Charlotte has become the nation’s second largest financial center following New York City. In addition to banking, the city has seen an increased focus on energy, technology and manufacturing. The Charlotte area is home to nine Fortune 500 companies. Charlotte Douglas International Airport (CLT) is the eighth busiest airport for passenger traffic.
EastGroup Properties currently owns and operates roughly four million square feet in the Charlotte area. The properties in our Charlotte portfolio range from the north submarket to Rock Hill, SC, just south of Charlotte. Over 70% of EastGroup’s product in the Charlotte area is concentrated within the southwest submarket. One of our premier parks, Steele Creek Commerce Park, offers unparalleled access to major interstates, the Charlotte Douglas International Airport (CLT) and the Intermodal Facility.