EastGroup Properties Inc NYSE EGP an SP MidCap 400 company is a selfadministered equity real estate investment trust focused on the development acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida Texas Arizona California and North Carolina The Companys goal is to maximize shareholder value by being a leading provider in its markets of functional flexible and quality business distribution space for location sensitive customers primarily in the 15000 to 70000 square foot range The Companys strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supplyconstrained submarkets EastGroups portfolio including development projects and valueadd acquisitions in leaseup and under construction currently includes approximately 458 million square feet