Government Property Owner Easterly Names New CEO

  • Longtime CEO William Trimble to retire from role on Dec. 31
  • REIT has more than 95% occupancy rate despite macro challenges
Darrell CrateSource: Easterly Government Properties
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Easterly Government Properties Inc. said it has elevated co-founder and current board Chairman Darrell Crate to chief executive officer, effective at the beginning of next year.

Crate will replace fellow co-founder William Trimble, who will retire from his role as president and CEO effective Dec. 31, the real estate company said in a press release Thursday.