Leasing Activity at Terminus Hits Historic High
ATLANTA — (June 24, 2014) — Cousins Properties Incorporated (NYSE: CUZ) announced today that Terminus has reached a historic high in percentage leased at the office towers. The Class A buildings located in Buckhead have reached 95% combined, the highest level since completion of Terminus 200 in 2008.
“We are thrilled about the amount of activity going on at Terminus – from the increase in leasing to the new amenities and opening of Industry Tavern,” said Thad Ellis, Senior Vice President and Atlanta Market Leader of Cousins Properties. "The Buckhead real estate market continues to gain momentum with corporate relocations and new multi-family and retail offerings, and we're excited to be a part of it."
Most recently, Prince Global Sports, signed to occupy 11,778 square feet at Terminus, relocating its corporate headquarters to Atlanta from New Jersey. New customer Fidelity Investments also signed a lease for 7,861 square feet, and Lockton Companies, a Terminus customer since 2007, renewed and expanded. Additionally, Cousins relocated and expanded its fitness facility, Fusion ATL, which now includes programs and services from Peachtree Orthopedics. The new restaurant Industry Tavern, serving breakfast, lunch, dinner, craft beers and cocktails, also recently opened.
Along with the new additions in the office towers, Crescent Communities, based in Charlotte, NC, recently opened the first phase of Crescent Terminus, a 355-unit luxury apartment community located in the Terminus complex.
Terminus is located in the Buckhead submarket of Atlanta, at the corner of Peachtree Road and Piedmont Road.
About Cousins Properties
Cousins Properties Incorporated is a leading 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.cousinsproperties.com.