Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ATLANTA-Locally based Cousins Properties Inc. is keeping its corporate transition grounded in city roots, with Tom Bell handing the company reins over to Larry Gellerstedt III effective July 1. Gellerstedt’s father built many of the city’s office buildings, including 191 Peachtree, which Cousins now owns and has its headquarters, according to the Atlanta Journal-Constitution.

“I’m not coming from the outside,” Gellerstedt told the newspaper. “I’ve been part of the company for four years and have been involved in decision making, particularly the last year or two.”

Cousins acquired Gellerstedt’s real estate advisory firm in 2005, after which he was tapped to head Cousins’ office, multifamily and development divisions. He will take over the CEO title from Bell, who announced his retirement last week and is considering running for governor of Georgia. Click here to read more from the Atlanta Journal-Constitution.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.