Easterly Government Properties, Inc. (NYSE: DEA), a real estate investment trust focused on acquiring, developing and managing commercial properties leased to the US government, has acquired a 226,148 square foot outpatient facility, leased to the Department of Veterans Affairs.
The facility is located in San Antonio, Texas and is the fourth property in a previously announced 10 property portfolio 100% leased to the VA for EGP. In 2021, Easterly has purchased 12 properties for a total price of $412.3 million.
“VA – San Antonio is the largest of the assets within the VA Portfolio to be acquired thus far,” said William Trimble, III, Easterly CEO. “With our years of experience serving as the landlord to the VA and other US Federal agencies, Easterly feels confident in its ability to successfully manage this newest asset in our growing portfolio.”