Cousins' two-year-old industrial division is undertaking its first development outside Atlanta since it was formed. The Atlanta-based joint venture intends to build 1.7 million sf in Lakeside, with Seefried's development role extending to management and leasing of the finished product.

"We've been considering a Lakeside Ranch project for some time," Ferdinand Seefried, the firm's founder and president, says in a press release issued this morning. "This is a wonderful opportunity for two longstanding Atlanta companies to finally work together."

The 226-acre Lakeside Ranch Business Park sits two miles north of Dallas/Fort Worth International Airport. Its proximity to the airport was one of key considerations for Cousins, Forrest Robinson, president of Cousins' industrial division, says in the release.

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