EastGroup Properties Snapshot
EastGroup Properties points its compass all across the Sunbelt. The self-administered real estate investment trust (REIT) invests in, develops, and manages industrial properties, with a particular emphasis on Florida, Texas, Arizona, and California. EastGroup specializes in operating multi-tenant distribution and bulk distribution facilities, from 5,000 to 50,000 sq. ft. in size, located near major transportation hubs. Its portfolio includes more than 200 industrial properties and an office building, totaling more than 29 million sq. ft. of leasable space. The REIT has developed build-to-suit projects for clients including United Stationers Supply Company and Dal-Tile Corporation.