South Florida’s economy has undergone a metamorphosis over the past decade, shifting from the tourism industry to high technology, life sciences, services, and retail/wholesale trade sectors. Its location as the gateway to Latin America, combined with increasingly sophisticated finance capabilities and a highly skilled workforce, should cement South Florida’s positive growth prospects for the near future. EastGroup is located in three markets that total over 159 million square feet.
EastGroup owns over one million square feet located in Fort Lauderdale, Palm Beach and Fort Myers. Our distribution centers are located close to the Florida Turnpike, Interstate 95 and Interstate 75. Our South Florida properties remain some of our highest rent appreciation markets in the country.