Cousins Properties Incorporated · NYSE:CUZ
Cousins Properties — Merger or Acquisition (December 2020)
6 slides from Cousins Properties's merger presentation, Dec 2, 2020
Slide 1: Strategic Charlotte Transactions
STRATEGIC CHARLOTTE TRANSACTIONS DECEMBER 2, 2020
Slide 2: South End Charlotte Transactions
SOUTH END CHARLOTTE TRANSACTIONS CRITICAL MASS of MODERN & RELEVANT ASSETS that GENERATE STABLE CASH FLOW and LONG-TERM UPSIDE in a LEADING SUN BELT SUBMARKET THE RAILYARD Office Acquisition Purchase price $201MM 329K SF across two buildings Developed in 2019 97% leased 1 SOUTH END STATION L
Slide 3: Spotlight on South End
UPTOWN SOUTH END SOUTH END STATS(1) 54% Residents 20-39 years old 17,200 Employees 1.9MM Retail SF 222 Restaurants and Shops 6,946 Apartments delivered since 2013(2) 3,802 Apartments under construction or planned South End Station The RailYard SPOTLIGHT ON SOUTH END HISTORIC INDUSTRIAL AREA HAS TRAN
Slide 4: The RailYard Acquisition
A modern, vibrant creative office asset one block away from the Bland Street light rail station that caters to today's dynamic workforce 97% leased asset with an attractive customer base - Allstate (S&P:A-) technology center accounts for 47% of leased SF Long-term upside potential through belo
Slide 5: South End Station Acquisition
Unparalleled location at Bland Street light rail station in highly amenitized and walkable district Provides important operating and leasing synergy opportunities with The RailYard Significant value creation opportunity through the future development of a 600 to 700K SF mixed-use project Pos
Slide 6: Cautionary Note Regarding Forward-Looking Statements
cousins.com 3344 Peachtree Road NE | Suite 1800 Atlanta, GA 30326 Cautionary Note Regarding Forward-Looking Statements Certain matters contained in this report are “forward-looking statements” within the meaning of the federal securities laws and are subject to uncertainties and risks, as itemized i
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