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Cousins Properties, Prudential Form $172.5 Million Office Bldg Venture
By: iStockAnalyst   Tuesday, December 11, 2007 12:41 PM
Symbols: CUZ, PRU
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DOW JONES NEWSWIRES

Cousins Properties Inc. (NYSE:CUZ) (CUZ) formed a $172.5 million venture with Prudential Financial Inc.'s (NYSE:PRU) (PRU) Prudential Real Estate Investors to develop, own and lease Terminus 200, a 565,000-square-foot Atlanta office building.

The venture also closed on a $138 million construction loan with Wells Fargo Bank, Regions Bank, PNC Bank, Bank of North Georgia and Atlantic Capital Bank.

Terminus 200 is slated to open in August 2009.

-Melissa Korn; 201-938-5400; AskNewswires@dowjones.com

    (END) Dow Jones Newswires   12-11-07 1241   Copyright (c) 2007 Dow Jones & Company, Inc. 
(Source: iStockAnalyst )

 

 
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