JACKSON, Miss., June 1, 2023 /PRNewswire/ -- EastGroup Properties, Inc. (NYSE: EGP) (the "Company" or "EastGroup") announced today its recent business activity.
As of May 31, 2023, EastGroup's portfolio was 98.7% leased and 97.9% occupied. Rental rates on new and renewal leases signed during second quarter to date increased an average of 50.9% on a straight-line basis and 38.3% on a cash basis.
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