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EastGroup Properties

163.23
+0.26000.16%
Volume:114.88K
Turnover:18.80M
Market Cap:8.56B
PE:35.63
High:164.82
Open:164.82
Low:162.44
Close:162.97
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Company Profile

Company Name:
EastGroup Properties
Exchange:
NYSE
Establishment Date:
1969
Employees:
101
Office Location:
400 W. Parkway Place,Suite 100,Ridgeland,Mississippi,United States
Zip Code:
39157-6005
Fax:
601 352 1441
Introduction:
EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, is a self-administered 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 Company's 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 20,000 to 100,000 square foot range). The Company's strategy for growth is based on ownership of premier distribution facilities generally clustered near major transportation features in supply-constrained submarkets. The Company's portfolio, including development projects and value-add acquisitions in lease-up and under construction, currently includes approximately 57.1 million square feet.

Directors

Name
Position
David H. Hoster II
Director and Chairman of the Board
Marshall A. Loeb
Director, President and Chief Executive Officer of the Company
D. Pike Aloian
Director
Donald F. Colleran
Director
Fredric H. Gould
Director
H. C. Bailey, Jr.
Director
H. Eric Bolton, Jr.
Director
Hayden C. Eaves III
Director
Leland R. Speed
Director
Mary E. McCormick
Director

Shareholders

Name
Position
Marshall A. Loeb
Director, President and Chief Executive Officer of the Company
Brent W. Wood
Executive Vice President, Chief Financial Officer and Treasurer of the Company
Bruce Corkern
Senior Vice President, Chief Accounting Officer and Secretary of the Company
R. Reid Dunbar
Senior Vice President of the Company
Ryan M. Collins
Senior Vice President of the Company
John F. Coleman
Executive Vice President of the Company