Easterly government Properties Closes Acquisition of VA Facility in Texas.

MANews-(C)2009-2021

US-based real estate investment trust Easterly Government Properties, Inc. (NYSE: DEA) has, through its joint venture, completed the acquisition of the 226,148 leased square foot outpatient facility leased to the Department of Veterans Affairs located in San Antonio, Texas, the company said.

VA - San Antonio is the fourth property to be acquired in the previously announced portfolio of 10 properties 100% leased to the VA under predominately 20-year firm term leases.

Year to date, Easterly has acquired, either directly or through the previously announced JV, 12 properties for a total pro rata contractual purchase price of approximately USD 412.3m, exceeding its increased USD 350m acquisition volume target for the year.

Pro forma for this acquisition, Easterly owns, directly...

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