{"id":1004727684,"date":"2024-09-04T05:09:14","date_gmt":"2024-09-04T13:09:14","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004727684"},"modified":"2024-09-04T05:09:17","modified_gmt":"2024-09-04T13:09:17","slug":"easterly-government-jv-closes-on-jacksonville-va-clinic","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/","title":{"rendered":"Easterly Government JV Closes on Jacksonville VA Clinic"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"383\" height=\"287\" data-attachment-id=\"1004727688\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/va_-_jacksonville-image-courtesy-of-easterly-government-properties-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg\" data-orig-size=\"383,287\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"VA_-_Jacksonville. Image courtesy of Easterly Government Properties\" data-image-description=\"&lt;p&gt;Rendering of VA clinic in Jacksonville, Fla.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The VA clinic in Jacksonville, Fla. came online in April 2024. Rendering courtesy of Hoefer Welker &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg?w=383\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg\" alt=\"Rendering of VA clinic in Jacksonville, Fla.\" class=\"wp-image-1004727688\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg 383w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 383px) 100vw, 383px\" \/><\/a><figcaption class=\"wp-element-caption\">The VA clinic in Jacksonville, Fla. came online in April 2024. <em>Rendering courtesy of Hoefer Welker <\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Easterly Government Properties, in a joint venture with a global investor, has completed the acquisition of a 193,100-square-foot medical office building leased to the Department of Veterans Affairs in Jacksonville, Fla. The property is the tenth and last facility to be purchased as part of a 2021 portfolio transaction in which U.S. Federal Properties Co. was the seller.<\/p>\n\n\n\n<p>The North Florida\/South Georgia Veterans Health System broke ground on the $64.2 million Jacksonville project in December 2021 and completed it in April this year. The developer acquired the construction site for $8.4 million in 2020, according to CommercialEdge data.<\/p>\n\n\n\n<p>The property features a domiciliary that provides housing for veterans in need of substance abuse treatment or full-time care. The clinic offers various services such as physical therapy, prosthetics, occupational therapy, rehabilitation medicine and traumatic brain injury treatment.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/outpatient-facilities-step-into-the-spotlight\/\">Outpatient Facilities Step Into the Spotlight<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The 21.6-acre facility is at 145 Heron Bay Road and provides access to interstates 95 and 295. Downtown Jacksonville is some 13 miles south of the property. Other medical facilities in the surrounding area include UF North Health, Millennium Physician Group and Coastal Medical Plaza, among others.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-va-clinic-serving-the-jacksonville-area\">VA clinic serving the Jacksonville area<\/h2>\n\n\n\n<p>The 1.2 million-square-foot portfolio consisted of 10 outpatient clinics leased to the VA for 20 years on average. The joint venture acquired the group of assets for a total of $635.6 million. <\/p>\n\n\n\n<p>The Class A facilities are located in several states across the U.S., such as Kansas, Texas, Georgia, Tennessee, Arizona, Alabama and Florida. Last year in September, the partnership closed on its ninth clinic, the <a href=\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-texas-va-clinic\/\">69,276-square-foot facility<\/a> in Corpus Christi, Texas.<\/p>\n\n\n\n<p>Easterly owns a total of 94 assets totaling 9.2 million square feet. In another major transaction that took place in late 2022, the REIT sold <a href=\"https:\/\/www.commercialsearch.com\/news\/easterly-government-closes-9-sales-in-205m-disposition\/\">$205.3 million worth of commercial properties<\/a> leased to the U.S. government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property is the last to be purchased as part of a 10-asset portfolio.<\/p>\n","protected":false},"author":2829,"featured_media":1004727688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,1591,21754,21742,32781],"tags":[33317,32907],"class_list":["post-1004727684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-jacksonville","category-medical-office","category-latest","category-southeast","tag-department-of-veteran-affairs","tag-easterly-government-properties-inc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Easterly Government JV Closes on Jacksonville VA Clinic - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"An Easterly Government Properties joint venture has closed on the acquisition of a 193,100-square-foot VA clinic in Jacksonville, Fla.\" \/>\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.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Easterly Government JV Closes on Jacksonville VA Clinic\" \/>\n<meta property=\"og:description\" content=\"An Easterly Government Properties joint venture has closed on the acquisition of a 193,100-square-foot VA clinic in Jacksonville, Fla.