- Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Expires: February 28, 2011 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Yenser Steven V

2. Date of Event Requiring Statement (MM/DD/YYYY) 1/9/2009

3. Issuer Name and Ticker or Trading Symbol

COUSINS PROPERTIES INC [CUZ]

(Last) (First) (Middle)

191 PEACHTREE STREET NE, SUITE 3600

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
EVP /

(Street)

ATLANTA, GA 30303

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3915	D
Common Stock ⁽¹⁾	688.7508	I	By Profit Sharing Plan

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Phantom Stock ⁽²⁾	12/9/2006 ⁽²⁾	12/9/2009	Common Stock	662	$0	D
Phantom Stock ⁽²⁾	12/11/2007 ⁽²⁾	12/11/2010	Common Stock	1538	$0	D
Phantom Stock ⁽²⁾	12/11/2008 ⁽³⁾	12/11/2011	Common Stock	1353	$0	D
Stock Options (Right to Buy) ⁽³⁾	11/19/2003	11/19/2012	Common Stock	2946	$16.44	D
Stock Options (Right to Buy) ⁽³⁾	12/10/2004	12/10/2013	Common Stock	14464	$22.49	D
Stock Options (Right to Buy) ⁽³⁾	12/8/2005	12/8/2014	Common Stock	19775	$28.44	D
Stock Options (Right to Buy) ⁽³⁾	12/9/2006	12/9/2015	Common Stock	13397	$26.11	D
Stock Options (Right to Buy) ⁽³⁾	12/11/2007	12/11/2016	Common Stock	14184	$36.00	D
Stock Options (Right to Buy) ⁽³⁾	12/6/2008	12/6/2017	Common Stock	15708	$24.27	D

Explanation of Responses:
( 1)	Shares held by the reporting person as beneficiary in the Company's Profit Sharing Plan.
( 2)	Award of restricted stock units under the 2005 RSU Plan. Each unit represents a right to receive a payment in cash equal to the fair market value of one share of CPI's common stock as of the date payment is due under the plan. These units will vest 25% per year on each anniversary date of the grant, with units being 100% vested in year 4 of the grant term. While the shares are being held prior to vesting, the reporting person will have the right to receive all cash dividends but will not have shareholder rights. All unvested shares will forfeit upon termination of employment. The Exercisable Date reported is the first anniversary date of the grant when the first traunch of shares vests.
( 3)	Stock Options were granted under the Cousins Properties Incorporated 1999 Incentive Stock Plan. The options vest 25% per year on the anniversary date of the grant date, with shares being 100% vested in year four of the grant term. The Exercisable Date reported is the first anniversary date of the grant when the first traunch of options vests.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Yenser Steven V 191 PEACHTREE STREET NE SUITE 3600 ATLANTA, GA 30303			EVP

Signatures
/s/ Steven V. Yenser		1/8/2009
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.