PR Newswire
ATLANTA, Nov. 7, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has commenced an underwritten public offering of 6,000,000 shares of its common stock.
The Company intends to use the net proceeds of the offering to fund a portion of the purchase price of an office property in Charlotte, North Carolina. If this acquisition is not consummated, the net proceeds will be used for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt.
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