Cousins Announces Retailer Openings at Tiffany Springs MarketCenter
Monday, June 23, 2008 2:48 PM
Symbols: CUZ

Best Buy and The Home Depot are first to open at 585,000-square-foot center near Kansas City

Cousins Properties Incorporated (NYSE: CUZ) announced today a schedule of retailer openings at Tiffany Springs MarketCenter, a 585,000-square-foot power center at the intersection of Interstate 29 and State Highway 152 in Kansas City, Missouri. The project, Cousins’ first in Kansas City, will eventually be home to more than 50 retailers and restaurants. The first retailer to open at the center is Best Buy, which held its grand opening on Friday, June 20. Over the next two months, more than a dozen additional retailers – including all of the anchors – will open their doors at Tiffany Springs MarketCenter. The center is currently 88 percent committed.

“We are proud of the mix of retailers at Tiffany Springs and know this center will quickly become a great addition to the growing Northland community,” said Darryl Bonner, senior vice president of leasing for Cousins Properties.

Following Best Buy’s opening, The Home Depot has planned its grand opening for June 26. Other retailers including Target, JCPenney, PetSmart, Ulta, Sports Authority, Chuck E. Cheese and Community American Credit Union have scheduled openings in late July and early August. Additional retailers with signed leases at Tiffany Springs MarketCenter include Famous Footwear, Five Guys Burgers, Great Clips, Jason’s Deli, Justice, Lifeway Christian Bookstore, Mattress Firm and ProfessioNail.

Tiffany Springs MarketCenter is represented locally by Kansas City-based LANE4 Property Group, which provides retail development and brokerage services throughout the Midwest.

Celebrating its 50th anniversary in 2008, Cousins Properties Incorporated is a leading diversified real estate company with extensive experience in development, acquisition, financing, management and leasing. Based in Atlanta, the Company actively invests in office, multi-family, retail, industrial and land development projects. Since its founding, Cousins has developed 20 million square feet of office space, 20 million square feet of retail space, more than 4,000 multi-family units and more than 60 single-family neighborhoods. The Company is a fully integrated equity real estate investment trust (REIT) and trades on the New York Stock Exchange under the symbol CUZ.


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