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Office Tenants Pay Rents at Near Normal Levels Despite Coronavirus, REITs Report

Cousins Properties, Highwoods, Columbia Property Trust Say Rent Collections Reached At Least 95%

Cousins Properties, which is based at 3344 Peachtree Road in Atlanta, said 97% of its office tenants paid May rent. (Thaddeus Rombauer/CoStar)
Cousins Properties, which is based at 3344 Peachtree Road in Atlanta, said 97% of its office tenants paid May rent. (Thaddeus Rombauer/CoStar)

The coronavirus pandemic that prompted companies across the Sun Belt to close their offices hasn't disrupted the ability of the commercial tenants of Cousins Properties and Highwoods Properties to pay rent.

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