EastGroup Properties
EastGroup Properties Inc. is a self-administered equity real estate investment trust (REIT) focused on the development, acquisition, and operation of industrial properties in high-growth markets across the United States, particularly in Texas, Florida, California, Arizona, and North Carolina. The company aims to maximize shareholder value by providing flexible, quality business distribution space for location-sensitive customers, primarily within the 20,000 to 100,000 square foot range.
With a strategic focus on owning premier distribution facilities in supply-constrained submarkets clustered near major transportation features, EastGroup Properties has a portfolio that includes approximately 63.1 million square feet, encompassing development projects and value-add acquisitions. The company is committed to being a leading provider of functional business spaces, further solidifying its presence in the industrial real estate sector.
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