Justin Paget Shares of EastGroup Properties, Inc. (NYSE:EGP) have seen a small setback lately, although those shares have outperformed many industrial/logistics REITs. This relative outperformance is likely driven by upbeat comments of the business and lower leverage employed. While I like industrial REITs at large, and the positioning to the Sunbelt states is promising, I fail to award shares a premium valuation here. I furthermore struggle with the focus on absolute growth rather than growth per share, as ...