Easterly Government Properties, Inc. is an internally managed real estate investment trust that acquires, develops, and manages Class A commercial office properties leased primarily to U.S. Government agencies performing essential functions, generating roughly 90% of revenue through direct federal leases or the General Services Administration. The company's portfolio consists of mission-critical office buildings typically exceeding 40,000 square feet and leased to a single government tenant for extended terms of 10–20 years with renewal options, offering strong credit quality backed by the full faith and credit of the U.S. Government. Easterly generates revenue through lease income, property management services, build-to-suit development for federal agencies, and lease renewals at positive spreads, while leveraging proprietary market intelligence and cumulative development expertise to identify acquisition and development opportunities.