Cousins Properties to Develop Headquarters Building for Genuine Parts Company in Atlanta, Georgia
ATLANTA — (November 24, 2014) — Cousins Properties Incorporated (NYSE: CUZ) announced today that it has been selected by Genuine Parts Company to develop a 150,000 square foot corporate headquarters building in the Northwest submarket of Atlanta, Georgia.
Designed by HKS Architects and Hendrick Interior Design, Genuine Parts’ headquarters building will be located adjacent to its existing Shared Services support building which was purchased from Cousins in 2009. Cousins developed the concept and site solutions for this project and will act as the fee developer.
“We are very excited to have another opportunity to work with Genuine Parts, a company with a rich history and an incredible track record for success,” said Larry Gellerstedt, president and chief executive offices of Cousins. “Cousins and Genuine Parts have a long-time relationship that spans multiple decades, and we are honored to help expand the company’s footprint in Atlanta.”
Construction is slated to begin during the first quarter of 2015 with an anticipated occupancy in the summer of 2016.
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.