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Correspondence

May 17, 2011

Via EDGAR and Facsimile

United States Securities and Exchange Commission

Division of Corporation Finance

Mail Stop 3010

Washington, D.C. 20549

Attention: Mr. Daniel L. Gordon, Branch Chief

    Re:

    Cousins Properties Incorporated

Form 10-K for the year ended 12/31/2010

Filed on 2/28/2011

File No. 001-11312

Dear Mr. Gordon:

The following information is in response to your letter of May 5, 2011. The response is numbered
to correspond to the numbered comments in your letter.

FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2010

Item 2. Properties, page 17

    1.

    Comment: In your future Exchange Act periodic reports, please include disclosure regarding
your office, retail and industrial portfolios average effective annual rents. If the average
rent figure does not reflect effective rents, adjusted for items such as free rent periods,
please provide disclosure reflecting the quantitative impact of these adjustments.

Response: Beginning with our Annual Report on Form 10-K for the year ending December 31, 2011, in
Item 2, we will disclose annualized base rent for our office, retail and industrial property
portfolios. Annualized base rent will represent the sum of the annualized rent each tenant is
paying as of the end of the reporting period. If a tenant is not paying rent due to a free rent
concession, annualized base rent will be calculated based on the annualized base rent the tenant
will pay in the first period it is required to pay rent. We will also disclose the financial
impact, by portfolio, on annualized base rent of the tenants in a free rent period.

191 Peachtree Street NE • Suite 500 • Atlanta, Georgia 30303 • 404-407-1000 • FAX 404-407-1002

Mr. Daniel L. Gordon

May 17, 2011

Page 2 of 5

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of
Operations

    2.

    Comment: We note your discussion of your leasing activity. In your future Exchange Act
periodic reports, please provide disclosure regarding rental rate trends on renewed leases.
Please also include disclosure regarding the costs of leasing activity, such as per square
foot leasing commissions and tenant improvements.

Response: Beginning with our Quarterly Report on Form 10-Q for the three months ending June 30,
2011, in Management’s Discussion and Analysis of Financial Condition and Results of Operations, we
will expand our disclosures to include trend information on the economics of our leasing
activities, including changes in rental rates and changes in concessions granted to tenants. In
connection with Comment 5 below, we will provide additional disclosures relating to the costs of
our leasing activities.

    3.

    Comment: Please advise us whether management considers same store operating information a key
performance indicator. We may have further comments.

Response: We currently do not consider same property performance to be a key performance
indicator. Our portfolio of operating properties is relatively small compared to other real estate
companies and covers three different product types. In addition, our portfolio has historically
changed with the addition of newly developed properties and the sale of other operating properties.
As a result, same property information for each of our product types have remained small and
subject to significant percentage changes if relatively minor changes occurred in only a few of the
properties in the portfolio.

However, as our development activities have declined and as we are in the process of selling our
remaining industrial properties, thereby reducing our property types, same property operating
information on our office and retail properties is becoming a more important indicator of
performance for our company than it has been in the past. Because most of our current revenue
growth now comes from leasing activities associated with our stabilized properties as opposed to
newly developed properties, increases or declines in revenues and expenses within a same property
portfolio are more relevant performance indicators. If this trend continues, same property
operating information of our office and retail properties may become a key performance indicator
for our company. If we determine that this same property operating information is a key
performance indicator, we will add appropriate disclosures in Management’s Discussion and Analysis
of Financial Condition and Results of Operations of future Exchange Act periodic reports.

Mr. Daniel L. Gordon

May 17, 2011

Page 3 of 5

    4.

    Comment: We note that you disposed of several properties in 2010. In future Exchange Act
periodic reports, please provide disclosure regarding the weighted average capitalization
rates on your dispositions and acquisitions during the reporting period. Please disclose how
you calculate capitalization rates for these purposes.

Response: Beginning with our Quarterly Report on Form 10-Q for the three months ending June 30,
2011, in Management’s Discussion and Analysis of Financial Condition and Results of Operations, we
will provide capitalization rates on dispositions and acquisitions of operating properties where
capitalization rates provide meaningful insight into the purchase or sale decision and where
capitalization rates factored into the determination of the sales price. We will also disclose how
we calculate the capitalization rates.

