Easterly Government Properties, Inc. (NYSE:DEA) Q4 2022 Earnings Call Transcript

Peter Abramowitz: Okay. So that won’t be in ’23. Got it. And then I guess, I’m just trying to get a sense here, but also on the acquisition guide, it assumes none beyond Corpus Christi. But I think Darrell’s comments were pretty positive that the market is starting to open back up. So, just trying to get a sense of how kind of is that — would you say the guide is just more on the conservative side and you just are waiting for things to open up?

Bill Trimble: Yes. I’d say that, it’s not a surprise, I think conservative in Easterly Government Properties are probably synonymous in a lot of ways. And so the last thing we need to do is get everybody revved up. I think, we’ve always tried to over deliver. So you can be rest assured that when the market does open up, we will be participating if not driving it. So — but I can tell you, that I think Darrell is correct. It is moving in the right direction, but the velocity is very marginal right now.

Peter Abramowitz: Got it. That’s all from me. Thank you.

Operator: Thank you. I would now like to turn the conference back to Darrell Crate, Chairman of Easterly Government Properties for closing remarks.

Darrell Crate: Great. Thank you everyone for joining the Easterly Government Properties Fourth Quarter 2022 Conference Call. I’d like to thank our Board, our vendors, our shareholders and particularly our Easterly team for their dedication and support during the year. We hope this call has been helpful and we look forward to speaking with you all again soon.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.