Atlanta, GA-based Cousins Properties, Inc. (CUZ) is a Real Estate Investment Trust (REIT) involved in the acquisition, financing, development, management, and leasing of properties. Cousins controls properties throughout the U.S., including Atlanta, Charlotte, Austin, San Francisco, Los Angeles, and Washington, D.C. It operates a group of subsidiaries Cousins Real Estate Corporation (CREC) and
CREC II both taxable real estate entities. The company has been publicly traded since 1962. The company's owned portfolio consists of interests in 7.7 million square feet (sf) of office space, 4.8 million square feet of retail space, 2 million square feet of industrial space, and more than 9,000 acres of land for future sale or commercial development. In addition, the company has 665 condo units under development, and 24 residential communities under development. The company also provides leasing and management services to third-party investors. Cousins' primary market is Atlanta, Georgia, where it has 66% of its total square footage, while Texas and Tennessee represent 11% and 9% respectively of total square feet. By far the company's largest tenant is Bank of America, who leases 9.6% of Cousins' portfolio. The next largest tenant is Snapper who leases 5.6% of the company's portfolio.