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Sign in Sign up for a FREE subscriptionEasterly Government Properties buys 14-asset portfolio for $430m
Easterly Government Properties has acquired a 14-property portfolio for $430 million.
The 1.5 million-square-foot portfolio is 94 percent leased to the federal government and 99 percent leased overall. Details of the 14 properties were undisclosed.
Easterly Government Properties is a fully integrated REIT focused primarily on the acquisition, development and management of class A commercial properties leased to the U.S. government.
