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home / news releases / DEA - Easterly Government announces sale of ten government leased assets for $205.3M

DEA - Easterly Government announces sale of ten government leased assets for $205.3M

Easterly Government Properties Inc.
  • Easterly Government Properties ( NYSE: DEA ) has sold or agreed to sell ten of its primarily government leased assets for approximately $205.3M.
  • The assets represent a combined total of approximately 668,000 leased square feet with a weighted average age of 14.0 years. The sale of nine of the ten assets in the disposition portfolio closed on October 27, 2022.
  • The transaction will increase the weighted average lease term of the company’s overall portfolio.
  • Pro forma for the completed sale of the entire disposition portfolio, Easterly ( DEA ) is expected to own, directly or through the JV, 85 properties totaling 8.4M square feet.

For further details see:

Easterly Government announces sale of ten government leased assets for $205.3M
Stock Information
Company Name: Easterly Government Properties Inc.
Stock Symbol: DEA
Market: NYSE
Website: easterlyreit.com
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