EastGroup Properties is a real estate investment trust that develops, buys, and operates industrial properties in key Sunbelt markets, focusing on Florida, Texas, Arizona, California, and North Carolina. The Company aims to provide high-quality, versatile business distribution spaces for location-sensitive clients, in the 15,000 - 70,000 square foot range, thus enhancing shareholder value by being a lead provider in its markets. The company's growth strategy is based on ownership of prime distribution facilities near major transportation features in supply-constricted submarkets.