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Cousins Properties leverages improving office fundamentals to boost rents, move
CoStar writes:
“Sun Belt-Focused REIT boomerangs back to pre-pandemic leasing volume as demand for physical space regains momentum
One of the country’s largest real estate investment trusts is all but certain the office market is officially bouncing back from its post-pandemic trough, echoing a sentiment among other large landlords across the United States as they report an accelerating resurgence in the demand for physical workspace.
Executives at Cousins Properties, a developer and landlord based in Atlanta, said leasing activity across its Sun Belt-focused portfolio has officially returned to pre-pandemic levels, the latest signal the company is interpreting as the national office market’s widespread recovery. The company is already making moves to position itself at the forefront of what it expects will be a healthy rebound, something CEO Colin Connolly said is already in the works.”
Read more in the original article below:
costar.com
Sun Belt-Focused REIT boomerangs back to pre-pandemic leasing volume as demand for physical space regains momentum
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