{"id":843129,"date":"2025-04-29T06:40:40","date_gmt":"2025-04-29T10:40:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/"},"modified":"2025-04-29T06:40:40","modified_gmt":"2025-04-29T10:40:40","slug":"easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/","title":{"rendered":"Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Easterly Government Properties Awarded Lease to Develop<\/b><b>40,035 RSF Federal Courthouse in Medford, Oregon<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li class=\"bwalignc\"><b>20-year firm term lease with U.S. Government<\/b><\/li>\n<\/ul>\n<p>WASHINGTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEasterly Government Properties, Inc. (NYSE: DEA) (\u201cEasterly\u201d), 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 and its adjacent partners, announced today that it has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse in Medford, Oregon (\u201cJUD &#8211; Medford\u201d).\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250429587434\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250429587434\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250429587434\/en\/2452197\/4\/north_elevation_view1.jpg\" alt=\"Easterly Government Properties has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse in Medford, Oregon\" \/><\/p>\n<p style=\"font-size:85%\">Easterly Government Properties has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse in Medford, Oregon<\/p>\n<\/div>\n<p>\nJUD &#8211; Medford is expected to be a state-of-the-art, two-story courthouse that is designed to meet LEED Silver for New Construction. The facility is expected to be designed according to the Government\u2019s specific requirements for a district courthouse. In addition to the District and Federal Magistrate courtrooms, the courthouse is expected to also house the offices for both U.S. Senators, U.S. Marshal Service, a Probation Office, and U.S. Attorneys Office, all under the same 20-year non-cancelable lease.\n<\/p>\n<p>\n\u201cWe continue to deliver cost savings to federal agencies through leasing Class A, mission-critical real estate,\u201d said Darrell Crate, President &amp; Chief Executive Officer of Easterly Government Properties. \u201cWith roughly 95% of our portfolio in firm-term, this lease award highlights our competitive advantage to develop as the government increasingly relies on leasing as a source of taxpayer efficiency going forward.\u201d\n<\/p>\n<p>\nSitework is slated to commence in the first half of 2026 with an anticipated delivery date in the second half of 2027. Once delivered, a brand-new 20-year firm term lease will commence with the General Services Administration for the benefit of the United States Judiciary.\n<\/p>\n<p><b>About Easterly Government Properties, Inc.<\/b><\/p>\n<p>\nEasterly 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\u2019s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased primarily through the U.S. General Services Administration (GSA). For further information on the company and its properties, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.easterlyreit.com&amp;esheet=54245324&amp;newsitemid=20250429587434&amp;lan=en-US&amp;anchor=www.easterlyreit.com&amp;index=1&amp;md5=2366578ad9b2ed5ce6f28c63b64234a8\">www.easterlyreit.com<\/a>.\n<\/p>\n<p><i>This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as \u201cbelieve,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cproject,\u201d \u201canticipate,\u201d \u201cposition,\u201d and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to those risks and uncertainties associated with our business described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K filed on February 25, 2025. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this release is as of the date of this release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in our expectations.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250429587434r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250429587434\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250429587434\/en\/<\/a><\/span><\/p>\n<p>\nEasterly Government Properties, Inc.<br \/>\n<br \/>Lindsay S. Winterhalter<br \/>\n<br \/>Senior Vice President, Investor Relations &amp; Operations<br \/>\n<br \/>202-596-3947<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:IR@easterlyreit.com\">IR@easterlyreit.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America District of Columbia Oregon<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Public Policy\/Government State\/Local Other Policy Issues Other Construction &amp; Property Commercial Building &amp; Real Estate Construction &amp; Property Building Systems<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250429587434\/en\/2452197\/3\/north_elevation_view1.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Easterly Government Properties has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse in Medford, Oregon<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250429587434\/en\/562023\/3\/Easterly_Government_Properties_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon 20-year firm term lease with U.S. Government WASHINGTON&#8211;(BUSINESS WIRE)&#8211; Easterly Government Properties, Inc. (NYSE: DEA) (\u201cEasterly\u201d), 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 and its adjacent partners, announced today that it has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse in Medford, Oregon (\u201cJUD &#8211; Medford\u201d). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250429587434\/en\/ Easterly Government Properties has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-843129","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon 20-year firm term lease with U.S. Government WASHINGTON&#8211;(BUSINESS WIRE)&#8211; Easterly Government Properties, Inc. (NYSE: DEA) (\u201cEasterly\u201d), 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 and its adjacent partners, announced today that it has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse in Medford, Oregon (\u201cJUD &#8211; Medford\u201d). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250429587434\/en\/ Easterly Government Properties has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse &hellip; Continue reading &quot;Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-29T10:40:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20250429587434\/en\/2452197\/4\/north_elevation_view1.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon\",\"datePublished\":\"2025-04-29T10:40:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\\\/\"},\"wordCount\":700,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20250429587434\\\/en\\\/2452197\\\/4\\\/north_elevation_view1.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\\\/\",\"name\":\"Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon - 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(NYSE: DEA) (\u201cEasterly\u201d), 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 and its adjacent partners, announced today that it has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse in Medford, Oregon (\u201cJUD &#8211; Medford\u201d). This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250429587434\/en\/ Easterly Government Properties has been awarded a 20-year non-cancelable lease for a 40,035 rentable square foot Federal District and Federal Magistrate Courthouse &hellip; Continue reading \"Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-29T10:40:40+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20250429587434\/en\/2452197\/4\/north_elevation_view1.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon","datePublished":"2025-04-29T10:40:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/"},"wordCount":700,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20250429587434\/en\/2452197\/4\/north_elevation_view1.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/easterly-government-properties-awarded-lease-to-develop40035-rsf-federal-courthouse-in-medford-oregon\/","name":"Easterly Government Properties Awarded Lease to Develop40,035 RSF Federal Courthouse in Medford, Oregon - 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