Cousins Properties Incorporated · NYSE:CUZ
Cousins Properties — Merger or Acquisition (October 2021)
5 slides from Cousins Properties's merger presentation, Oct 4, 2021
Slide 1: Heights Union Acquisition
HEIGHTS UNION ACQUISITION October 2021 Tampa, FL
Slide 2: Heights Union Acquisition: Brand new office asset with life science customers
2 ACQUISITION PRICE SIZE COMPLETED LEASED/WALT CURRENT OCCUPANCY 12-MONTH CASH/GAAP YIELD STABILIZATION STABILIZED CASH/GAAP YIELD 2 HEIGHTS UNION ACQUISITION BRAND NEW OFFICE ASSET WITH LIFE SCIENCE CUSTOMERS IN THE HEART OF DOWNTOWN TAMPA’S HISTORIC HEIGHTS NEIGHBORHOOD The first office phase of
Slide 3: The Heights Neighborhood: unique live-work-play district
3 Armature Works Heights Union 2 THE HEIGHTS NEIGHBORHOOD UNIQUE LIVE-WORK-PLAY DISTRICT ANCHORED BY HIGHLY-SUCCESSFUL “ARMATURE WORKS” ADAPTIVE RE-USE DEVELOPMENT The Heights has emerged as one of Tampa’s signature gathering spots providing a unique live-work-play experience Serves as the north
Slide 4: Cousins' Recent Investment Activity
4 CharlotteTHE RAILYARD COUSINS’ RECENT INVESTMENT ACTIVITY AUTHENTIC, EFFICIENT AND HIGHLY-AMENITIZED PROPERTIES WITH LOW CAPEX PROFILE HEIGHTS UNION Tampa 725 PONCE Atlanta $646MM Total Investment 2019 - 2020 Year Built 11 Years WALT 995K Total SF 97% Leased
Slide 5: Contacts and Cautionary Note Regarding Forward-Looking Statements
GREGG ADZEMA EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER gadzema@cousins.com 404.407.1116 RONI IMBEAUX VICE PRESIDENT, FINANCE AND INVESTOR RELATIONS rimbeaux@cousins.com 404.407.1104 3344 Peachtree Road NE | Suite 1800 Atlanta, GA 30326 Cautionary Note Regarding Forward-Looking Statements
Cousins Properties — Merger or Acquisition (October 2021) on 6ix