CUZ Cousins Properties Inc

Cousins Properties Incorporated (NYSE: CUZ) announced today it has signed new or expanded leases totaling more than 75,000 square feet at One Ninety One Peachtree Tower, a landmark 1.2-million-square-foot office building in downtown Atlanta. Deloitte, which signed a 260,000-square-foot renewal and expansion at One Ninety One earlier this year, has leased two additional floors totaling approximately 52,000 square feet. In addition, Atlanta-based Winter Construction has signed at the building, leasing a full floor totaling approximately 25,000 square feet. Winter is relocating to One Ninety One from 1330 Spring Street in Midtown, joining Cooper Carry, Ogletree Deakins, Grey Global and other companies who have moved downtown to One Ninety One from Midtown or Buckhead. �Winter and Deloitte are great companies that we�ve been fortunate to have long-term relationships with and we thank them for their commitments to One Ninety One,� said Tom Bell, Chairman and CEO of Cousins. �Even as the economy has become more challenging, we are pleased to see good leasing momentum at One Ninety One and remain confident that companies will continue to see the benefits of downtown Atlanta.� Don Finkelstein of Finkelstein Associates represented Deloitte and Richard Bowers and Jim Davenport of Richard Bowers & Co. represented Winter in the transactions. Since acquiring One Ninety One, Cousins has now signed more than 765,000 square feet in new leases to tenants including Il Mulino, Synergy Workplaces, HOK Group, Atlanta Equity Investors, Harold A. Dawson Company, Morgan & Morgan, Grey Global, Cooper Carry, Ogletree, Deakins, Nash, Smoak & Stewart P.C., Merchant & Gould, Fields, Howell, Athans & McLaughlin and Cousins Properties. Celebrating its 50th anniversary in 2008, Cousins Properties Incorporated is a leading diversified real estate company with extensive experience in development, acquisition, financing, management and leasing. Based in Atlanta, the Company actively invests in office, multi-family, retail, industrial and land development projects. Since its founding, Cousins has developed 20 million square feet of office space, 20 million square feet of retail space, more than 4,000 multi-family units and more than 60 single-family neighborhoods. The Company is a fully integrated equity real estate investment trust (REIT) and trades on the New York Stock Exchange under the symbol CUZ. For more, please visit 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 (including the overall condition of the residential market), the activity of others developing competitive projects, the risks associated with development projects (such as delay, cost overruns and leasing/sales risk of new properties), 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 ability of the Company to close properties under contract and other risks detailed from time to time in the Company�s filings with the Securities and Exchange Commission, including the Company�s Annual Report on Form 10-K for the year ended December 31, 2007. 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.