Easterly Government Properties Inc

Easterly Government Properties, Inc. (NYSE: DEA) is a fully integrated real estate investment trust (REIT) focused primarily on the acquisition, development, and management of Class A commercial properties leased to the U.S. Government and its adjacent partners. The company's experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies, with properties leased either directly or through the U.S. General Services Administration (GSA). As of June 30, 2026, Easterly owned or co-owned through a joint venture 106 operating properties encompassing approximately 10.7 million leased square feet across the United States, including 93 properties leased primarily to U.S. Government tenant agencies, eight properties leased to state or local government tenants, and five properties leased entirely to private tenants. The portfolio generates total annualized lease income of approximately $394 million, with the Department of Veterans Affairs (24.6%), FBI (13.9%), and DEA (7.4%) as the three largest tenants. Property types include specialized facilities, outpatient clinics, laboratories, courthouses, federal courthouses, offices, and warehouses. The portfolio was 98% leased with a weighted average remaining lease term of 9.2 years. The company also had three development projects under construction expected to add approximately 155,000 square feet with long-term government leases ranging from 20 to 25 years. Updated Aug 3, 2026