Easterly Government Expands Portfolio With Strategic Acquisitions

Easterly Government Properties (DEA) recently announced the acquisition of the 99,246- square-foot facility adjacent to Wright-Patterson Air Force Base to Northrop Grumman Systems Corporation (NOC) . The move comes as part of the company's acquisition efforts, and following this acquisition, Easterly owns, directly or through its joint venture, 95 properties aggregating 9.3 million square feet. This 100% net leased asset with annual rent escalations has been occupied by Northrop Grumman since 2012. It is a ...