Eastgroup Properties

EastGroup Properties Inc. is a self-administered equity real estate investment trust (REIT) that specializes in the development, acquisition, and operation of industrial properties across high-growth markets in the United States, with a focus on states such as Texas, Florida, California, Arizona, and North Carolina. The company aims to maximize shareholder value by providing functional, flexible, and quality business distribution space primarily for customers needing facilities between 20,000 and 100,000 square feet.

With a portfolio that includes approximately 63.1 million square feet of properties, EastGroup's growth strategy is centered on owning premier distribution facilities strategically located near major transportation hubs in supply-constrained submarkets. Their commitment to operational excellence is highlighted by their record of consecutive quarterly cash dividends and a strong presence in the industrial real estate sector.

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