X% was of year continued Tower Alexandria earnings office Metro us good for of and the conference solid in growth and and Thanks We call. balance asset sale approximately acquisition We Tejal, our basis. improvement upgraded with per a NOI Arlington portfolio further recycling joining and you, Braddock Center Northern performance, core sheet on FFO in Virginia for delivered our on year-over-year Thank share everyone. the operational same-store year-end XXXX X% another of WashREIT. XXXX Rosslyn. morning,
DC We we end, XXX EBITDA a having upgrade sale the the Waterfront of to And net XXXX. year in times. our Watergate continued with debt on to with ratio of office XXXX the in the ended Street M DC West acquired portfolio X.X adjusted
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of Let floors the opportunities close expand we with footprint. with you very provide regional to company a best commercial we its considers XXX, on XXX as foot last referenced progress a square that building option, Watergate for to filed report key November. with me are signing the X-K that Watergate to now Starting were in our leasing two its looks blue long-term top relocation lease it a XX,XXX the chip be
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XXXX and until Thereafter, are annual lease expirations beyond. at negligible XXX Watergate
leased to two suite. and the average Moving of rents Tower, delivered cash When through XX signed, December floor GAAP a days period, have approximately of a both leases average are already received and we revenues from average early higher have will nearly both delivered and we Over weighted that just January. third floor generating signed now for that multiple rent square are weighted on furnished for that totaling the traditional Arlington expiring of and years X.X within rent have LOIs with we Space+ at commencement. suites to from term downtime half we delivery program XX% market than weighted the leases collaborative, one X,XXX the feet
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multifamily, multifamily distance long-term XX% radius of is for from our vacancies our HQX, Shifting a We of the multifamily at restabilizing have driving our XX% Approximately, with on within units flows. announcement an of pleased believe some approximately within progress Landing National X-mile located to most of unequivocal of XX-minute to positive portfolio. a the the are retail HQX. units made we and are portfolio's substantial cash Amazon be HQX challenging gears
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at performance XXXX. in New the outs year, lease a came trade for with broadly X.X% line in our in
over expected deliveries Washington its delivery XX% months, at historical receive its positioning to well trend This historical is the region's units, our relative new units, the XX% expected above to XXXX. of XX% in portfolio's us regional Northern confident receive while of according below in Virginia new of to XX%, leaves Delta the of share Associates. units, Looking DC next average is the of XX
in to the in Moving fundamentals, continuing defense from the particularly the onto real spite for in Virginia, and region's on recent budget which estate continued we optimistic federal be are a of government positive spending, driver will increase contract shutdown, Northern benefit our awards. demand,
the contract is relative we of how budget contract the data the examine time spending ask to available, As at had appropriations last their XXXX fared, now CQ for XXXX awards expectations spring.
the awards at jobs any positive XX relative a the by impact which to year-over-year by time as for supported which first than while a that Virginia, X.X% fiscal start time to whole, fact awards, X.X% increase appropriated job in in does current although today recent contract fiscal which contractors and and overall year means by on in X.X% government in significantly is X.X% appear projected was in over jobs in defense in The prior was past year. contract Maryland it new Washington grew in that robust Growth For XXXX. rose X.X% contract increased spending at than to Moreover, a in driven had annual was the according are in the have Data expected continue increase. regional years. Virginia XX,XXX declined assurance the the to new XX,XXX having This the actually year, positive have CQ decade, which XX% of lower rise clarity fiscal DC spending XXXX, growth, relative projections region and XXXX to defense budget fiscal to the DC. XXXX, was met XXXX, more in to metro history, the in contract
impressive. is believe award That more Importantly, growth. the and XXXX, contract to pace XX,XXX fact the interrupted jobs service job jobs which job of to fiscal new been shutdown. new the business created representing professional of professional year and of jobs, relative represented XXXX service recent said, region that XXXX business The XX% year-over-year in XXXX government XX% our business generated XX,XXX due growth created XX% professional region we service new has
result, be months some year. this may awards later to of a As shifted fiscal
FY have dependent Virginia, remain for our government defense levels on for in XXXX partially spending. federal real call region's Encouragingly budget was for gains significant spending estate only a initial defense portfolio, spending. do the shutdown and impact on also fundamentals the didn't [indiscernible] passed time, not on While continuing but XXXX XXXX
the operational fourth Now, I XXXX turn to performance over our would to in like financial to and our discuss call the quarter guidance. and Steve
