Eastgroup Properties
EastGroup Properties Inc., listed on the NYSE under the ticker EGP, is a self-administered equity real estate investment trust specializing in the development, acquisition, and operation of industrial properties in high-growth markets across the United States. The company focuses primarily on functional and flexible business distribution spaces ranging from 20,000 to 100,000 square feet, targeting supply-constrained submarkets situated near major transportation routes.
With a portfolio that includes approximately 63.1 million square feet comprising development projects and value-add acquisitions currently in various stages, EastGroup aims to maximize shareholder value as a leading provider in its industry. The company emphasizes properties located in key states such as Texas, Florida, California, Arizona, and North Carolina, aligning its growth strategy with market demands.
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