Easterly Government Properties Acquires 104,136 SF Facility Adjacent to Buckley Space Force Base and Occupied by Northrop Grumman Systems Corporation
Easterly Government Properties (NYSE: DEA) has acquired a 104,136 square foot facility in Aurora, Colorado, fully leased to Northrop Grumman Systems (NYSE: NOC). The property, built in 2002, is strategically located adjacent to Buckley Space Force Base. 70% of the three-floor buildout meets secure design standards required by the U.S. Government, with space certified for processing sensitive compartmented information.
This acquisition aligns with Easterly's focus on vital real estate for high-credit companies connected to the government. The facility supports Northrop Grumman's contracts with Buckley SFB, which contributes an estimated $2.5 billion annually to the local economy. With this addition, Easterly now owns 96 properties totaling 9.5 million square feet, either directly or through joint ventures.
Easterly Government Properties (NYSE: DEA) ha acquisito una struttura di 104.136 piedi quadrati ad Aurora, Colorado, interamente affittata a Northrop Grumman Systems (NYSE: NOC). L'immobile, costruito nel 2002, è situato strategicamente accanto alla Buckley Space Force Base. Il 70% della costruzione su tre piani soddisfa gli standard di progettazione sicura richiesti dal governo degli Stati Uniti, con spazi certificati per la gestione di informazioni sensibili compartimentate.
Questa acquisizione è in linea con l'obiettivo di Easterly di concentrarsi su immobili vitali per aziende ad alta solvibilità connesse al governo. La struttura supporta i contratti di Northrop Grumman con Buckley SFB, che contribuisce con un fatturato stimato di 2,5 miliardi di dollari all'anno all'economia locale. Con questa aggiunta, Easterly possiede ora 96 proprietà per un totale di 9,5 milioni di piedi quadrati, sia direttamente che attraverso joint venture.
Easterly Government Properties (NYSE: DEA) ha adquirido una instalación de 104,136 pies cuadrados en Aurora, Colorado, completamente arrendada a Northrop Grumman Systems (NYSE: NOC). La propiedad, construida en 2002, está estratégicamente ubicada junto a la Base de la Fuerza Espacial Buckley. El 70% del edifico de tres pisos cumple con los estándares de diseño seguro requeridos por el gobierno de EE. UU., con espacios certificados para el procesamiento de información sensible compartimentada.
Esta adquisición se alinea con el enfoque de Easterly en inmuebles vitales para empresas de alta solvencia vinculadas al gobierno. La instalación apoya los contratos de Northrop Grumman con Buckley SFB, que contribuye con un estimado de 2.5 mil millones de dólares anuales a la economía local. Con esta adición, Easterly ahora posee 96 propiedades que suman un total de 9.5 millones de pies cuadrados, ya sea directamente o a través de empresas conjuntas.
이스터리 정부 자산(Easterly Government Properties)(NYSE: DEA)는 콜로라도주 아우로라에 있는 104,136 제곱 피트 규모의 시설을 인수했습니다, 이 시설은 노스롭 그루만 시스템(Northrop Grumman Systems)(NYSE: NOC)에 전적으로 임대되어 있습니다. 이 부동산은 2002년에 건설되었으며, 버클리 우주군 기지(Buckley Space Force Base) 근처에 전략적으로 위치해 있습니다. 3층 건물의 70%는 미국 정부에서 요구하는 보안 설계 기준을 충족하며, 민감한 구획 정보 처리를 위해 인증된 공간을 갖추고 있습니다.
이 인수는 정부와 연결된 고신용 기업을 위한 중요한 부동산에 중점을 두고 있는 이스터리의 방향과 일치합니다. 이 시설은 로컬 경제에 연간 약 25억 달러를 기여하는 Buckley SFB와의 노스롭 그루만 계약을 지원합니다. 이 추가로, 이스터리는 현재 직접적으로 또는 공동 투자 회사를 통해 총 950만 제곱 피트를 차지하는 96개의 부동산을 보유하고 있습니다.
