EastGroup Properties, Inc. Announces Executive Appointments
May 31, 2017 at 02:39 am IST
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EastGroup Properties, Inc. has announced that two new executive officers recently joined the company to serve as Senior Vice Presidents over the Texas and Western regions, both of whom assumed their new positions in late May. Reid Dunbar, formerly a Senior Vice President with Prologis, assumed the role of Senior Vice President for EastGroup's Texas region. Ryan Collins, formerly a Vice President with Clarion Partners, is opening a Los Angeles office for the Company and is serving as Senior Vice President of EastGroup's Western region.
EastGroup Properties, Inc. is an internally managed equity real estate investment trust (REIT). The Company is focused on the development, acquisition and operation of industrial properties in Sunbelt markets throughout the United States, primarily in the states of Florida, Texas, Arizona, California and North Carolina. The Company owns approximately 510 industrial properties in 12 states. The Companyâs portfolio includes development projects and value-add properties in lease-up and under construction, including approximately 59.2 million square feet consisting of 470 business distribution properties containing 53.9 million square feet. It also has 17 bulk distribution properties containing 4.4 million square feet, and 23 business service properties containing 900,000 square feet.