Easterly Government Properties, Inc. (DEA) Presents at Citi's Miami Global Property CEO Conference 2026 Transcript

SA Transcripts158.75K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Easterly Government Properties, Inc. (DEA) Citi's Miami Global Property CEO Conference 2026 March 2, 2026 10:15 AM EST Company Participants Darrell Crate - President, CEO & DirectorAllison Marino - Executive VP & CFO Conference Call Participants Seth Bergey - Citigroup Inc., Research Division Presentation Seth BergeyCitigroup Inc., Research Division [Audio Gap] Use you mic or go to liveqa.com and enter code GPC26 to submit questions. Darrell, we will now turn it over to you to introduce your company and the team, provide any opening remarks and tell the audience the top reasons an investors should buy your stock today, and then we can jump into Q&A. Darrell CratePresident, CEO & Director Thanks, very much [indiscernible] Seth BergeyCitigroup Inc., Research Division Can you just tap the button to turn the mic on? Darrell CratePresident, CEO & Director Is that on? Seth BergeyCitigroup Inc., Research Division Yes. Darrell CratePresident, CEO & Director Red is on. I didn't know red was good. Okay. Well, we're really glad to be at this conference. Thank you so much. I would -- at Easterly Government Properties, we're just super excited about what we're building and driving toward. Our guidance this year provides a 3% growth as we've delivered for the last couple of years. So we're a consistent 3% growing firm. Our cash flows are backed majoritively by the full faith and credit of the U.S. government. Our buildings are to mission-critical agencies and facilities that support that mission. Example being at an FBI, they need antiballistic glass. They need setbacks from the road. They need fences that a tractor trailer can't drive through. That is what they need. Our buildings are young. The weighted average age of the portfolio is about 16 years. A government building lasts 40 to 50