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-0.000400320256204884 -0.000800640512409911 -0.000800640512409911 -0.0012009607686148 0 0.00152121697357887 0 -0.00480384307445961
Stock impact report

Easterly Government Boosts Portfolio With IRS Facility Buyout [Yahoo! Finance]

Easterly Government Properties, Inc. (DEA) 
Last easterly government properties, inc. earnings: 2/25 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.easterlyreit.com
Company Research Source: Yahoo! Finance
The move comes as part of the company's acquisition efforts, and following this property buyout, Easterly owns, directly or through its joint venture, 97 properties aggregating 9.5 million square feet. Fully leased to the General Services Administration for the beneficial use of the IRS, this facility is home to mission-critical operations related to the IRS' tax submission processing and Digital Fraud Department. The facility meets level 4 security requirements with advanced bomb detection capabilities and chemical sniffing K9s. Serving as the IRS' internal mail processing center, IRS – Ogden's lease is slated for expiry in January 2029 and has two five-year options, which extend the lease through January 2039. This facility is one of only two IRS processing centers within the United States, and the IRS is relocating its Imaging Department from Cincinnati to the Ogden facility and installing four new high-speed scanners as part of its efforts to enhance its on-site operations. Th Show less Read more
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