Tucson is the second largest city in Arizona and is home to The University of Arizona and Davis-Monthan Air Force Base. The Tucson metropolitan area has a population of 1,050,000 and a cost of living below the urban average. The city is located 108 miles southeast of Phoenix and 60 miles north of the U.S./Mexico border. Interstate 10, which runs southeast to northwest through town, connects Tucson to Phoenix, and Interstate 19 runs south from Tucson towards Nogales and the U.S./Mexico border. Tucson is served by the Tucson International Airport and is also a major hub for the Union Pacific Railroad’s Sunset Route that links the Los Angeles ports to the south/southeast regions of the country. Tucson’s economy consists of the following key industries: aerospace, biotech, defense, mining, information technology and renewable energy. The Tucson market is geographically well positioned to benefit from nearshoring with Mexico and demand for nearshoring requirements are expected to remain strong.

EastGroup’s Tucson assets consist of seven buildings totaling 850,000 square feet and are well located near interstate and airport infrastructure. The buildings are designed to support local, regional, national and international distribution. EastGroup has developed 57% of its Tucson portfolio.