In a lawsuit in an Atlanta federal court, Cousins says BentleyForbes Group LLC and its subsidiaries wrongfully terminated its property management contract, changed the locks on the management offices and hired away its employees to operate the building. BentleyForbes, for its part, claims Cousins' lawsuit is "frivolous," claiming dissatisfaction with Cousins' management of the property.
BentleyForbes accused Cousins of attempting to lure tenants in the city's tallest tower to other properties owned or managed by the Cousins, an Atlanta-based real estate investment trust, according to the lawsuit. The accusation is unfounded, Cousins said.
Click here to read the full story from the Atlanta Business Chronicle.
Charlotte-based Bank of America recently renewed its lease at its namesake skyscraper after months of speculation that it was scouting other buildings in Midtown and Buckhead.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
