EastGroup Properties Acquires Three Building Complex in San Diego for $17 Million
January 29, 2010 Posted by Mississippi RealEstateRama
Jackson, MS - January 29, 2010 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) today announced the acquisition of the Ocean View Corporate Center in San Diego, California for a purchase price of $17,000,000. Located in the Otay Mesa submarket, Ocean View contains 274,000 square feet in three, multi-tenant business distribution industrial buildings. Constructed in 2005, the complex is presently 87% leased to 14 customers. Ocean View is projected to generate an annualized yield of 9.6% at its current occupancy and rents.
EastGroup Properties Announces Presentation at Wells Fargo 13th Annual Global Real Estate Securities Conference
December 9, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - December 9, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the Wells Fargo 13th Annual Global Real Estate Securities Conference. EastGroup’s presentation is scheduled for Wednesday, December 9, 2009 at 9:05 a.m., EST. The presentation will be live via web cast and is accessible at http://www.wsw.com/webcast/wa58/egp/ the day of the conference and will be archived at the same URL for 90 days.
EastGroup Properties Announces Third Quarter 2009 Conference Call and Webcast
September 28, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - September 28, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its Third Quarter Conference Call and webcast on Thursday, October 29, 2009 at 11:00 A.M. Eastern Daylight Time. On the call, David Hoster, President and CEO, and Keith McKey, CFO, will review the third quarter results and discuss EastGroup’s current operations.
EastGroup Properties Announces Second Quarter 2009 Conference Call and Webcast
June 25, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - June 25, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its Second Quarter Conference Call and webcast on Thursday, July 30, 2009 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 Properties Acquires Las Vegas Property for $11.1 Million
June 2, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - June 02, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) today announced the acquisition of the Arville Distribution Center in Las Vegas, Nevada for a purchase price of $11,050,000. Arville, which was constructed in 1997, is a two building, business distribution complex containing 142,000 square feet and is located in the close-in southwest submarket of the city. It is 77% leased to eight customers and is projected to generate an annualized 8.2% yield at its current occupancy.
EastGroup Properties Announces Presentation at Citi 2009 Global Property CEO Conference
March 2, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - March 02, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP)announced today that it is scheduled to present at the Citi 2009 Global Property CEO Conference. EastGroup’s presentation is scheduled for Monday, March 2, 2009 at 3:55 p.m., EST
EastGroup Properties Announces Fourth Quarter 2008 Conference Call and Webcast
January 9, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - January 09, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) announced today that it will hold its Fourth Quarter Conference Call and Web Cast on Thursday, February 12, 2009 at 11:00 A.M. Eastern Time.
EastGroup Properties Announces $200 Million Credit Facility and $78 Million Mortgage Loan
January 8, 2008 Posted by Mississippi RealEstateRama
Jackson, Mississippi, January 7, 2008– EastGroup Properties (NYSE-EGP) announced today a new four-year, $200 million unsecured revolving credit facility with a group of seven banks which was arranged by PNC Capital Markets LLC. The interest rate on the facility is based on the LIBOR index and varies according to debt-to-total asset value ratios, with an […]
EastGroup Properties Announces Presentation at Wachovia Securities 11th Annual Wachovia Global Real Estate Securities Conference
December 5, 2007 Posted by Mississippi RealEstateRama
Jackson, Mississippi, December 4, 2007– EastGroup Properties (NYSE-EGP) announced today that it is scheduled to present at the Wachovia Securities 11th Annual Wachovia Real Estate Securities Conference. EastGroup’s presentation is scheduled for Wednesday, December 5, 2007 at 1:35 p.m., EST.
