COUSINS PROPERTIES Business Summary

Cousins Properties Inc. (CUZ) is a fully integrated, self-administered Real Estate Investment Trust (REIT) that generates revenue primarily through the leasing and management of a premium portfolio of Class A office towers and mixed-use developments. The company’s business segments are geographically organized across high-growth Sun Belt markets, including Atlanta, Austin, Charlotte, Dallas, Phoenix, and Tampa, where it focuses on urban infill and transit-oriented locations. Cousins competes directly with other major office REITs such as Highwoods Properties, BXP, Douglas Emmett, and Kilroy Realty. Within this landscape, the company maintains a leading position by executing a "flight-to-quality" strategy, concentrating on trophy assets that attract top-tier tenants seeking modern, amenity-rich workspaces in the Southern United States. Founded in 1958 by the late real estate visionary Thomas G. Cousins, the company is currently led by President and CEO M. Colin Connolly, who has spearheaded its strategic pivot toward Sun Belt trophy office assets since taking the helm in 2019. The executive leadership team includes Gregg D. Adzema as Executive Vice President and CFO, Kennedy Hicks as EVP and Chief Investment Officer, and Brandon Van Orden as Senior Vice President and Chief Information Officer. The company’s governance is overseen by a board chaired by Robert M. Chapman, former CEO of CenterPoint Properties, and includes industry veterans like Susan L. Givens, a former Blackstone executive, and Scott W. Fordham, former CEO of TIER REIT. Cousins maintains strong institutional backing, recently demonstrated by a $500 million senior notes offering supported by major financial entities including J.P. Morgan and BofA Securities.