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Home > Company Index > Real Estate > REIT - Diversified & Misc. > EastGroup Properties, Inc.

EastGroup Properties, Inc.
NYSE: EGP
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 PROFILE
EastGroup Properties is a real estate investment trust (REIT) that focuses on industrial properties, primarily warehousing and distribution sites in the sunny southern climes of the US (a small number of its properties are found elsewhere in the US.) The company's approximately 90 properties contain about 17 million sq. ft. of industrial space; additional properties are under development in areas where the REIT already has significant holdings. EastGroup Properties grows through acquisitions of real estate and of other REITs, partially funding its acquisitions and core operations through selling its interests in office and other nonindustrial properties.

 COMPETITION
Duke Realty Corporation (DRE)
Kilroy Realty Corporation (KRC)
Prentiss Properties Trust (PP)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 106.90
1-Yr. Sales Growth: 5.3%
Employees: 48
Revenue per employee: $2,227,083.33

 KEY PEOPLE
• David H. Hoster
    CEO
• N. Keith McKey
    CFO

 CONTACT INFO
300 One Jackson Place
Jackson, MS 39201
US
Phone: 601-354-3555
Fax: 601-352-1441
Online: Web Site

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