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EGP acquired Hays Commerce Center for $36 million in Austin. The portfolio's lease rate is 97.0% with strong tenant demand. EGP plans $40 million developments in Houston and Austin. Recently signed leases increased rental rates by 51.2% on average. EGP's growth aligns with robust industrial real estate trends.
- EGP acquired Hays Commerce Center for $36 million in Austin.
- The portfolio's lease rate is 97.0% with strong tenant demand.
- EGP plans $40 million developments in Houston and Austin.
- Recently signed leases increased rental rates by 51.2% on average.
- EGP's growth aligns with robust industrial real estate trends.
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