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EGP

EastGroup PropertiesยทNYSE
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EGP Profile

Eastgroup Properties, Inc.

A REIT that focused on the industrial properties in major Sunbelt markets throughout the US

Specialized REIT
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05/03/1994
New York Stock Exchange
101
12-31
Common stock
400 W Parkway Place, Suite 100, Ridgeland, Mississippi 39157
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EastGroup Properties, Inc., is an equity real estate investment trust founded in 1969. EastGroup is committed to developing, acquiring and operating industrial assets throughout the Sunshine Market in the United States, with a focus on Florida, Texas, Arizona, California and North Carolina. The company's goal is to maximize shareholder value by being a leading provider of functional, flexible, and quality business distribution space for location-sensitive tenants in the range of 5,000 to 50,000 square feet. EastGroup's growth strategy is based on its ownership of high-quality distribution facilities, generally clustered in nearby supply-constrained areas. More than 99 percent of the company's revenue comes from rental income from real estate properties.