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. With a portfolio encompassing approximately 63.1 million square feet, the company aims to maximize shareholder value by providing functional and quality business distribution spaces for location-sensitive customers, primarily within the 20,000 to 100,000 square foot range.
The company's growth strategy emphasizes ownership of premier distribution facilities clustered near major transportation features in supply-constrained submarkets. EastGroup Properties is a member of the S&P Mid-Cap 400 and Russell 2000 indices, highlighting its significant standing in the real estate investment landscape.
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