Easterly Government Properties Acquires 95,273 SF Specialized Facility In Anaheim, California
Portfolio Pulse from Benzinga Newsdesk
Easterly Government Properties, Inc. (NYSE:DEA) has acquired a 95,273 square foot Class A workers' compensation adjudication and training facility in Anaheim, California. The facility is fully leased by agencies of the State of California. This acquisition is part of Easterly's year-to-date acquisitions totaling approximately $47.5 million, including wholly owned and JV acquisitions. With this acquisition, Easterly now owns 88 properties totaling 8.7 million square feet.
October 05, 2023 | 1:08 pm
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Easterly Government Properties' acquisition of a fully leased facility in Anaheim could potentially increase its revenue stream due to the long-term lease by state agencies. This acquisition is part of a larger acquisition strategy, which has seen the company acquire properties worth approximately $47.5 million this year.
The acquisition of a fully leased facility by Easterly Government Properties could potentially increase its revenue due to the long-term lease by state agencies. This acquisition is part of a larger acquisition strategy by the company, which could indicate a strategic expansion and potential for increased revenue in the future.
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