EastGroup Properties Acquires Three Dallas Buildings for $6.7 Million
August 18, 2009 Posted by Mississippi RealEstateRama
Jackson, MS - August 18, 2009 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) today announced the acquisition of three business distribution buildings containing 227,000 square feet in Dallas for a combined purchase price of $6,675,000. The buildings, which will be renamed Interstate Distribution Center V, VI and VII, are located in the city’s close-in northwest submarket along the Stemmons Freeway. They were constructed in 1979-81 and are presently 87% occupied by six customers. The buildings are projected to generate an annualized 9.2% yield at their current occupancy.
MDA MAILS LETTERS FOR SOLD HOMES
November 15, 2007 Posted by Mississippi RealEstateRama
Jackson, Miss., (November 13, 2007) – Today, the Mississippi Development Authority (MDA) mailed roughly 180 letters to Mississippi Gulf Coast homeowners who may be eligible for the
most recent modification to the Homeowner Assistance Program.
