Reaching a Pinnacle Oct 18, 2008
The accounting firm will join two Jackson law firms - Watkins Ludlam Winter is PA and Brunini Grantham Grower PLLC - along with EastGroup Properties as tenants in Pinnacle ... But the companies signed are in for the long term; both law firms inked 15-year leases, BKD's is a 12-year agreement and EastGroup Properties is a Parkway sister company. (The Clarion-Ledger)
Travel up at Jackson airport as fares rise Jun 9, 2008
"It shows how price-sensitive travel is," said Leland Speed, chairman of EastGroup Properties and Parkway Properties, which own and manage office buildings and commercial space throughout the country. "We've gotta travel. We don't have any alternative," Speed said. (The Clarion-Ledger)
EastGroup redeeming Series D stock Jun 3, 2008
Jackson-based EastGroup Properties announced today that it will redeem its 1. 32 million shares of 7. (The Clarion-Ledger)
EastGroup adds properties, sees earnings rise Apr 23, 2008
EastGroup Properties reported a 15 percent increase in funds from operations for the quarter ended March 31. The company reported Funds from operation at $19. (The Clarion-Ledger)
Adelante Shares(TM) LLC Announces Quarterly Rebalancing of the: Mar 15, 2008
-- Adelante Shares RE Growth Index added Strategic Hotels ts, Inc. (NYSE: ), HCP, Inc. (NYSE: ), Hersha Hospitality Trust (AMEX: ), Equity Residential (NYSE: ), Host Hotels ts, Inc. (NYSE: ), Health Care REIT, Inc. (NYSE: ), Federal Realty Investment Trust (NYSE: ), EastGroup Properties, Inc. (NYSE: ), First Industrial Realty Trust, Inc. (NYSE: ), Equity Lifestyle Properties, Inc. (NYSE: ), Nationwide Health Properties, Inc. (NYSE: ), U-Store-It Trust (NYSE: ) and deleted Ventas, Inc. (NYSE: ),... (PR Newswire)
Projects abound in downtown Jackson area Feb 29, 2008
Trustmark National Bank, EastGroup Properties and two law firms already are preleased to locate there, and developers are hoping to have the building 95 percent occupied for its scheduled grand opening on Nov. 15. Construction is about half complete and is on pace to wrap up as scheduled, said Steve Rogers, president/CEO of Parkway Properties, which is developing the project and is a sister company to EastGroup. (The Clarion-Ledger)
EastGroup Properties reports $27 million profit Feb 14, 2008
EastGroup Properties reports $27 million profit ... EastGroup Properties, based in Jackson, today reported company profits increased to $27 ... EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on industrial properties in major Sunbelt markets throughout the United States. (The Clarion-Ledger)
EastGroup Properties Announces the Income Tax Treatment of Its 2007 Distributions Jan 12, 2008
EastGroup Properties, Inc. logo ... Jan. 11 /PRNewswire-FirstCall/ -- EastGroup Properties, Inc. (NYSE: ) The income tax treatment for the 2007 distributions for EastGroup Properties, Inc., CUSIP #277 276 101 traded on the New York Stock Exchange under ticker symbol EGP is as follows: (Logo: ) Common Total Total Capital Distribu- Total Gain Unrecaptured Nondividend Record Payment tions Ordinary Distribu- Sec. 1250 Distribution Dates Dates Per Share Dividend tion Gain (1) (2) 03/20/07 03/30/07... (PR Newswire)
EastGroup Properties Announces 2008 Earnings Guidance Jan 9, 2008
EastGroup Properties, Inc. logo ... Jan. 8 /PRNewswire-FirstCall/ -- EastGroup Properties (NYSE: ) today announced its initial outlook for 2008 ... EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona and California. (PR Newswire)
EastGroup Properties announces 2008 outlook Jan 9, 2008
EastGroup Properties today detailed its financial outlook for 2008 ... EastGroup Properties Inc., based in Jackson, is a self-administered equity real estate investment trust focused specializing in industrial properties in the Sunbelt markets of the United States. (The Clarion-Ledger)
EastGroup Properties Announces 112th Quarterly Dividend Dec 8, 2007
EastGroup Properties, Inc. logo ... Dec. 7 /PRNewswire-FirstCall/ -- EastGroup Properties (NYSE: ) announced today that its Board of Directors declared a quarterly dividend of ... EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Arizona, California, Florida and Texas. (PR Newswire)
Industrial REITs On The Rise Dec 4, 2007
EastGroup Properties fell 0. 6%, or 26 cents, to $45. (Forbes -- Markets)
Rays Want To Move To Waterfront Field Nov 10, 2007
