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Easterly Government Properties Acquires 289,873 SF Facility Primarily Leased to AA+ Rated District of Columbia Government

1. Easterly Government Properties acquired a 289,873 sq. ft. facility leased to DC Government. 2. The facility has a high occupancy rate of 98%, boosting DEA's stability.

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Why Bullish?

The acquisition of well-leased property strengthens DEA's revenue stream, similar to past successful acquisitions that led to stock price increases.

How important is it?

The acquisition indicates growth potential and diversification of DEA's portfolio, likely stimulating investor interest.

Why Long Term?

This acquisition could provide stable income over time, aligning with DEA's long-term growth strategy.

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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 that it has acquired a 289,873 square foot facility 98% leased primarily to the District of Columbia Government (DC) (S&P: AA+) (“Local Gov - DC”). The LEED Silver and.

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