Eastgroup Properties Inc

EastGroup Properties, Inc. (NYSE: EGP) is a self-administered equity real estate investment trust focused on the development, acquisition, and operation of industrial properties in high-growth markets throughout the United States, with emphasis in Texas, Florida, California, Arizona, and North Carolina. A member of the S&P Mid-Cap 400 and Russell 2000 Indexes, the company specializes in providing functional, flexible, and quality business distribution space for location-sensitive customers, primarily in the 20,000 to 100,000 square foot range. EastGroup's strategy centers on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets, targeting shallow bay and last-mile industrial properties. The portfolio, including development projects and value-add acquisitions in lease-up and under construction, encompasses approximately 68.3 million square feet across core markets including Dallas, Houston, Orlando, Tampa, Phoenix, San Francisco, Los Angeles, Charlotte, and other high-growth Sun Belt markets. The company maintains an active development pipeline of 21 projects across 14 markets and a prospective development land bank of approximately 11.2 million square feet across 16 markets. Updated Oct 21, 2026