Public | |
Traded as | : CUZ S&P 400 Component |
Headquarters | Atlanta |
Revenue | $224.9 million (2009) |
Website | cousinsproperties.com |
Cousins Properties, Inc., headquartered in Atlanta, Georgia, is a real estate investment trust, and one of the oldest publicly traded real estate companies in the country. It was formed in 1958 by Tom Cousins and has been publicly traded since 1962. It became a real estate investment trust in 1987.
In 2009, its annual revenues were $224.9 million. In 2006, it was described by the Atlanta Journal-Constitution as "the metro area's leading developer". The company developed and later sold the Bank of America Plaza in Atlanta, at the time the tallest building in the Southern United States. Other notable structures that it has developed include CNN Center, Omni Coliseum, and 191 Peachtree Tower in Atlanta, and the Frost Bank Tower in Austin, Texas. Among other holdings, it also owns and operates the American Cancer Society Center in Atlanta.
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.
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.
Cousins' projects include: