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Cousins Properties Inc. (NYSE: CUZ) is a prominent real estate investment trust (REIT) based in Atlanta, GA. Founded in 1958, the company excels in the development, acquisition, financing, management, and leasing of high-quality real estate assets. With a diversified portfolio, Cousins Properties focuses prominently on Class A office buildings primarily located in high-growth Sun Belt markets.
Over its extensive history, Cousins has developed more than 20 million square feet of office space and an equal amount of retail space. The company’s real estate portfolio is mainly comprised of office and mixed-use developments, which include both apartments and retail spaces. Offices represent the majority of their square footage, contributing significantly to their revenue, which is primarily derived from rental income.
Cousins Properties is known for its innovative and sustainable developments and excellent management services. Their assets are concentrated in Texas and Georgia, with a smaller presence in North Carolina. The company's strategic investments aim to create and maintain value for shareholders, partners, and clients.
Recent updates include the release of their third quarter 2023 earnings and dividend declarations, emphasizing their ongoing financial health and commitment to shareholders. The company consistently updates its stakeholders through regular earnings conference calls and has made significant strides in maintaining and enhancing its portfolio’s value.
Cousins Properties operates through its fully integrated, self-administered, and self-managed structure, ensuring effective management of its business operations. With a strong emphasis on trophy assets and opportunistic investments, Cousins continues to grow and establish itself as a leader in the real estate sector.
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