Abstract
AbstractProperty, Real Estate & Development (MIC: 8.3 SIC: 6798 NAIC: 525930)Eastgroup Properties is a self‐administered, equity real estate investment trust focused on the acquisition, operation and development of industrial properties in the major Sunbelt markets throughout the U.S. with an emphasis in the states of Arizona, California, Florida and Texas. Co.'s strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply constrained submarkets. As of Dec 31 2004, Co.'s portfolio included 21.1 million square feet with an additional 439,000 square feet under development.
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