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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