Cousins Properties Signs Bank of America, N.A. Lease Renewal and Expansion at Fifth Third Center in Charlotte
ATLANTA, Jan. 10, 2018 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it has signed a 294,000 square foot lease renewal and a 24,000 square foot expansion with Bank of America, N.A. at Fifth Third Center, a 698,000 square foot office tower located in the Uptown submarket of Charlotte. This transaction expands Bank of America's lease to 318,000 square feet and extends its maturity from 2022 to 2025.
"We are honored to announce that Bank of America has chosen to expand at Fifth Third Center and further its relationship with Cousins, one which spans over 30 years," said Larry Gellerstedt, Chairman and Chief Executive Officer of Cousins. "We're particularly delighted for Fifth Third Center to receive this type of endorsement from one of the most respected names in the financial business."
About Cousins Properties
Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class-A office towers located in high growth Sunbelt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments. For more information, please visit www.cousins.com.
Vice President, Investor Relations