EastGroup Properties
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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. With a goal of maximizing shareholder value, the company provides functional, flexible, and quality business distribution spaces primarily ranging from 20,000 to 100,000 square feet for location-sensitive customers.
As a member of the S&P Mid-Cap 400 and Russell 2000 Indexes, EastGroup Properties strategically owns premier distribution facilities clustered near major transportation hubs in supply-constrained submarkets. Currently, the company's portfolio includes approximately 63.1 million square feet, encompassing a mix of development projects and value-add acquisitions in lease-up and under construction.
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