---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-050958"
form_type: "8-K"
ticker: "DEA"
cik: "0001622194"
company_name: "Easterly Government Properties, Inc."
filed_at: "2021-10-15T23:59:59+00:00"
generated_at: "2026-06-28T20:34:53.622967+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Easterly forms JV to acquire $635.6M VA portfolio of 10 properties; 53% stake retained

## Summary
- Purchase price $635.6M for 1,214,165 sq ft; 100% leased to VA with 19.6-year weighted avg lease term.
- Easterly retains 53% JV stake; partner (unnamed global investor) holds 47%; Easterly earns asset management fees.
- JV closed Oct 13 on VA-Lubbock (120,916 SF) and VA-Lenexa (31,062 SF); remaining 8 properties expected by end of 2023.
- Over $174M in VA-funded tenant improvements planned; all facilities Class A, Green Globe certified.
- Year-to-date Easterly acquired 8 properties directly/JV for ~$167.8M pro rata; now owns 86 properties totaling 7.8M SF.

## SEC filing metadata
- accession: 0001564590-21-050958
- form_type: 8-K
- ticker: DEA
- cik: 0001622194
- company_name: Easterly Government Properties, Inc.
- filed_at: 2021-10-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622194/000156459021050958/0001564590-21-050958-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622194/000156459021050958/dea-8k_20211008.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-050958
- JSON: https://secwatch.observer/filing/0001564590-21-050958.json
- Plain text: https://secwatch.observer/filing/0001564590-21-050958.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.