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Easterly Government Properties Awarded Lease to Develop 40,035 RSF Federal Courthouse in Medford, Oregon

1. Easterly wins 20-year lease for a courthouse in Medford, Oregon. 2. The lease strengthens DEA's portfolio and revenue stability.

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FAQ

Why Bullish?

The long-term lease enhances DEA's revenue outlook, similar to previous successful contracts.

How important is it?

Long-term government contracts typically yield steady income, positively influencing investor sentiment.

Why Long Term?

This lease secures income stability over two decades, impacting valuations positively.

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WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (“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 been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse in Medford, Oregon (“JUD - Medford”). JUD - Med.

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