Easterly Government Properties Acquires 79,212 SF Department of Veterans Affairs Outpatient Facility in Mobile, AL
Easterly Government Properties, Inc. (DEA)
Last easterly government properties, inc. earnings: 2/25 06:30 am
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ir.easterlyreit.com
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Source: Business Wire
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has acquired a 79,212-square foot Department of Veterans Affairs (“VA”) Outpatient Clinic in Mobile, Alabama (“VA - Mobile”).VA - Mobile, part of the Gulf Coast Veterans Health Care System, is a build-to-suit outpatient clinic that was recently completed in 2018. This modern facility sits on a roughly 13-acre campus and is subject to an initial 15-year non-cancelable lease term that expires in December 2033.The facility provides a wide range of medical and ancillary services including primary care, mental health services and laboratory services. This facility replaces the prior VA clinic in Mobile, Alabama to help address the needs of the approximately 54,000 veterans in the surrounding region.“The everyda
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