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, particularly in Texas, Florida, California, Arizona, and North Carolina. With a focus on providing functional and flexible 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 located near major transportation hubs in supply-constrained submarkets.
As of now, EastGroup Properties boasts a portfolio of approximately 63.1 million square feet, which includes various development projects and value-add acquisitions that are either in lease-up or under construction. The company is publicly traded on the NYSE under the ticker symbol EGP and is a member of both the S&P Mid-Cap 400 and Russell 2000 Indexes.
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