Mission-critical real estate is defined by its stability, with assets tied to core government functions and long-term leases with federal agencies. These properties support essential services, from law enforcement to health care. In this interview, Easterly Government Properties President and CEO Darrell Crate outlines how the sector operates, why tenant relationships are tied to long-term mission needs, and how lease structures drive stability. He also discusses how operating expertise, building requirements, and public-private partnerships shape performance.
How would you define the mission-critical real estate niche, and what makes it distinct?
The real estate we own facilitates and enables the enduring mission of the U.S. government. We are focused on agencies that provide core services to the American people, such as