Leasing Activity at 2100 Ross Highest in Two Decades
DALLAS — (March 6, 2014) — Cousins Properties Incorporated (NYSE: CUZ) has leased over 300,000 square feet at 2100 Ross since acquiring the 33-story, 844,000-square-foot office tower in August 2012. Leasing at the Class A building has reached 81 percent, up from 67 percent at purchase, with blocks of contiguous space still available, including 60,000 square feet, 45,000 square feet and 22,000 square feet.
Most recently, Lewis Brisbois Bisgaard & Smith LLP, based in Los Angeles, signed to occupy 16,000 square feet on the 20th floor, relocating from Bank of America Plaza in downtown Dallas. Additionally, three new renewals include Kessler Collins, P.C., who has been at the building since 2006; Dale Operating Company, who will be expanding its space from 12,000 to approximately 15,000 square feet; and NFJ Investment Group, LLC, a company of Allianz Global Investors, who has been at the property for 29 years.
“We are thrilled about the amount of activity going on at 2100 Ross – from the exciting interior and exterior renovations, to the continually active leasing over the past year and a half,” said Larry Gellerstedt, President and Chief Executive Officer of Cousins Properties. “We know there is strong growth potential on the horizon not only for the property, but for the Arts District neighborhood as a whole, and we’re excited to be a part of it.”
Cousins’ multi-million dollar renovation project at 2100 Ross is well under way, and several improvements are already available to customers. The building’s first complimentary fitness center, Pulse Fitness, an enhanced parking deck, and a new ground-floor management office are now complete. These amenities will be followed shortly by a new Stephan Pyles restaurant, a state-of-the-art conference center, updated lobby areas, an outdoor plaza, signature art installations and an iconic exterior sculpture.
Several companies that signed significant leases in 2013 are finalizing their moves to 2100 Ross. They include Netherland, Sewell & Associates, Inc., who has started its 62,000-square-foot build-out on the 22nd and 23rd floors, and Lockton Companies, who recently moved in to its 100,000-square-foot lease on the 11th through 14th floors.
2100 Ross is located at Ross Avenue and Pearl Street, just steps from the new Klyde Warren Park, which connects the Arts District to Uptown.
About Cousins Properties
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 top-tier urban office assets and opportunistic mixed-use developments in Sunbelt markets. Since its founding in 1958, Cousins has developed 20 million square feet of office space, 20 million square feet of retail space, more than 3,500 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 information, please visit www.cousins.com.