Easterly Government Properties Selected as a 2022 Green Lease Leader by the U.S. Department of Energy’s Better Building Alliance and the Institute for Market Transformation

Rhea-AI Summary

Easterly Government Properties, Inc. (NYSE: DEA) has been recognized as a 2022 Green Lease Leader by the U.S. Department of Energy's Better Buildings Alliance and the Institute for Market Transformation. The company achieved Silver Recognition for enhancing transparency in leases regarding energy and sustainability, tracking utility usage, and integrating renewable energy clauses. CEO William C. Trimble, III, emphasized that this award underscores Easterly's commitment to sustainability while striving to maximize shareholder value.

Positive

• Achieved Silver Recognition as a Green Lease Leader, indicating strong sustainability practices.
• Increased transparency in landlord-tenant relationships concerning energy efficiency and sustainability measures.

Negative

• None.

WASHINGTON--(BUSINESS WIRE)-- Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it was selected as a 2022 Green Lease Leader by the Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance.

Easterly Government Properties, Inc. (NYSE: DEA) was selected as a 2022 Green Lease Leader by the U.S. Department of Energy's Better Building Alliance and the Institute for Market Transformation (Graphic: Business Wire)

Launched in 2014, Green Lease Leaders sets national standards for what constitutes a green lease, while recognizing landlords and tenants who modernize their leases to spur collaborative action on energy efficiency, cost-savings, air quality, and sustainability in buildings. Easterly has achieved Silver Recognition for its efforts related to increasing transparency between landlord and tenant on energy and sustainability issues, tracking energy and water usage, utilizing the ENERGY STAR Portfolio Manager platform to both track and disclose scores and data, and including lease clauses around renewable energy usage.

“As Easterly continues to advance its sustainability strategy, we are honored to achieve the milestone of Green Lease Leaders Silver Recognition,” said William C. Trimble, III, Easterly’s Chief Executive Officer. “This award reflects our commitment towards furthering our sustainability strategy while we simultaneously pursue our goal of maximizing value for our shareholders."

About Easterly Government Properties, Inc.

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. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA). For further information on the company and its properties, please visit www.easterlyreit.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220519005196/en/

Easterly Government Properties, Inc.

Lindsay S. Winterhalter

Supervisory Vice President, Investor Relations & Operations

202-596-3947

ir@easterlyreit.com

Source: Easterly Government Properties, Inc.

FAQ

What is the significance of Easterly Government Properties being named a Green Lease Leader in 2022?

Being named a Green Lease Leader signifies Easterly's commitment to sustainability and energy efficiency in its properties.

What recognition did Easterly Government Properties receive from the U.S. Department of Energy?

Easterly Government Properties received Silver Recognition as a Green Lease Leader from the U.S. Department of Energy's Better Buildings Alliance.

How does Easterly Government Properties enhance transparency in its leases?

Easterly enhances transparency by tracking energy and water usage and including clauses on renewable energy usage in its leases.

Who is the CEO of Easterly Government Properties?

The CEO of Easterly Government Properties is William C. Trimble, III.