Cousins Properties Incorporated (NYSE: CUZ) announced today its Board of Directors has elected Daniel M. DuPree President and Chief Operating Officer effective immediately. DuPree has served as Vice Chairman of the Company since March 2003, when he rejoined Cousins after serving as CEO of Atlanta-based Barry Real Estate Cos. He will continue to oversee the Company�s real estate development operations and will also continue to report to Chairman and CEO Tom Bell. Prior to joining Barry in 2002, DuPree was with Cousins for more than nine years, beginning in 1992, in multiple capacities including Senior Vice President, Senior Executive Vice President and President and Chief Operating Officer. Prior to coming to Cousins, he was President of New Market Companies, Inc., a retail development and management company acquired by Cousins in 1992. �For nearly 15 years, Dan has had a tremendous impact on the creativity, culture and overall success of this company. He is a consummate developer, an insightful leader and a great corporate citizen. I am thrilled the Board decided to give Dan the title to match his role at Cousins,� Bell said. 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, multi-family, retail, industrial and land development projects. The Company�s portfolio consists of interests in 7.2 million square feet of office space, 4.2 million square feet of retail space, 2.0 million square feet of industrial space, a 529 unit for-sale multi-family project under development, 24 residential communities under development, over 9,000 acres of strategically located land tracts, and significant land holdings for development of single-family residential communities. The Company also provides leasing and management services to third-party investors; its client-services portfolio comprises 14.5 million square feet of office and retail space. The Company 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 its Web site at www.cousinsproperties.com.
Cousins Properties (NYSE:CUZ)
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