HC Government Realty Trust, Inc. Announces Expansion into Development of Built-to-Suit GSA Properties, Appointments of John W. Braswell as Chief Operating Officer and Philip Perry as President.

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John W. Braswell
John W. Braswell
Chief Operating Officer
Philip Perry
Philip Perry
President

WINSTON-SALEM, NC – HC Government Realty Trust Inc. (“HCGRT”), today announced the appointment of John Braswell to the position of Chief Operating Officer and Philip Perry to the position of President. These appointments correspond with HCGRT’s expansion into pursuing the development of Built-to-Suit and Renovate -to -Suit properties for the U.S. Government.

Chief Executive Officer and Chairman Steve Hale added the following statement to today’s announcement:

“The addition of John and Philip to HCGRT’s team adds over 30 years of combined experience across all facets of GSA real estate to the HCGRT platform. John and Philip bring a competitive advantage in directly procuring and developing the federal government assets possessing the specific attributes HCGRT desires. Everyone at HCGRT is excited they have joined the platform to enhance our next phase of growth and the long-term goals of the Company.”

HCGRT’s real estate portfolio currently includes 27 properties representing approximately 508,000 rentable square feet across 12 different agencies located in 18 states.

Contacts

Contact: IR@hcgovtrust.com

About HC Government Realty Trust, Inc.

HC Government Realty Trust, Inc. was formed in 2016 with the purpose of acquiring and operating GSA properties, which are full-faith credit obligations of the U.S. Government. GSA-leased real estate asset classes typically possess a highly stable tenant base, long-term lease structures and low risk of tenant turnover. The Company’s initial portfolio consists of U.S. Government tenant agencies, including a number of the U.S. Government’s largest and most essential agencies, such as the Drug Enforcement Administration, the Federal Bureau of Investigation, the Social Security Administration and the Department of Transportation. For more information, please visit our corporate website at www.hcgovtrust.com.

Released January 6, 2022