EastGroup adds H Eric Bolton Jr as a director
H Eric Bolton, Jr has been elected to the board of directors of EastGroup Properties.
Bolton is chairman and chief executive officer of Mid-America Apartment Communities (MAA).
Based in Memphis, Tennessee, MAA owns or has ownership interest in approximately 85,000 apartment homes in 278 communities in 14 Sunbelt states and has a total market capitalisation of approximately USD6.5bn.
Bolton's election increases the EastGroup board of directors to nine members.
EastGroup Properties 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 US with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina.
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