Cousin Properties (CUZ) recently announced that it has entered into a lease arrangement with a Fortune 100 technology company for around 320,000 square feet of all of its Domain 12 property in Austin, TX. The said customer is new to Cousins' portfolio and will take up the ongoing lease from Meta Platforms, effective from Jan. 1, 2026, extending its maturity from 2031 to 2040. Cousins' Domain portfolio, spanning around 2.5 million square feet, is at present more than 99% leased, reflecting the solid demand f ...

ATLANTA, Sept. 5, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that a Fortune 100 technology company has signed a 320,000 square foot lease for all of its Domain 12 property in Austin. This customer, new to the Cousins portfolio, will assume the existing lease at Domain 12 from Meta Platforms and extend the lease maturity from 2031 to 2040. The lease assumption will be effective January 1, 2026. Domain 12, delivered in 2020, is located directly adjacent to The Domain's main dining and ...

For Immediate Release Chicago, IL – August 28, 2024 – Today, Zacks Equity Research discusses, Healthpeak Properties, Inc. (DOC) , Lamar Advertising Co. (LAMR) and Cousins Properties Inc. (CUZ) . Industry: Equity REITs Link: https://www.zacks.com/commentary/2327668/3-equity-reit-stocks-worth-investing-in-as-the-industryrebounds The REIT and Equity Trust - Other industry is likely to benefit from the resilience and strong fundamentals of a number of asset categories. Healthy trends in healthcare real estate, ...

The REIT and Equity Trust - Other industry is likely to benefit from the resilience and strong fundamentals of a number of asset categories. Healthy trends in healthcare real estate, advertising space and selective rebound in the office category poise players like Healthpeak Properties, Inc. (DOC) , Lamar Advertising Company (LAMR) and Cousins Properties Incorporated (CUZ) well for growth. Moreover, the recent expectations regarding the interest rate cut have renewed enthusiasm in the REITs. However, geopol ...

P n i E fi ITA e - 100 jgroup As most know, legendary investor Benjamin Graham famously authored The Intelligent Investor, in which he describes the "Margin of Safety" as the single-most important concept that's central to the investing process. In his book, Graham explains, The function of the margin of safety is, in essence, that of rendering unnecessary an accurate estimate of the future. If the margin is a large one, then it is enough to assume that future earnings will not fall far below those of the p ...

Shares of Cousins Properties (CUZ) have rallied 11.1% year to date, outperforming the industry's growth of 1.6%. Cousins Properties' portfolio of class A office assets is concentrated in the high-growth markets in the Sun Belt region. The company is witnessing higher leasing activity amid tenants' preference for premium office spaces with class-apart amenities. Its capital-recycling efforts and healthy balance sheet augur well. Later in July 2024, CUZ reported second-quarter 2024 funds from operations (FFO) ...

ATLANTA, Aug. 13, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company" or "Cousins") (NYSE:CUZ) announced today that its operating partnership, Cousins Properties LP (the "Operating Partnership"), has priced an offering of $500 million aggregate principal amount of 5.875% senior unsecured notes due 2034 at 99.708% of the principal amount. The offering is expected to close on August 16, 2024, subject to the satisfaction of customary closing conditions. Cousins intends to use the net proceeds f ...

Cousins Properties' (CUZ) portfolio of class A office assets is concentrated in the high-growth markets in the Sun Belt region. The company is witnessing higher leasing activity growing out of tenants' preference for premium office spaces with class-apart amenities. Its capital-recycling efforts and healthy balance sheet augur well. Later in July 2024, CUZ reported second-quarter 2024 funds from operations (FFO) per share of 68 cents, which beat the Zacks Consensus Estimate of 66 cents. Results reflected de ...

Cousins Properties Incorporated (NYSE:CUZ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Pamela Roper - General Counsel Colin Connolly - President & Chief Executive Officer Richard Hickson - EVP of Operations Kennedy Hicks - EVP & Chief Investment Officer Gregg Adzema - Chief Financial Officer. Conference Call Participants Blaine Heck - Wells Fargo Steve Sakwa - Evercore Nick Thillman - Baird John Kim - BMO Capital Markets Dylan Burzinski - Green Street Camille Bonnel - Ban ...

Results reflect decent leasing activity and better-than-anticipated revenues. However, rental property operating and interest expenses increased year over year.CUZ also raised its 2024 outlook for FFO per share. As per Cousins Properties' president & CEO, Colin Connolly, "We had another solid quarter, driven by improving office fundamentals in our Sun Belt markets." The CEO also pointed out that "Demand for highlyamenitized lifestyle office space continues to accelerate while supply has contracted. As the m ...