Stroock Guides Easterly In $244M Deal For 8 Properties
New York, September 24, 2018 — Stroock’s national Real Estate Group advised Easterly Government Properties Inc., a government-focused real estate investment trust, in its $244 million acquisition of eight properties that are leased to government agencies.
The properties total over 1 million square feet, and they are located in Illinois, New York, Pennsylvania, Texas and West Virginia.
Easterly Government Properties Inc. is a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. government.
The Stroock real estate team included Jeff Keitelman, Kim Pagotto, Joe Miller and Kelly Booker.
Stroock has advised on more than 50 government real estate transactions within the past year.
Stroock’s 85-member national Real Estate Group helps clients structure, negotiate and close some of the country’s largest commercial real estate transactions.
Stroock provides strategic transactional, regulatory and litigation advice to advance the business objectives of leading financial institutions, multinational corporations and entrepreneurial businesses in the U.S. and globally.