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Cousins Properties
Cousins Properties Incorporated is a publicly traded real estate investment trust (REIT) that invests in office buildings in Atlanta, Charlotte, Austin, Phoenix, Tampa, and Chapel Hill, North Carolina. The company has developed notable properties including CNN Center, Omni Coliseum, 191 Peachtree Tower, and Emory Point in Atlanta. As of December 31, 2019, the company owned wholly or through joint ventures 38 properties comprising 21,767,000 square feet. History The company was founded in 1958 by Tom Cousins. In 1962, the company became a public company via an initial public offering. In 1965, the company built an office building in downtown Atlanta. In the 1970s, the company expanded into regional malls, real estate finance, and insurance but pared back after the economy softened. In 1987, Tom Cousins formed the Cousins Foundation and funded it with stock in the company. In 2002, Thomas Cousins retired from his position as CEO, but remained chairman of the board of direct ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Emory Point
Emory Point is a mixed-use development on Clifton Road in Druid Hills, unincorporated DeKalb County, Georgia, adjacent to Atlanta. It is across Clifton Road from the Centers for Disease Control and surrounded on three sides by the campus of Emory University. The complex is located on "The Cliff" Emory University shuttle line. The complex contains of retail space and 443 apartments. The total cost of development was variously quoted as USD 60 million to USD 250 million. History The project was originally planned in 2006 as a condominium complex only. It was stopped in 2008 as the Great Recession deepened but was finally completed in 2012. Construction began in 2012 with the demolition of the Emory Inn, a hotel on the site. At its opening in Fall 2012, Emory Point was the first new retail project built in the area in 20 years, the largest private development start inside the Perimeter in three years, and the first partnership between Cousins Properties (75%) and Gables Residen ...
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Greenway Plaza
Greenway Plaza is a business district located along Interstate 69 (U.S. Highway 59) within the Interstate 610 loop in southwestern Houston, Texas, west of Downtown and east of Uptown. The district is located immediately west of Upper Kirby, north of West University Place, and south of River Oaks. First envisioned in the late 1960s by local developer Kenneth L. Schnitzer, Greenway Plaza has evolved into one of Greater Houston's largest employment centers, with over of office space on a campus. Noted for its expansive green spaces and consistent modernist architectural style, Greenway Plaza is widely considered a pioneering example of mixed-use development in the United States. The campus's ten office towers are connected by an extensive system of air-conditioned skyways, tunnels, and underground parking garages. Greenway Plaza contains Lakewood Church, a nondenominational Christian church, which hosts one of the largest congregations in the United States. Lakewood's main ca ...
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Foreclosure
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)'s equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure). Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt. While this equitable right exists, it is a cloud on title and the lender cannot be sure that they can repossess the property. Therefore, through the process of foreclosure, the lender seeks to immediately ...
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Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with ...
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The Atlanta Journal-Constitution
''The Atlanta Journal-Constitution'' is the only major daily newspaper in the metropolitan area of Atlanta, Georgia. It is the flagship publication of Cox Enterprises. The ''Atlanta Journal-Constitution'' is the result of the merger between ''The Atlanta Journal'' and ''The Atlanta Constitution''. The two staffs were combined in 1982. Separate publication of the morning ''Constitution'' and the afternoon ''Journal'' ended in 2001 in favor of a single morning paper under the ''Journal-Constitution'' name. The ''Atlanta Journal-Constitution'' has its headquarters in the Atlanta suburb of Dunwoody, Georgia. It was formerly co-owned with television flagship WSB-TV and six radio stations, which are located separately in midtown Atlanta; the newspaper remained part of Cox Enterprises, while WSB became part of an independent Cox Media Group. ''The Atlanta Journal'' ''The Atlanta Journal'' was established in 1883. Founder E. F. Hoge sold the paper to Atlanta lawyer Hoke Smith in 1 ...
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Bank Of America Plaza (Atlanta)
Bank of America Plaza is a Supertall_building, supertall skyscraper between Midtown Atlanta and Downtown Atlanta. At , the tower is the List of tallest buildings in the world, 125th-tallest building in the world . It is the List of tallest buildings in the United States, 21st tallest building in the U.S., the tallest building in the Southeastern United States, Southeastern region of the United States, and the tallest building in any U.S. state capital, overtaking the , 50-story One Atlantic Center in height, which held the record as Georgia's tallest building. It has 55 stories of office space and was completed in 1992, when it was called NationsBank Plaza. Originally intended to be the headquarters for Citizens & Southern National Bank (which merged with Sovran Bank during construction), it became NationsBank's property following its formation in the 1991 hostile takeover of C&S/Sovran by North Carolina National Bank, NCNB. Architectural details The building was developed by C ...
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EQ Office
EQ Office is a real estate investment company that owns 80 office properties comprising 40 million square feet. The company is owned by funds managed by The Blackstone Group. The company was formerly known as Equity Office. History The company was founded in 1976 by Sam Zell. In 1997, the company acquired Lakeside Square in North Dallas for $60 million. In 2003, the company gained control of the San Francisco Ferry Building. In 2005, the company sold 5 buildings in San Francisco for $400 million. The company also acquired a portfolio in California for $263 million. In 2006, the company acquired Pointe O'Hare I, an office building near O'Hare International Airport for $59 million and a property in Boca Raton, Florida for $29.5 million. The company also acquired half-interest in two Miami office buildings for $249.8 million. In February 2007, after a bidding war with Vornado Realty Trust, funds managed by The Blackstone Group completed the acquisition of the company for $39 billio ...
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Frost Bank Tower
The Frost Bank Tower is a skyscraper in Austin, Texas, United States. Standing 515 feet (157 m) tall with 33 floors, it is the fifth tallest building in Austin, behind The Independent, The Austonian, Fairmont Austin, and the 360 Condominiums. It was developed by Cousins Properties from November 2001 to December 2003 as a class A office building with of leasable space. It was the first high-rise building to be constructed in the United States after the 9/11 attacks. The building was officially dedicated in January 2004. The Frost Bank Tower was designed by Duda/Paine Architects, LLP and HKS, Inc. It carries the highest logo in the city at . This advertises the San Antonio-based Frost Bank, whose Austin headquarters and insurance division are in the building. Tenants in the building besides Frost Bank include the Austin offices of Morgan Stanley, Ernst & Young, and PIMCO. The silvery blue color glass facade was first used on the Reuters Building in New York City ...
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National Real Estate Investor
Informa plc is a British publishing, business intelligence, and exhibitions group based in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has offices in 43 countries and around 11,000 employees. Informa owns numerous brands including CRC Press, Fan Expo HQ, Game Developers Conference, ''Lloyd's List'' (London Press Lloyd), Routledge, and Taylor & Francis. Informa acquired UBM in June 2018 as part of its strategy to expand in North America and Asia. History Informa itself was created in 1998 by the merger of IBC Group plc and LLP Group plc. Since then Informa has expanded considerably, including a 2004 merger with the publishing company Taylor & Francis and a 2005 acquisition of IIR Holdings, a human capital development company, for £768 million. In October 2006, the company was approached by Springer Science and Business Media in a takeover bid, but in early November the Informa board rejected the 630p per shar ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor News, Street & Smith's Sports Business Daily, and Inside Lacrosse. The company is owned by Advance Publications. The company receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. As of August 2021, it receives over 3.6 million readers each week. History The company was founded in 1982 by Mike Russell with the launch of the Kansas City Business Journal. In 1985, the company became a public company via an initial public offering ...
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