StockNews.AI
DEA
StockNews.AI
4 hrs

Easterly Government Properties Acquires 138,125 SF Facility, 100% Leased, and Located Near Greenwood Village, Colorado

1. Easterly Government Properties acquired a 138,125 sq ft facility in Colorado. 2. The property is fully leased to York Space Systems, enhancing DEA's portfolio.

M&A
+1.85%Current Return
VS
-0.4%S&P 500
$22.6609/05 08:06 AM EDTEvent Start
$23.0809/05 11:39 AM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The acquisition increases DEA's asset base and revenue stability, similar to historical acquisitions boosting stock prices.

How important is it?

The acquisition strengthens DEA's position in government leasing, which is crucial for long-term growth.

Why Short Term?

The immediate impact of the acquisition will reflect in earnings, similar to past acquisitions improving quarterly results.

Related Companies

GLPIFSPVNO
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners, announced today the acquisition of a 138,125 square foot facility in Greenwood Village, Colorado (“York - Greenwood”). The property is 100% leased to York Space Systems. York Space System.

Related News