Coastal Life Technologies, Inc. is running out of space in its current headquarters in the Alamo Ridge Business Park, which is why the medical device manufacturer has asked EastGroup Properties, Inc. to build it more.
EastGroup (NYSE: EGP) will start construction on a 134,700 build-to-suit for Coastal Life Technologies in late January 2016, a development that will allow the manufacturer to keep up with the growing demand for its products.