Eastgroup Properties

EastGroup Properties Inc. is a self-administered equity real estate investment trust (REIT) listed on the NYSE under the symbol EGP, specializing in the development, acquisition, and operation of industrial properties across high-growth markets in the United States, particularly in Texas, Florida, California, Arizona, and North Carolina. With a focus on providing functional, flexible, and quality business distribution spaces ranging from 20,000 to 100,000 square feet, the company aims to maximize shareholder value through strategic ownership of premier distribution facilities in supply-constrained submarkets.

As of now, EastGroup's portfolio encompasses approximately 63.1 million square feet, including development projects and value-add acquisitions that are in various stages of lease-up and construction. The company's growth strategy relies on its ability to cluster properties near major transportation features, thus catering to location-sensitive customers effectively.

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