Easterly Government Properties Acquires 489,316 Leased SF Multi-Tenanted Facility in Kansas City, MO
Retrieved on:
Monday, October 18, 2021
Commercial Building & Real Estate, Construction & Property, Finance, Courts, Banking, REIT, Public Policy, Government, Professional Services, White House, Federal Government, USCIS, Oath of Allegiance (United States), JV, United States Citizenship and Immigration Services, Employment, Department, Security (finance), Government, Government agency, NBC, NYSE, Unitary state, United States Secretary of Homeland Security, Kansas, Phrase, U.S. Securities and Exchange Commission, Forward-looking statement, GSA, Annual report, DEA, Oath, DHS, Acquisition, Property management
USCIS - Kansas City, a single-story facility that was substantially renovated-to-suit in 1999, is leased primarily to USCIS along with several smaller private sector tenants.
Key Points:
- USCIS - Kansas City, a single-story facility that was substantially renovated-to-suit in 1999, is leased primarily to USCIS along with several smaller private sector tenants.
- With the majority of the building leased to USCIS through 2042, the total weighted average lease expiration date for the facility is February 2036.
- Demonstrating USCISs commitment to the facility, an approximately 16,000 leased square foot addition was completed in 2019 to better accommodate its long-term occupancy at the property.
- Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government.