Cousins Properties Inc (CUZ): Cousins Properties Incorporated (Cousins...

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Monday, 02/06/2012 5:39:53 AM

Monday, February 06, 2012 5:39:53 AM

Cousins Properties Incorporated (Cousins) is a real estate investment trust. The Company has six reportable segments: Office, Retail, Land, Third-Party Management, For-Sale Multi-Family and Other. The Office segment includes results of operations for office properties. The Retail segment includes results of operations for retail centers. The Land segment includes results of operations for various tracts of land that are held for investment or future development, and single-family residential communities that are parceled into lots and sold to various homebuilders or sold as undeveloped tracts of land. The Third-Party Management segment includes fee income where Cousins manages, leases and/or develops properties for other owners. The For-Sale Multi-Family segment includes results of operations for development and sale of multi-family real estate projects. In December 2011, it announced sale of its two remaining industrial buildings, along with the remainder of its Texas industrial land.

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