Washington, DC-based real estate investment firm Easterly Partners said Tuesday that it has acquired the National Maritime Center facility in Martinsburg, West Virginia. No financial terms were disclosed. The building is currently being occupied by the U.S. Coast Guard.
WASHINGTON, D.C., September 17, 2013 – Easterly Partners, LLC announced that an affiliate has acquired the building occupied by the U.S. Coast Guard’s National Maritime Center in Martinsburg, West Virginia.
“The acquisition of this critical federal asset is consistent with Easterly Partners’ strategic focus on acquiring buildings that are designed to support the important missions of the occupying agencies and meet the government’s stringent requirements,” said William C. Trimble, III, Chief Executive Officer of Easterly Partners.
The National Maritime Center opened in 2007 following a build-to-suit competition. The three-story, 59,547 square foot, Class A, LEED Silver-certified building is the only such facility in the country, housing more than 300 employees. The U.S. Coast Guard-occupied facility is under a long-term lease to the U.S. Government through the U.S. General Services Administration.
About Easterly Partners, LLC
Easterly Partners, LLC is a privately held real estate investment management firm based in Washington, DC. Focused on providing strong, risk-adjusted returns to investors, Easterly leverages its experience and expertise to invest in a highly specialized segment of the U.S. Government real estate market.
For more information, visit www.easterlypartners.com.