JACKSON, MISSISSIPPI, February 8, 2022 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three and twelve months ended December 31, 2021.
Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “Our team and portfolio produced another strong quarter creating one of the highest performing years in our Company’s history. We’re pleased with the year and fortunately, as we focus on 2022, we’re seeing a similar supply/demand balance. We like the momentum this creates, and looking ahead, we remain bullish on the growth prospects for our shallow bay, last mile, Sunbelt market portfolio.”