Quarterlytics / Real Estate / REIT - Industrial / EastGroup Properties

EastGroup Properties

EGP · NYSE Real Estate
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Ticker EGP
Exchange NYSE
Sector Real Estate
Industry REIT - Industrial
Employees 51-200

Business description

Real estate investment trust, EastGroup Properties, Inc. (NYSE: EGP), has solidified its position as a member of both the S&P Mid-Cap 400 and Russell 1000 Indexes with its strategic focus on the development, acquisition, and operation of industrial properties in key Sunbelt markets across the US. Through a determined strategy, the company aims to provide top-tier functional, flexible, and high-quality business distribution space, focused primarily on location-sensitive customers in the 20,000 to 100,000 square foot range. As experts in their field, EastGroup Properties ensures ownership of premier distribution facilities located in supply-constrained submarkets in close proximity to major transport features. With a portfolio of 56.6 million square feet, including development projects, value-add acquisitions in lease-up, and those under construction, the company continues to expand its footprint in major states such as Florida, Texas, Arizona, California, and North Carolina with an eye to maximizing shareholder value.

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Company facts
TickerEGP
ExchangeNYSE
Sector Real Estate
Industry REIT - Industrial
Employees51-200