May 22nd, 2013
EastGroup Properties Announces Recent Investments
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 […]