Easterly Government Properties Completes Acquisition of VA - Columbus
Wednesday, July 20th, 2022
Easterly Government Properties, Inc., 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, announced today that it has, through its joint venture ("JV"), completed the acquisition of the previously announced 67,793 leased square foot outpatient facility leased to the Department of Veterans Affairs (VA) located in Columbus, Georgia ("VA - Columbus"). VA - Columbus is the seventh property to be acquired in the previously announced portfolio of 10 properties 100% leased to the VA under predominately 20-year firm term leases (the "VA Portfolio").
"Easterly has now closed on seven of the 10 assets in the VA Portfolio through its JV and remains on pace to complete its previously stated $145 million pro rata JV acquisition target for 2022," said William C. Trimble, III, Easterly’s Chief Executive Officer.