Easterly Government Properties Inc is a real estate investment trust that acquires, develops, and manages Class A commercial properties leased to U.S. government agencies. All the company’s revenue comes from leasing these properties to those agencies. The team at Easterly has extensive experience in the GSA-leased space, having acquired and developed over 2.5 million square feet of properties in this sector.
Easterly also utilizes a proprietary database that tracks 8,500 leases totaling 200 million rentable square feet. This allows the company to find attractive acquisition opportunities as well as renew existing leases at positive spreads.
Easterly is also engaged in developing built-to-suit U.S. Government properties, which can maximize cash flow and long-term value for the company as well as its investors.
By leveraging its experienced team and proprietary database, Easterly Government Properties Inc is positioned to capitalize on opportunities in the government-leased real estate space. The company seeks to build a strong portfolio of Class A commercial properties that are leased primarily to U.S. Government agencies, generating solid returns for its investors.
Overall, Easterly Government Properties Inc is an experienced real estate investment trust that utilizes its expertise and resources to acquire, develop and manage Class A commercial properties leased to U.S. government agencies. The company is well-positioned to capitalize on the wealth of opportunities within this sector. The team behind Easterly also brings with them extensive development capabilities which will help the company to grow in the future.