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-04T13:09:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-04T13:09:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"383\" \/>\n\t<meta property=\"og:image:height\" content=\"287\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Madalina Pojoga\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/\",\"name\":\"Easterly Government JV Closes on Jacksonville VA Clinic - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg\",\"datePublished\":\"2024-09-04T13:09:14+00:00\",\"dateModified\":\"2024-09-04T13:09:17+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a\"},\"description\":\"An Easterly Government Properties joint venture has closed on the acquisition of a 193,100-square-foot VA clinic in Jacksonville, Fla.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg\",\"width\":383,\"height\":287,\"caption\":\"The VA clinic in Jacksonville, Fla. came online in April 2024. Rendering courtesy of Hoefer Welker\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Easterly Government JV Closes on Jacksonville VA Clinic\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a\",\"name\":\"Madalina Pojoga\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/MadalinaPojoga_AuthorPhoto.jpg?w=72\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/MadalinaPojoga_AuthorPhoto.jpg?w=72\",\"caption\":\"Madalina Pojoga\"},\"description\":\"Madalina Pojoga is an associate editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2022. Madalina is covering the self storage sector on MHN and industrial and medical office building assets for CPE. She has an academic background in film studies and performative arts.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/madalina-pojoga\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Easterly Government JV Closes on Jacksonville VA Clinic - Commercial Property Executive","description":"An Easterly Government Properties joint venture has closed on the acquisition of a 193,100-square-foot VA clinic in Jacksonville, Fla.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/","og_locale":"en_US","og_type":"article","og_title":"Easterly Government JV Closes on Jacksonville VA Clinic","og_description":"An Easterly Government Properties joint venture has closed on the acquisition of a 193,100-square-foot VA clinic in Jacksonville, Fla.","og_url":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2024-09-04T13:09:14+00:00","article_modified_time":"2024-09-04T13:09:17+00:00","og_image":[{"width":383,"height":287,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg","type":"image\/jpeg"}],"author":"Madalina Pojoga","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/","url":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/","name":"Easterly Government JV Closes on Jacksonville VA Clinic - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg","datePublished":"2024-09-04T13:09:14+00:00","dateModified":"2024-09-04T13:09:17+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a"},"description":"An Easterly Government Properties joint venture has closed on the acquisition of a 193,100-square-foot VA clinic in Jacksonville, Fla.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg","width":383,"height":287,"caption":"The VA clinic in Jacksonville, Fla. came online in April 2024. Rendering courtesy of Hoefer Welker"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/easterly-government-jv-closes-on-jacksonville-va-clinic\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Easterly Government JV Closes on Jacksonville VA Clinic"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7ced0369df035c845a1e5d647c62dd7a","name":"Madalina Pojoga","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/MadalinaPojoga_AuthorPhoto.jpg?w=72","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/MadalinaPojoga_AuthorPhoto.jpg?w=72","caption":"Madalina Pojoga"},"description":"Madalina Pojoga is an associate editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2022. Madalina is covering the self storage sector on MHN and industrial and medical office building assets for CPE. She has an academic background in film studies and performative arts.","url":"https:\/\/www.commercialsearch.com\/news\/author\/madalina-pojoga\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/VA_-_Jacksonville.-Image-courtesy-of-Easterly-Government-Properties-edited.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004727684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/2829"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004727684"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004727684\/revisions"}],"predecessor-version":[{"id":1004727777,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004727684\/revisions\/1004727777"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004727688"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004727684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004727684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004727684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}