Cousins Names DuPree President and Chief Operating Officer
April 18 2007 - 11:33AM
Business Wire
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.
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