EastGroup Properties Reports 38.9% Rise in Straight-Line Rental Rates on Q4 Leases Signed to Date

Bitget2026/11/11 21:08

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EastGroup Properties' fourth-quarter 2026 rental rate increases averaged 38.9% on a straight-line basis for new and renewal leases.
On a cash basis, rental rate increases averaged 23.9% for those leases.
The portfolio was 96.7% leased and 96.1% occupied as of November 10, 2026.
CEO Marshall Loeb described quarter-to-date performance as tracking in line with or slightly ahead of expectations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eastgroup Properties Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611111605PR_NEWS_USPR_____CL95378) on November 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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EastGroup Properties Reports 38.9% Rise in Straight-Line Rental Rates on Q4 Leases Signed to Date

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