EastGroup Properties

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EastGroup Properties is a real estate investment trust (REIT) that specializes in industrial properties. The company was founded in 1967 and has its headquarters in Jackson, Mississippi.
EastGroup Properties owns and operates a portfolio of over 42 million square feet of warehouse and distribution space in major Sunbelt markets, including Texas, California, Florida, and Arizona. The company's properties are primarily located near major transportation hubs and serve a variety of industries, including e-commerce, retail, and manufacturing.
The company's primary focus is on providing flexible and efficient industrial space for tenants, with key features such as high ceilings, multiple loading docks, and convenient access to major highways. EastGroup Properties also offers a range of property management services, including leasing, maintenance, and construction management.
In addition to its real estate holdings, EastGroup Properties has a strong commitment to sustainability, with a focus on energy conservation and green building practices. The company has been recognized for its efforts in this area, including being named a "Green Lease Leader" by the Institute for Market Transformation.
EastGroup Properties is publicly traded on the New York Stock Exchange under the ticker symbol EGP. The company has a strong track record of financial performance, with regular dividend payments and a consistent increase in its share price over the years. This makes it an attractive investment for those looking to add REITs to their portfolio.

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