Weeks and Robinson Lead New Real Estate Investment and Development Firm, Weeks Robinson...

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Thu Apr 17, 2008 9:02am EDT

Weeks and Robinson Lead New Real Estate Investment and Development Firm, Weeks Robinson Properties

   Business will focus on Sunbelt's industrial/commercial market
ATLANTA--(Business Wire)--
In the 30-plus years Ray Weeks and Forrest Robinson have worked
together, they have had a significant impact on the Southeast's
commercial and industrial real estate market, developing and managing
billions of dollars worth of successful projects in 17 cities. Now
they are applying their collective experience, along with that of
financier Rex Fuqua and Atlanta real estate veterans, to today's
market by founding a real estate development and investment company,
Weeks Robinson Properties. The company's primary focus will be the
development of industrial and office properties in Atlanta and other
growing Sunbelt cities. Weeks Robinson will also partner strategically
with retail and residential developers in the region.

   Ray Weeks is Chairman of the new company; Forrest Robinson is
Chief Executive Officer. Rex Fuqua, President and Chief Executive
Officer of Fuqua Capital, will serve as a director and member of the
investment committee. Kit Baker and Bob Currie are Senior Vice
Presidents. Joe Keough, Chief Operating Officer of Fuqua Capital, will
also work with Weeks Robinson as Chief Financial Officer.

   This team will oversee the leasing of industrial buildings that
were begun as a Cousins-Weeks joint venture, and will pursue other
speculative industrial and build-to-suit developments on sites owned
or controlled by the company. The firm will also assist in the
1500-acre redevelopment of a mixed-use project at Ft. Gillem, the U.S.
Army facility in southeast Atlanta that was designated for closure by
the 2005 Base Realignment and Closure (BRAC) Commission. Robinson
began the project while at Cousins and at Weeks Robinson he will
continue to venture with Ft. Gillem partners LNR Property Corporation
and The Benham Company.

   "Our initial portfolio is primarily Atlanta industrial and
commercial investment and development opportunities," said Weeks. "We
intend to aggressively position ourselves in this down cycle for a
recovering economy."

   Weeks, formerly chairman and chief executive officer of Weeks
Corporation which later became Duke-Weeks Realty Corporation, and
Robinson, recently president of Cousins' industrial group, shared a
successful history at Weeks Corporation. Considered experts in
master-planned business parks, they were also broadly known for
development excellence and client retention. They took the company
public as a REIT in 1994. Before it merged with Duke Realty in 1999,
Weeks Corporation had grown to over $2 billion in assets with
operations in 10 cities.

   Weeks Robinson is headquartered on the seventh floor of the 100
Riverwood building, co-located with Fuqua Capital and Fuqua Rich Weeks
LLC. With access to the private equity expertise, investment
capabilities, and the energy and environmental focus of these two
firms, Weeks Robinson will be better able to serve clients.

   For the last three years, Weeks has been working as chairman of
the BeltLine Partnership to advance the Beltline, an innovative urban
renewal project in Atlanta. His contributions toward the development
of public policy-based solutions to growth-related challenges have
been recognized by Georgia's conservation and business communities. In
recent years, Weeks has been presented with awards by: The Georgia
Conservancy, the Georgia chapter of the National Association of
Industrial & Office Properties, the Atlanta Regional Commission and
the Georgia Economic Developers Association have all presented him
with awards in recent years.

   For more information about Weeks Robinson Properties, please call
Betsey Weltner at 912-222-4131 (betseyweltner@gmail.com) or Deborah
Wannamacher at 404-816-7542 deborah@weeksproperties.com.

   Photos are available by request.

Weeks Robinson Properties
Betsey Weltner, 912-222-4131
betseyweltner@gmail.com
or
Deborah Wannamacher, 404-816-7542
deborah@weeksproperties.com

Copyright Business Wire 2008
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