Jackson, Mississippi, August 28, 2013—EastGroup Properties (NYSE-EGP) announced today that it closed the previously announced private placement issuance of $100 million of senior, unsecured notes at a fixed interest rate of 3.8%. The notes require semi-annual interest payments with principal payments of: $30 million on August 30, 2020, $50 million on August 30, 2023, and $20 […]
JACKSON, MISSISSIPPI, July 18, 2013 – EastGroup Properties, Inc. (NYSE-EGP) announced today the results of its operations for the three and six months ended June 30, 2013.
Jackson, Mississippi, June 27, 2013—EastGroup Properties (NYSE-EGP) announced today that its Southridge Commerce Park in Orlando, Florida, was recently honored by the commercial real estate industry with The Outstanding Building of the Year® (TOBY) Award in the Industrial Office Building category. The award was presented at the 2013 Every Building Conference & Expo, June 23-25, 2013, […]
Jackson, Mississippi, June 13, 2013—EastGroup Properties (NYSE-EGP) announced today that it will hold its Second Quarter Earnings Conference Call and Webcast on Friday, July 19, 2013 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the second quarter results and discuss EastGroup’s current operations. EastGroup […]
Jackson, Mississippi, June 3, 2013—EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the REITWeek 2013: NAREIT’s Investor Conference. EastGroup’s presentation is scheduled for Wednesday, June 5, 2013 at 3:45 p.m., CDT. EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties […]
Jackson, Mississippi, May 29, 2013—EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.53 per share payable on June 28, 2013, to shareholders of record of Common Stock on June 14, 2013. This dividend is the 134th consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate […]
Jackson, Mississippi, May 22, 2013—EastGroup Properties (NYSE-EGP) today announced the acquisition of Northfield Distribution Center located in Grapevine (Dallas), Texas. The property consists of eight business distribution buildings containing a total of 788,000 square feet which were constructed from 1999 to 2008. The Company anticipates a total first year investment of approximately $70.7 million including capital […]
