Secondary Stock Offerings
By The Online Investor Staff, updated Thu., Jul. 31, 7:39 PM
Slide #5. Cousins Properties Incorporated — Secondary Offering
||Cousins Properties Incorporated (NYSE:CUZ)
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||Cousins Properties Incorporated (the "Company") (NYSE:CUZ) today announced that it has commenced an underwritten public offering of 18.0 million shares of its common stock. - updated 7/30 - Cousins Properties Incorporated (the "Company") (NYSE:CUZ) today announced that it priced an underwritten public offering of 18.0 million shares of its common stock for expected gross proceeds of $224.1 million before underwriting discounts and commissions and estimated offering expenses payable by the Company. Subject to customary conditions, the offering is expected to close on August 4, 2014.
Cousins Properties is a self-administrated and self-managed real estate investment trust. Through its wholly-owned subsidiary, Cousins Real Estate Corporation and other subsidiaries, Co. owns, develops and manages its own real estate portfolio and performs certain real estate related services for other parties. Co. develops, acquires, leases, manages and owns primarily Class A office properties and mixed-use developments in Sunbelt markets with a focus on Georgia, Texas, and North Carolina. As of Dec 31 2013, Co.'s portfolio of real estate assets consisted of interests in 17 operating office properties, six operating retail properties, as well as one apartment property.
Preferreds: CUZ.PRA, CUZ.PRB
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||Cousins Properties Inc.
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