Investor Presentaiton
Proven Acquisition Platform with Identified Pipeline
Track Record
Demonstrated Ability to Source Transactions
■ Since it's inception, Easterly has grown the
portfolio from 2.1 million leased square feet
and 29 properties to its current size of 8.8
million leased square feet and 90 operating Identified Pipeline
properties(1)
Longstanding relationships with owners,
developers and brokers
Easterly
Government Properties Inc.
Proprietary database tracks target
properties
Tracking an estimated $700+ million of
properties
-
Actively evaluating ~$250 million
Purchase Price (Millions)
$450M
Acquisitions Since IPO (2)
2022: $252M
$400M
$410M
$412M
$386M
$381M
$350M
$300M
$250M
$200M
$150M
$171M
$158M
$100M
$50M
$M
2015
2016
2017
2018
2019
$252M
2020
2021
$146M
2023: $80M
16
14
12
12
10
10
8
6
$73M
2
$62M
$33M
$18M
0
2Q22
3Q22
4Q22
3Q23
4Q23
Completed Acquisitions
(1) As of 12/31/2023. Reflects 100% of the leased square footage of properties owned by Easterly's unconsolidated joint venture.
(2) Reflects the Company's 53% joint venture pro rata share of the purchase price for the nine VA Portfolio properties acquired since 2021.
Number of Properties Purchased
Number of Properties Purchased
18View entire presentation