EastGroup Properties, Inc. - Introduction

Introduction

300 One Jackson Place, 188 East Capitol Street
Jackson, Mississippi 39201
U.S.A.

Telephone: (601) 354-3555
Fax: (601) 352-1441
Web site: http://www.eastgroup.net

Public Company
Incorporated:
1969 as Third ICM Realty
Employees: 57
Sales: $108.44 million (2003)
Stock Exchanges: New York
Ticker Symbol: EGP
NAIC: 525930 Real Estate Investment Trusts

EastGroup Properties, Inc. acquires, operates, and develops industrial real estate properties in the southern and southwestern United States, focusing primarily on markets in Florida, Texas, Arizona, and California. EastGroup concentrates on acquiring distribution centers near transportation centers. The company's properties range in size from 20,000 square feet to more than one million square feet. EastGroup's portfolio of properties contains nearly 20 million square feet.