Cousins Properties
Atlanta, Georgia , United States | |
Key people |
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Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 331 (2019) |
Website | www |
Footnotes / references [1] |
![](http://upload.wikimedia.org/wikipedia/commons/thumb/8/82/Bankofamerica-atlanta-feb09.jpg/200px-Bankofamerica-atlanta-feb09.jpg)
Cousins Properties Incorporated is a publicly traded
As of December 31, 2019, the company owned wholly or through joint ventures 38 properties comprising 21,767,000 square feet.[1]
History
The company was founded in 1958 by Tom Cousins.[2]
In 1962, the company became a public company via an initial public offering.[2]
In 1965, the company built an office building in downtown Atlanta.[2]
In the 1970s, the company expanded into regional malls, real estate finance, and insurance but pared back after the economy softened.[2]
In 1987, Tom Cousins formed the Cousins Foundation and funded it with stock in the company.[3]
In 2002, Thomas Cousins retired from his position as CEO, but remained chairman of the board of directors until the end of 2006, at which time he retired.[4] R. Dary Stone also stepped down from the president and COO positions in 2002.[5][6]
In 2004, the company partnered with Jim Wilson and Associates, Inc. to develop The Avenue at Carriage Crossing.[7]
In 2016, the company acquired Parkway Properties and spun off its Houston assets into Parkway, Inc.[8][9]
References
- ^ a b c "Cousins Properties Incorporated 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ a b c d Wotapka, Dawn (May 26, 2017). "Cousins Properties Refocusing on Urban Properties". National Association of Real Estate Investment Trusts.
- ^ Lufrano, Sonny (March 5, 2001). "Tom Cousins builds dynasty from the heart". American City Business Journals.
- ^ "Thomas Cousins set to retire". American City Business Journals. November 16, 2006.
- ^ Starkman, Dean (January 8, 2002). "Cousins Properties' Stone to Step Aside To Take Post With Operating in Texas". The Wall Street Journal.
- National Real Estate Investor.
- ^ Aldinger, Jane (March 7, 2004). "Cousins joins in Collierville mall venture". American City Business Journals.
- ^ "Cousins Closes Merger with Parkway and Prepares to Spin Off Combined Company's Houston-Based Assets" (Press release). PR Newswire. October 6, 2016.
- ^ "Cousins Completes Spin-Off of Parkway, Inc" (Press release). PR Newswire. October 6, 2016.
External links
- Business data for Cousins Properties Incorporated: