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Eastgroup Properties Inc

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EGO:STU

Eastgroup Properties Inc

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About the company

EastGroup Properties, Inc. 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 an emphasis in the states of Texas, Florida, California, Arizona and North Carolina. The Company's strategy for growth is based on ownership of distribution facilities generally clustered near major transportation features in supply-constrained submarkets. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, includes approximately 63.9 million square feet. The Company's properties are primarily in the 20,000 to 100,000 square foot range. The majority of the Company’s leases are triple net leases, in which the tenant is responsible for their pro rata share of operating expenses during the lease term, including real estate taxes, insurance and common area maintenance.

  • Revenue in USD (TTM)721.34m
  • Net income in USD257.40m
  • Incorporated1997
  • Employees103.00
  • Location
    Eastgroup Properties Inc400 W Parkway Pl Ste 100RIDGELAND 39157-6010United StatesUSA
  • Phone+1 (601) 354-3555
  • Fax+1 (601) 352-1441
  • Websitehttps://www.eastgroup.net/
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