Home Finance EastGroup Properties Sells 398,100 SQFT Shaw Commerce Center in Fresno for $37MM to Graceada Partners
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EastGroup Properties Sells 398,100 SQFT Shaw Commerce Center in Fresno for $37MM to Graceada Partners

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The sale marks EastGroup’s full exit from the Fresno market as the REIT recycles capital into higher-growth Sun Belt markets, while the Modesto-based buyer deepens its Central Valley industrial footprint. EastGroup Properties (NYSE: EGP) has sold Shaw Commerce Center, a six-building shallow-bay industrial portfolio totaling 398,100 square feet in Fresno, California, to Graceada Partners for […]

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