Easterly Government Properties Acquires 104,136 SF Facility Adjacent To Buckley Space Force Base And Occupied By Northrop Grumman Systems Corporation; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Easterly Government Properties has acquired a 104,136 square foot facility in Aurora, Colorado, fully leased to Northrop Grumman Systems Corporation. The facility is adjacent to Buckley Space Force Base and meets high security standards.
October 15, 2024 | 12:23 pm
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POSITIVE IMPACT
Easterly Government Properties has acquired a new facility leased to Northrop Grumman, enhancing its portfolio of government-leased properties.
The acquisition of a fully leased facility to a major defense contractor like Northrop Grumman strengthens Easterly's portfolio, likely boosting investor confidence and potentially increasing stock value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Northrop Grumman continues to occupy a secure facility near Buckley Space Force Base, supporting its defense contracts.
The continued lease of a secure facility supports Northrop Grumman's operations but does not directly impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70