A Brief History of Cousins Properties Incorporated (CUZ)

Cousins Properties Incorporated is a real estate investment trust (REIT) that focuses on acquiring, developing, and managing office properties. The company has a long history dating back to its founding in 1958 by Tom Cousins, a successful real estate developer in Atlanta, Georgia.

Over the years, Cousins Properties has expanded its portfolio and presence in major markets across the United States. Here are some key milestones in the company's history:

• 1960s: Cousins Properties began acquiring and developing properties in the Atlanta area, including office buildings and mixed-use developments.
• 1970s: The company expanded into other markets, such as Florida and Texas, and continued to grow its portfolio of office properties.
• 1987: Cousins Properties went public, trading on the New York Stock Exchange under the ticker symbol CUZ.
• 1990s: The company continued to expand its presence in major markets, such as Charlotte, North Carolina, and Dallas, Texas.
• 2000s: Cousins Properties focused on developing premier office properties in urban areas and mixed-use developments in key cities like Atlanta, Austin, and Tampa.
• 2010s: The company repositioned its portfolio to focus on Class A office properties and entered new markets, such as Phoenix, Arizona.

Who Owns Cousins Properties Incorporated (CUZ)

Cousins Properties Incorporated (CUZ) is a publicly traded real estate investment trust (REIT) that is owned by a variety of institutional and individual investors. The largest shareholders of Cousins Properties Incorporated include:

• Vanguard Group: Vanguard Group is the largest institutional investor in Cousins Properties Incorporated, owning approximately 17% of the company's shares. Vanguard Group is a leading investment management firm known for its index funds and low-cost investment options.
• BlackRock: BlackRock is another major institutional investor in Cousins Properties Incorporated, holding around 10% of the company's shares. BlackRock is one of the largest asset management firms in the world and is known for its diversified investment strategies.
• State Street Corporation: State Street Corporation is a significant shareholder in Cousins Properties Incorporated, owning approximately 8% of the company's shares. State Street Corporation is a leading financial services company that provides investment management, research, and trading services.
• Wellington Management: Wellington Management is an institutional investor that holds around 5% of Cousins Properties Incorporated's shares. Wellington Management is a global investment management firm that offers a range of investment solutions to clients worldwide.
• Individual Investors: In addition to institutional investors, Cousins Properties Incorporated is also owned by individual investors who buy and sell shares of the company on the stock market. These individual investors can include retail traders, high net-worth individuals, and other stakeholders in the real estate industry.

Cousins Properties Incorporated (CUZ) Mission Statement

Cousins Properties is a real estate investment trust (REIT) that is committed to creating value through the development, acquisition, and management of high-quality properties. Our mission is to enrich the communities we serve by providing exceptional spaces for people to live, work, and play.

We strive to deliver superior returns to our shareholders while maintaining a strong focus on sustainability and responsible business practices. Our goal is to build long-term relationships with our tenants, partners, and employees based on trust, integrity, and respect.

• Create value through property development, acquisition, and management
• Enrich the communities we serve by providing exceptional spaces
• Deliver superior returns to our shareholders
• Focus on sustainability and responsible business practices
• Build long-term relationships based on trust, integrity, and respect

How Cousins Properties Incorporated (CUZ) Works

Cousins Properties Incorporated (CUZ) is a real estate investment trust (REIT) that focuses on owning, developing, and managing high-quality office properties primarily in the Southern United States.

The company works by acquiring strategically located properties in major urban markets and then maximizing their value through leasing, development, and ongoing management. Cousins Properties aims to create value for its shareholders by generating sustainable income and long-term capital appreciation.

• Acquisitions: Cousins Properties identifies and acquires properties in markets with high demand for office space, focusing on properties that have the potential for growth and value appreciation.
• Development: The company also engages in development projects to build new office properties or redevelop existing ones to meet the changing needs of tenants.
• Leasing: Cousins Properties works to attract and retain high-quality tenants for its properties, negotiating lease agreements that provide stable income streams for the company.
• Management: The company's experienced team of professionals manages its properties efficiently, ensuring that they are well-maintained and meet the needs of tenants.

Cousins Properties operates with a focus on sustainability and corporate responsibility, aiming to create a positive impact on the communities in which it operates. By following a disciplined investment strategy and focusing on high-quality properties, the company seeks to deliver strong returns for its investors.

Here are some key ways in which Cousins Properties generates revenue:

• Property Leasing: One of the primary sources of income for Cousins Properties is through leasing office spaces, retail spaces, and other commercial properties to tenants. The company earns rental income from these lease agreements, which often involve long-term contracts.
• Property Development: Cousins Properties also generates revenue through property development projects. This involves acquiring land, securing approvals, constructing buildings, and ultimately selling or leasing the developed properties.
• Property Management: The company provides property management services for its own properties as well as for third-party clients. This includes handling maintenance, repairs, tenant relations, and other operational tasks in exchange for management fees.
• Asset Sales: Cousins Properties may also earn income by selling properties that have appreciated in value. This could be part of the company's strategic portfolio management to capitalize on market conditions or to realize profits from successful development projects.