EASTGROUP PROPERTIES INC

EastGroup Properties is a self-administered equity real estate investment trust that develops, acquires, and operates industrial properties across the United States. The company focuses on markets in Texas, Florida, California, Arizona, and North Carolina, specializing in functional distribution facilities primarily in the 20,000 to 100,000 square foot range. Its portfolio strategy emphasizes premier facilities positioned near major transportation infrastructure within supply-constrained submarkets.

The company's revenue derives from leasing and operating industrial real estate assets. The portfolio currently encompasses approximately 65 million square feet, including completed properties, development projects, and value-add acquisitions in lease-up and under construction phases. EastGroup generates income through long-term tenant leases on its distribution and industrial properties.

Based in Ridgeland, Mississippi, EastGroup operates with a workforce of 103 full-time employees. The company is listed on the New York Stock Exchange and is included in both the S&P Mid-Cap 400 and Russell 2000 Indexes. Its geographic footprint spans multiple high-growth U.S. markets with particular concentration in the states identified as primary focus areas.