AUSTIN, Texas, Oct. 22, 2015 /PRNewswire/ -- Cousins
Properties Incorporated (NYSE: CUZ) announced today that it has
signed Planview, the global leader in solutions that optimize
resources and work, to a 10-year, 51,624 square foot lease at
Research Park V in Austin, TX.
This is the first major commitment at Cousins' 172,854 square foot
Class-A office development located in the Northwest submarket of
Austin.
"Being a world-leading technology company, Planview is a
wonderful addition to the Research Park complex and we look forward
to a long and successful relationship," said Larry Gellerstedt, President and Chief Executive
Officer of Cousins.
"It is a top priority for us as a talent-driven, fast-growing
company to invest in the work environment and create room for
further, long-term growth. Cousins has been a great partner in
identifying a location and supporting a significant build-out that
will provide a cutting edge employee experience and accommodate our
future growth," said Vic Chynoweth,
CFO for Planview.
Projected to be delivered in the first quarter of 2016, Research
Park V is the last building in a five-building complex which
Cousins has developed. With the signing of Planview, the
development is now 30% leased with approximately 121,000 available
for lease.
Planview was represented by Ted
Doucet and Spencer Hayes,
with Cushman & Wakefield/Oxford Commercial, and Cousins was
represented by Rachel Coulter and
Kevin Kimbrough, with Jones Lang
LaSalle Brokerage, Inc.
About Planview
Planview enables organizations to get
the most out of their resources and achieve their goals. We are the
global leader in solutions that optimize resources and work,
spanning strategic planning, portfolio and resource management,
project collaboration, and enterprise architecture. From small
teams to large enterprises, companies in every industry use
Planview's products: Planview Enterprise, Projectplace, and Troux.
Headquartered in Austin, Texas,
our 600 employees worldwide serve more than 1,000 enterprise
customers and one million users. http://www.planview.com
About Cousins Properties Incorporated
Cousins
Properties Incorporated is a fully integrated, self-administered
and self-managed real estate investment trust (REIT). The
Company, based in Atlanta, GA,
primarily invests in Class-A office assets located in high growth
Sunbelt markets, with a focus on Georgia, Texas and North
Carolina. The Company has a comprehensive strategy in place
based on a simple platform, trophy assets and opportunistic
investments. For more information, please visit
www.cousinsproperties.com.
CONTACT:
|
|
Tim
Hendricks
|
Marli
Quesinberry
|
Senior Vice
President
|
Director, Investor
Relations
|
512-477-3434
|
404-407-1898
|
timhendricks@cousinsproperties.com
|
marliquesinberry@cousinsproperties.com
|
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SOURCE Cousins Properties Incorporated