Easterly Government Properties (NYSE: DEA) a acquis une installation de 104 136 pieds carrés à Aurora, au Colorado, entièrement louée à Northrop Grumman Systems (NYSE: NOC). La propriété, construite en 2002, est stratégiquement située à proximité de la Base de la Force Spatiale Buckley. 70 % de la construction de trois étages répond aux normes de conception sécurisée requises par le gouvernement américain, avec des espaces certifiés pour le traitement d'informations sensibles compartimentées.
Cette acquisition est en ligne avec l'orientation d'Easterly vers des biens immobiliers vitaux pour les entreprises ayant une haute cote de crédit liées au gouvernement. L'installation soutient les contrats de Northrop Grumman avec Buckley SFB, qui contribuent à environ 2,5 milliards de dollars par an à l'économie locale. Avec cette acquisition, Easterly possède désormais 96 propriétés totalisant 9,5 millions de pieds carrés, soit directement, soit par le biais de coentreprises.
Easterly Government Properties (NYSE: DEA) hat eine 104.136 Quadratfuß große Einrichtung in Aurora, Colorado, erworben, die vollständig an Northrop Grumman Systems (NYSE: NOC) vermietet ist. Die Immobilie, die 2002 erbaut wurde, befindet sich strategisch günstig neben der Buckley Space Force Base. 70% des dreigeschossigen Gebäudes entsprechen den Sicherheitsdesignstandards, die von der US-Regierung gefordert werden, wobei Räume für die Verarbeitung sensibler, compartmentierter Informationen zertifiziert sind.
Dieser Erwerb steht im Einklang mit Easterlys Fokus auf lebenswichtige Immobilien für hochrentierliche Unternehmen, die mit der Regierung verbunden sind. Die Einrichtung unterstützt die Verträge von Northrop Grumman mit Buckley SFB, die schätzungsweise jährlich 2,5 Milliarden Dollar zur lokalen Wirtschaft beitragen. Mit diesem Zuwachs besitzt Easterly nun 96 Immobilien mit insgesamt 9,5 Millionen Quadratfuß, entweder direkt oder über Joint Ventures.
- Acquisition of a 100% leased, triple net asset with annual rent escalations
- Strategic location adjacent to Buckley Space Force Base
- 70% of the facility meets secure government design standards
- Strengthens Easterly's portfolio of specialized facilities supporting government-related missions
- Expands total portfolio to 96 properties and 9.5 million square feet
- None.
Insights
~
The facility, developed in 2002, was built-to-suit for TRW Inc., an aerospace and automotive corporation acquired by Northrop Grumman in that same year. Approximately
“This acquisition advances our efforts in building a robust portfolio of vital real estate for high-credit companies connected to the government, like Northrop Grumman," said Darrell Crate, Easterly’s Chief Executive Officer. "With this acquisition, we strengthen our competitive advantage in owning and developing specialized facilities that support the missions of our corporate tenants and their
The property is located immediately west of Buckley SFB, which contributes an estimated
With this acquisition, Easterly owns, directly or through the Company’s joint venture, 96 properties totaling 9.5 million square feet.
About Easterly Government Properties, Inc.
Easterly Government Properties, Inc. (NYSE: DEA) is based in
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as “believe,” “expect,” “intend,” “project,” “anticipate,” “position,” and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to those risks and uncertainties associated with our business described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K filed on February 27, 2024. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this release is as of the date of this release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in our expectations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241015659710/en/
Easterly Government Properties, Inc.
Lindsay S. Winterhalter
Senior Vice President, Investor Relations & Operations
202-596-3947
ir@easterlyreit.com
Source: Easterly Government Properties, Inc.
FAQ
What property did Easterly Government Properties (DEA) acquire in Aurora, Colorado?
How does the acquired facility support Northrop Grumman's government contracts?
What is the strategic importance of this acquisition for Easterly Government Properties (DEA)?