EastGroup Properties Reveals Recent Business Activity; Recently Acquires Two Newer, Fully Leased, State Of The Art Properties Located Within Existing Submarkets

EastGroup Properties, Inc.

EastGroup Properties, Inc.

EGP

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In November, EastGroup acquired DFW Global Logistics Centre 5-8, four multi-tenant business distribution buildings totaling 492,000 square feet, for approximately $76 million.

In December, the Company acquired Akimel Gateway, which contains four industrial buildings totaling 519,000 square feet in Southeast Phoenix, for approximately $83 million.

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