EastGroup Properties, Inc.

Industrial REIT owning and developing distribution warehouses in U.S. Sunbelt markets

What EastGroup Properties does

EastGroup Properties owns, builds and buys warehouse and distribution buildings across fast-growing U.S. states, especially Texas, Florida, California, Arizona and North Carolina. It rents this space to businesses that need to be close to their customers and to major transportation routes. Most of its buildings serve tenants that need roughly 20,000 to 100,000 square feet.

How EastGroup Properties makes money

As a real estate investment trust, it earns rental income by leasing its industrial distribution buildings to business tenants. It grows by developing new facilities and buying value-add properties, then leasing them up.

Products & services

• Multi-tenant business distribution space
• Industrial warehouse leasing
• Industrial property development
• Value-add property acquisitions