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Easterly Government Properties, a REIT specializing in developing and holding properties leased to the U.S. government and a few other entities, has acquired a three-building office campus in Cary, N.C., a part of metro Raleigh-Durham, for an unspecified price. The seller was Newport Beach, Calif.-based Menlo Equities.

Collectively, the property is known as Crossroads Corporate Park, including Building I (79,100 square feet), Building II (98,400 square feet) and Building III (121,500 square feet). The properties, all of 1990s vintage, are 97 percent leased, with the Wake County Public School System taking a vast majority of the space.