EastGroup Properties reported second quarter 2026 results, with net income attributable to common stockholders of $1.40 per diluted share, up from $1.20 in the prior-year period. Funds from operations (FFO) excluding certain gains rose 6.8% to $2.36 per diluted share. Same property net operating income increased 6.2% on a straight-line basis. The company raised approximately $160 million through its continuous common equity offering program and started construction on two development projects in Charlotte and Houston totaling 347,000 square feet. Post-quarter, the company acquired a 143,000 square foot property in Phoenix for $28 million and is under contract for an $83 million acquisition in Austin. EastGroup is an industrial real estate investment trust focused on developing, acquiring, and operating industrial properties.