SUBSEQUENT EVENTS (Notes) |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Subsequent Events [Abstract] | |
| Subsequent Events [Text Block] | Subsequent to September 30, 2026, the Company repaid a $100,000,000 senior unsecured term loan, which was scheduled to mature on October 10, 2026, with an effectively fixed interest rate of 1.98%. Also subsequent to September 30, 2026, EastGroup closed on the acquisition of the following: •A property in the Northeast submarket of Dallas for approximately $89,000,000. The property includes three business distribution buildings containing 375,000 square feet. Escrowed funds of $82,970,000, included in Restricted cash on the Consolidated Balance Sheets at September 30, 2026, were released and applied to the acquisition purchase price at closing. •A business distribution building containing 202,000 square feet in the Dallas-Fort Worth Airport submarket for approximately $30,000,000. •Three business distribution buildings containing 454,000 square feet in the North Denver submarket for approximately $95,000,000. •24.9 acres of development land in Miami for approximately $48,000,000. This site is expected to accommodate the future development of two buildings containing approximately 371,000 square feet. The consideration paid for this property included a combination of cash and newly-issued units in our operating partnership.
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