{"schema_version":"secwatch.filing_event.v1","accession":"0000049600-22-000072","form_type":"8-K","ticker":"EGP","cik":"0000049600","company_name":"EASTGROUP PROPERTIES INC","filed_at":"2022-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.290871+00:00","generated_at":"2026-06-25T05:15:20.837068+00:00","sec_items":["3.02","8.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"EastGroup acquires Tulloch Corp portfolio in CA for ~1.87M shares + $60M debt assumption","bullets":["Acquired 14 industrial properties (1.7M sq ft) and two land parcels in San Francisco and Sacramento markets.","Consideration: ~1.87M shares of EGP common stock at $190/share plus assumption of $60M loan (to be repaid).","Portfolio is 100% leased to 37 tenants, annualized NOI ~$17.1M; average lease term <3 years.","Land parcels allow future development of ~215,000 sq ft; CA portfolio now 7.6M sq ft (21% of total ABR).","Also sold a 42,000 sq ft service center in Houston for ~$13M in Q2 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000049600-22-000072","json":"https://secwatch.observer/filing/0000049600-22-000072.json","markdown":"https://secwatch.observer/filing/0000049600-22-000072.md","text":"https://secwatch.observer/filing/0000049600-22-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/49600/000004960022000072/0000049600-22-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49600/000004960022000072/egp-20220601.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T05:15:20.837068+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}