom Cousins and has been publicly traded since 1962.[5][6] It became a real estate investment trust in 1987.[7]
In 2009, its annual revenues were $224.9 million.[8] In 2006, it was described by the Atlanta Journal-Constitution as "the metro area's leading developer".[9][10] The company developed and later sold the Bank of America Plaza in Atlanta, at the time the tallest building in the Southern United States.[11] Other notable structures that it has developed include CNN Center, Omni Coliseum, and 191 Peachtree Tower in Atlanta,[5] [12][13][14] and the Frost Bank Tower in Austin, Texas.[15] Among other holdings, it also owns and operates the American Cancer Society Center in Atlanta.[12]
Thomas Cousins retired from his position as CEO in 2002, but stayed on as chairman of the board of directors until the end of 2006.[16]
As of 2009, Cousins has been reported to have developed over 20 million feet of office space, 20 million more in retail space, and more than 60 suburban housing developments.[17]
References
- ^ Woods, Walter (April 9, 2005). "Cousins Properties hands out raises to CEO, other top managers". Atlanta Journal-Constitution. http://www.accessmylibrary.com/article-1G1-131305641/cousins-properties-hands-out.html. Retrieved 3 March 2010.
- ^ Ray A. Smith (November 3, 1999). "GE Wanna-Be Cousins Properties Strives for 'Growth Stock' Label". The Wall Street Journal. http://online.wsj.com/article/SB941588182102925728.html?mod=googlewsj. Retrieved March 5, 2010. ("Cousins Properties Inc., a real-estate investment trust with an emphasis on development, wants its stock to be valued like those of big-name growth companies such as General Electric Co. and Coca-Cola Co.")
- ^ Dean Starkman (January 8, 2002). "Cousins Properties' Stone to Step Aside To Take Post With Operating in Texas". The Wall Street Journal. http://online.wsj.com/article/SB1010447231894923320.html?mod=googlewsj. Retrieved March 5, 2010.
- ^ Associated Press (May 4, 1968). "Hawks Sold To Atlanta". Gettysburg Times. http://news.google.com/newspapers?id=mTUmAAAAIBAJ&sjid=cf4FAAAAIBAJ&pg=4239,5148412. Retrieved March 5, 2010.
- ^ a b Walter Woods (November 17, 2006). "Developer Cousins to retire". The Atlanta Journal-Constitution. http://www.accessmylibrary.com/article-1G1-154703995/developer-cousins-retire.html. Retrieved March 6, 2010.
- ^ "Cousins Properties Incorporated: Company Overview". Cousinsproperties.com. http://www.cousinsproperties.com/about/overview.html. Retrieved 2010-03-03.
- ^ Jane Aldinger (March 5, 2004). "Cousins joins in Collierville mall venture". Memphis Business Journal. http://memphis.bizjournals.com/memphis/stories/2004/03/08/story2.html. Retrieved March 6, 2010.
- ^ "Cousins profit up 18 percent in 2009". Atlanta Business Chronicle:. Atlanta.bizjournals.com. 2010-02-08. http://atlanta.bizjournals.com/atlanta/stories/2010/02/08/daily29.html. Retrieved 2010-03-03.
- ^ Woods, Walter (August 3, 2006). "Cousins Properties to move headquarters downtown". Atlanta Journal-Constitution. http://www.accessmylibrary.com/article-1G1-149040538/cousins-properties-move-headquarters.html. Retrieved 3 March 2010.
- ^ "Atlanta's Cousins a towering success". The Atlanta Journal-Constitution. October 6, 1998. http://nl.newsbank.com/nl-search/we/Archives?p_product=AT&p_theme=at&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=0EADA3F215BF3947&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM. Retrieved March 6, 2010. ("There would be a lot less Atlanta skyline without Tom Cousins. The Atlanta developer has been responsible for much of the look and feel of metro Atlanta's vast skyline.")
- ^ Woods, Walter (May 5, 2006). "Cousins Properties puts Atlanta skyscraper up for sale". Atlanta Journal-Constitution. http://www.accessmylibrary.com/article-1G1-145397310/cousins-properties-puts-atlanta.html. Retrieved 3 March 2010.
- ^ a b Sonny Lufrano (March 2, 2001). "Tom Cousins builds dynasty from the heart". Atlanta Business Chronicle. http://atlanta.bizjournals.com/atlanta/stories/2001/03/05/focus1.html. Retrieved March 6, 2010.
- ^ "History Makers: The 45 greatest Atlantans of the last 45 years". Atlanta (magazine). May 2006. http://books.google.com/books?id=fw8AAAAAMBAJ&pg=PA111#v=onepage&q=&f=false. Retrieved March 6, 2010.
- ^ "Cousins new-build points to new era of building". National Real Estate Investor. November 1, 1997. http://nreionline.com/mag/real_estate_cousins_newbuild_points/. Retrieved March 6, 2010.
- ^ A.J. Mistretta (August 4, 2006). "Frost Bank Tower sells for record $188 million". Austin Business Journal. http://www.bizjournals.com/austin/stories/2006/07/31/daily30.html?from_rss=1. Retrieved March 6, 2010.
- ^ "Thomas Cousins set to retire". Atlanta Business Chronicle. November 16, 2006. http://www.bizjournals.com/atlanta/stories/2006/11/13/daily40.html. Retrieved March 6, 2010.
- ^ "Atlanta's Cousins Properties shifts management". Alpharetta Roswell Revue & News. February 7, 2009. http://www.northfulton.com/Articles-c-2009-02-17-176824.114126-sub_Atlantas_Cousins_Properties_shifts_management.html. Retrieved March 5, 2010.