JACKSON, MISSISSIPPI, July 23, 2025 – EastGroup Properties, Inc. (NYSE: EGP) (the “Company”, “we”, “us” or “EastGroup”) announced today the results of its operations for the three and six months ended June 30, 2025.
Commenting on EastGroup’s performance, Marshall Loeb, CEO, stated, “I’m proud of our quarterly results, especially given the degree of economic uncertainty across the U.S. The results are a strong testament to our team, our properties and our markets, in that order. For the near term, concerns about global trade are a cloud of uncertainty around the market, in terms of new and expansion leasing. As a result, we continue working to complete leases promptly. Stepping back, our management team has been through several periods of economic uncertainty
before, and we’ll navigate through this one too. The uncertainty creates a stark reminder of why we maintain a strong balance sheet and focus on diversity in terms of tenants and geography. Long term, I remain bullish on the continuing external secular trends which benefit our shallow bay, last mile, high-growth market portfolio.”