    5.

    Comment: We note that you have significant capitalized expenditures in the past due to new
development and redevelopment and we also note that you have developed most of your current
properties. In future filings please include additional analysis of your capitalized
expenditures by breaking down total capital expenditures between new development,
redevelopment/expansions and other cap-ex by year. In addition please provide a narrative
discussion for fluctuations from year to year and expectations for the future.

Response: Beginning with our Quarterly Report on Form 10-Q for the three months ending June 30,
2011, in Management’s Discussion and Analysis of Financial Condition and Results of Operations, we
will provide additional information related to our capitalized expenditures that will segregate
amounts between expenditures for new development activities, expenditures for redevelopment
activities and other capital expenditures. Included in these disclosures will be amounts for
capitalized interest, payroll and other costs. We will also provide a discussion of historical and
future trends with respect to these expenditures.

    6.

    Comment: In addition to the above comment we would like you to disclose soft costs (payroll,
interest, etc.) capitalized by type and by year. We think this disclosure should be included
with the above requested disclosure related to the breakdown of capitalized expenditures with
a narrative discussion of significant fluctuations.

Response: See response to Comment 5 above.

Mr. Daniel L. Gordon

May 17, 2011

Page 4 of 5

Financial Statements and Notes

Note 3 — Notes Payable, Commitments and Contingencies

Litigation, page F-15

    7.

    Comment: We note that you have concluded that it is not expected that the outcome of pending
legal proceedings will have a material adverse impact on your financial position or results of
operations. The language you use to describe loss contingencies is not contemplated by Topic
450 of the Financial Accounting Standards Codification. Please revise your disclosure to
clarify whether you believe it is probable, reasonably possible, or remote that losses could
be material. In your response, please provide us the disclosure you will include in future
filings to address this issue.

Response: Beginning with our Quarterly Report on Form 10-Q for the three months ending June 30,
2011, in the notes to the financial statements, we will revise our disclosure to conform to the
requirements of Topic 450 of the Financial Accounting Standards Codification. Assuming no change
in the status of pending or threatened litigation from the time of the filing of our Annual Report
on Form 10-K for the year ended December 31, 2010, our future disclosure will be as follows:

“The Company is subject to various legal proceedings, claims and administrative proceedings arising
in the ordinary course of business, some of which are expected to be covered by liability
insurance. Management makes assumptions and estimates concerning the likelihood and amount of any
potential loss relating to these matters using the latest information available. The Company
records a liability for litigation if an unfavorable outcome is probable and the amount of loss or
range of loss can be reasonably estimated. If an unfavorable outcome is probable and a reasonable
estimate of the loss is a range, the Company accrues the best estimate within the range. If no
amount within the range is a better estimate than any other amount, the Company accrues the minimum
amount within the range. If an unfavorable outcome is probable but the amount of the loss cannot
be reasonably estimated, the Company discloses the nature of the litigation and indicates that an
estimate of the loss or range of loss cannot be made. If an unfavorable outcome is reasonably
possible and the estimated loss is material, the Company discloses the nature and estimate of the
possible loss of the litigation. The Company does not disclose information with respect to
litigation where an unfavorable outcome is considered to be remote. Based on current expectations,
such matters, both individually and in the aggregate, are not expected to have a material adverse
effect on the liquidity, results of operations, business or financial condition of the Company.”

Mr. Daniel L. Gordon

May 17, 2011

Page 5 of 5

*****

We acknowledge that the Company is responsible for the adequacy and accuracy of the disclosures in
its filings with the Commission. We acknowledge that staff comments or changes to disclosures in
response to staff comments do not foreclose the Commission from taking any action with respect to
the filings. We acknowledge that the Company may not assert staff comments as a defense in any
proceeding initiated by the Commission or any person under the federal securities laws of the
United States.

Please contact me at 404-407-1116 with further questions concerning this letter.

Sincerely,

/s/ Gregg Adzema

Gregg D. Adzema

Executive Vice President

& Chief Financial Officer