Leasing Veteran Bob Currie Joins Cousins Properties; 20-Year Leasing Professional To Add Strength To Cousins' Industrial Divisio
June 08 2005 - 3:10PM
Business Wire
Cousins Properties Incorporated (NYSE:CUZ) today announced that Bob
Currie will join the company later this month as Senior Vice
President for leasing in its Industrial Division. Mr. Currie will
be responsible for overseeing all of Cousins' industrial marketing
and leasing efforts and will report to division President Forrest
Robinson. Mr. Currie will join Cousins after more than 20 years
with Cushman & Wakefield, most recently as Senior Director for
Industrial Real Estate Services. "Having Bob join our industrial
team is very significant, and we're confident that he'll be key in
helping us deliver results for Cousins/Weeks," said Robinson, who
joined Cousins just over a year ago to lead the company's entry
into industrial development. "Bob is highly respected in the real
estate industry and his reputation for quality and professionalism
is a great fit for Cousins," Robinson added. Cousins/Weeks, a
venture of Cousins Properties and Weeks Properties, was formed last
year as a further diversification of Cousins' development strategy.
Atlanta-based Weeks Properties is controlled by Ray Weeks. Mr.
Currie joins the Cousins' Industrial Division on June 27, 2005. Mr.
Currie began his real estate career with Cushman & Wakefield in
1985, eventually advancing to the title of Senior Director in their
Atlanta office. His focus in the latter years has been on client
representation in lease deals, acquisitions and build-to-suit
developments. Noteworthy projects that Mr. Currie had led include
deals for Atlanta Cable Sales, Iron Mountain, Graebel Companies,
Mitsubishi Motors of America, Eagle Global Logistics, and the
Beltmann Group. Cousins Properties Incorporated, headquartered in
Atlanta, has extensive experience in the real estate industry
including the development, acquisition, financing, management and
leasing of properties. The property types that Cousins actively
invests in include office, retail, medical office, industrial and
land development projects. The Company's portfolio consists of
interests in 7.2 million square feet of office and medical office
space, 3.2 million square feet of retail space, over 3,000 acres of
strategically located land tracts for sale or future development,
and significant land holdings for development of single-family
residential communities. Cousins also provides leasing and
management services to third-party investors; its client-services
portfolio comprises 10.6 million square feet of office space.
Cousins is a fully integrated equity real estate investment trust
(REIT) that has been public since 1962 and trades on the New York
Stock Exchange under the symbol "CUZ." For more information on the
Company, please visit Cousins' Web site at
www.cousinsproperties.com. Certain matters discussed in this news
release are forward-looking statements within the meaning of the
federal securities laws and are subject to uncertainties and risks,
including, but not limited to, general and local economic
conditions, local real estate conditions, the activity of others
developing competitive projects, the cyclical nature of the real
estate industry, the financial condition of existing tenants,
interest rates, the Company's ability to obtain favorable financing
or zoning, environmental matters, the effects of terrorism, the
failure of assets under contract for sale to ultimately close and
other risks detailed from time to time in the Company's filings
with the Securities and Exchange Commission, including the
Company's Current Report on Form 8-K filed on December 10, 2003.
The words "believes", "expects", "anticipates", "estimates" and
similar expressions are intended to identify forward-looking
statements. Although the Company believes that its plans,
intentions and expectations reflected in any forward-looking
statement are reasonable, the Company can give no assurance that
these plans, intentions or expectations will be achieved. Such
forward-looking statements are based on current expectations and
speak as of the date of such statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of future events, new information or
otherwise.
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