EastGroup Properties is a self-administered equity real estate investment trust incorporated in Maryland in 1969 and publicly traded on the New York Stock Exchange under ticker symbol EGP since 1971. The company focuses on the development, acquisition, and operation of industrial properties in high-growth markets throughout the United States, with particular concentration in Texas, Florida, California, Arizona, and North Carolina. The REIT targets multi-tenant business distribution facilities typically ranging from 20,000 to 100,000 square feet, serving location-sensitive customers in last-mile distribution. The company's portfolio consists of properties clustered near major transportation features in supply-constrained submarkets across Sunbelt markets. As of Q1 2026, EastGroup's portfolio totaled approximately 65.5 million square feet, including development projects and value-add acquisitions in lease-up and under construction. The company operates with low tenant concentration, with its top 10 tenants representing approximately 7.2% of total rents as of year-end 2024. In 2025, EastGroup acquired four operating properties containing 739,000 square feet and 300 acres of development land for approximately $262 million. The company maintains debt-to-EBITDA of approximately 3x, among the lowest in the industrial REIT sector. Geographic concentration includes Texas as the largest market, followed by Florida and California, with assets positioned in infill locations near population centers and consumer demand.