JACKSON, MISSISSIPPI, August 31, 2017 – EastGroup Properties (NYSE: EGP) announced today that Donald F. Colleran has been elected to its Board of Directors. Mr. Colleran is Executive Vice President, Chief Sales Officer of FedEx Corporation (NYSE: FDX) where he has served in a variety of leadership roles since 1989. Mr. Colleran will serve as an independent director, and his election increases the EastGroup Board of Directors to ten members.