" The state sales-tax rebate is slated to cover a relatively small portion of the cost but is no sure thing. In May, a plan to use the rebate to help pay for a proposed baseball stadium in Miami for the Florida Marlins died in the Senate after receiving House approval. It was the sixth time a financing plan for a new Marlins stadium failed to make it out of the Legislature. If the Rays proceed with stadium plans, though, they may have an ally in Gov. Charlie Crist, who lives in St. Petersburg.... (Tampa Bay Online, FL -- Sports)
Entergy nuclear unit to become independent Nov 7, 2007
EastGroup Properties - Real estate. First Bancshares - Banking. (The Clarion-Ledger)
Pinnacle construction close to taking shape Sep 29, 2007
Parkway Properties commissioned the $43 million glass and stone structure to house its sister company, EastGroup Properties, two law firms and banking operations. Work started in June, and Alexander said crews are now within three to four days of hitting schedule. (The Clarion-Ledger)
Primaries overshadow vital Aug. 14 Ward 1 City Council race Aug 7, 2007
The junior Ditto, a 1994 Vanderbilt University graduate, is president of StateStreet Group and has worked for EastGroup Properties in Jackson and Phoenix. He also worked for the Raskin Company in Nashville. (The Clarion-Ledger)
Plans for $43M building expand Pinnacle of Downtown May 30, 2007
The building also will house some Trustmark National Bank operations and a Parkway sister company, EastGroup Properties. That leaves two floors totaling about 40,000 square feet of rentable office space, Rogers said. (The Clarion-Ledger)
EastGroup Properties' net income is up 7 percent in first quarter Apr 25, 2007
Members: Not Registered. for free extra services. (San Antonio Business Journal, TX)
Melton submits nominees to council Mar 30, 2007
Speed, chairman of EastGroup Properties and Parkway Properties Inc., real estate investment companies, said he's helping because the economic development boon throughout downtown and other parts of Jackson needs to continue. "(University of Mississippi Medical Center) is 10 percent of the economy of the metro area. We are players in health care. Experts say the dollars will double in the next 10 years," Speed said. (The Clarion-Ledger)
EastGroup Properties Acquires Denver, Colorado Building for $4.1 Million Mar 16, 2007
EastGroup Properties Acquires Denver, Colorado Building for $4 ... EastGroup Properties Acquires Denver, Colorado Building for $4 ... EastGroup Properties, Inc. logo. (PR Newswire)
Building sells for $4.1M Mar 16, 2007
The 68,000-square-foot building near Centennial Airport has been purchased by EastGroup Properties Inc. (NYSE: EGP), a real estate investment trust based in Jackson, Miss. EastGroup said Thursday the Centennial Park building is the fourth property the company has purchased in southeast Denver. (Denver Business Journal, CO)
Office project is so green it's 'platinum' Feb 19, 2007
Timeshares Only Inc. rented 10,092 square feet at EastGroup Properties' Southridge Commerce Park II in Orlando. Griffin Aviation of Geneva leased 1. (Orlando Sentinel -- Business)
Stocks to Watch Feb 15, 2007
EastGroup Properties Inc. () said fourth-quarter net income rose, as the company recorded a 20-cent-per-share gain on sales of real estate, to $11. 6 million, or 46 cents a share, from $4. (Fox News)
Market tightens for flexible-use space Feb 12, 2007
Justin Woods, Christie Alexander and George Livingston, all of NAI Realvest, and Mike Borling of EastGroup Properties negotiated. Summit Electric Supply of Albuquerque, N.M., subleased 49,600 square feet of warehouse space at 4201 Shader Road in Orlando. (Orlando Sentinel -- Business)
Mississippi REIT buys Charlotte properties Jan 13, 2007
The buildings, which are 87 percent leased, increase EastGroup Properties' total local holdings to 503,000 square feet in seven buildings ... EastGroup Properties (NYSE:EGP) develops, acquires and operates industrial properties in major Sunbelt markets. (Charlotte Business Journal, NC)
EastGroup Announces Property Sales Jan 3, 2007
Jan. 2 /PRNewswire-FirstCall/ -- EastGroup Properties (NYSE: ) today announced the sale of two properties in December in separate transactions ... David H. Hoster II, President and CEO stated, "The sales of Auburn Hills and Crowfarn are part of our ongoing strategy to dispose of non-core assets as market conditions permit. Both of these properties were originally acquired through a merger, and the sale proceeds will be reinvested in new development and core market acquisitions." EastGroup... (PR Newswire)
