Easterly Government Properties Inc
NYSE:DEA

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Easterly Government Properties Inc Logo
Easterly Government Properties Inc
NYSE:DEA
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Price: 11.05 USD -1.25% Market Closed
Market Cap: 1.2B USD

Easterly Government Properties Inc
Investor Relations

Easterly Government Properties Inc. is a real estate investment trust (REIT) that has carved out a niche in the world of federal government property. Established with a strategic vision to capitalize on the unique relationship between real estate and the U.S. government, the company acquires, develops, and manages properties leased primarily to the federal government. It focuses on securing long-term lease agreements with government agencies, which provide recurring rental income and stability not often found in the commercial property sector. This emphasis on government tenants offers a relatively low-risk investment proposition, as the federal government stands as one of the most reliable and creditworthy lessees available, ensuring consistent cash flow and high occupancy rates.

Operating primarily in major metropolitan areas as well as select regional locations across the United States, Easterly Government Properties taps into the government's ongoing need for specialized facilities, such as those required for agencies like the Department of Veterans Affairs, Federal Bureau of Investigation, and National Institutes of Health. The company generates revenue by leasing these properties back to various federal agencies under long-term arrangements, typically with escalation clauses that allow for rental increases over time. Through strategic acquisitions and developments tailored to meet the specific requirements of its clients, Easterly not only enhances its portfolio's value but also strengthens its relevance and appeal in the REIT landscape. This business model not only underscores the company’s commitment to steady growth but also highlights its strategic alignment with one of the most stable tenants imaginable—the U.S. government.

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Management

Mr. Darrell William Crate
CEO, President & Director
No Bio Available
Mr. Michael P. Ibe
Vice Chairman of the Board and Executive VP of Development & Acquisitions
No Bio Available
Ms. Allison E. Marino
Executive VP, CFO & Chief Accounting Officer
No Bio Available
Mr. Daniel Powers
Vice President of Corporate Finance
No Bio Available
Ms. Lindsay Winterhalter
Senior Vice President of Investor Relations & Operations
No Bio Available
Mr. Andrew G. Pulliam CPA
Executive Vice President of Acquisitions & Portfolio Management
No Bio Available
Mr. Mark W. Bauer
Executive Vice President of Development
No Bio Available
Mr. Nick A. Nimerala
Senior VP & Chief Asset Officer
No Bio Available
Mr. John Stuart Burns
Executive Vice President of Government Relations
No Bio Available
Ms. Stephanie Smarr
Supervisory VP & Head of Asset Management Operations
No Bio Available

Contacts

Address
WASHINGTON DC
WASHINGTON
2001 K Street Nw, Suite 775 North
Contacts
+12025959500.0
easterlyreit.com