Land Acquisitions

  • .EastGroup Properties Announces Recent Business Activities and Upcoming Conference Participation

    words.EastGroup Properties (NYSE: EGP) reported a 97% leased, 96.2% occupied portfolio as of Nov 30, 2025. In Q4 it signed 1.06 million sf of new/renewal leases with 31.1% straight‑line and 17.1% cash rent escalations, and added 454,000 sf of development leases. The company began construction on a 113,000‑sf, $16 M Orlando project and will close two fully leased assets in Jacksonville (177,000 sf) and North Las Vegas (101,000 sf). It secured $250 M of senior unsecured term loans at a 4.13% fixed rate and acquired land in Dallas and San Antonio totalling ≈ 100 acres. EastGroup will present at REITworld 2025 in Dallas (Dec 9‑10).

    8 hours ago