Easterly Government Properties has acquired a 176,550-square-foot portfolio, comprised of three US government-leased properties.
The company, which specializes in acquiring, developing and managing class A commercial properties leased to the US government, has acquired the Federal Bureau of Investigation field office in Knoxville, TN, the US Attorney's office facility in Louisville, KY, and the US Immigration and Customs Enforcement office in Louisville, KY.
Completed in 2010, the FBI office in Knoxville, TN is a 99,130-square-foot, build-to-suit property, which is leased until August 2025 for an initial 15-year term.
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The US Attorney's office in Louisville, KY is a 60,000-square-foot, build-to-suit property, which is leased through December 2031 by the General Services Administration, on behalf of the US Attorney for the Western District of Kentucky. The property was completed in 2011.
The US Immigration and Customs Enforcement office in Louisville, KY, is a 60,000-square-foot, build-to-suit property. The building was completed in 2011 and is leased through May 2021.
Each of the acquired mission critical properties are LEED-certified.
"This was a wonderful acquisition opportunity for Easterly," states William C. Trimble III, CEO of Easterly Government Properties. "We are able to grow the company's total enterprise through the purchase of an attractive portfolio of three LEED Certified, build-to-suit mission critical facilities with first generation leases. We are delighted to welcome these important, bullseye facilities into our growing portfolio."
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
