Gladstone Commercial Announces Acquisition of a 693,236 SF Industrial Portfolio
Gladstone Commercial (Nasdaq:GOOD) has announced the acquisition of a significant industrial portfolio spanning 693,236 square feet across six locations in Michigan, Indiana, and Georgia for $54.5 million. The facilities, comprising manufacturing, distribution, and warehouse space, have been simultaneously leased back to TI Automotive, a global tier 1 automotive supplier, under a 20-year absolute net lease.
The strategic acquisition strengthens Gladstone's industrial portfolio in key U.S. manufacturing markets, with the facilities serving as essential manufacturing and distribution hubs for TI Automotive's operations. The transaction enhances the company's weighted average lease term and portfolio stability.
Gladstone Commercial (Nasdaq:GOOD) ha annunciato l'acquisizione di un significativo portafoglio industriale che comprende 693.236 metri quadrati in sei sedi in Michigan, Indiana e Georgia per $54,5 milioni. Le strutture, costituite da spazi di produzione, distribuzione e magazzino, sono state contestualmente riportate in affitto a TI Automotive, un fornitore globale di primo livello nel settore automobilistico, con un contratto di locazione netta assoluta di 20 anni. L'acquisizione strategica rafforza il portafoglio industriale di Gladstone in mercati chiave di produzione statunitensi, con gli immobili che fungono da hub essenziali di produzione e distribuzione per le operazioni di TI Automotive. La transazione migliora la durata media ponderata delle locazioni e la stabilità del portafoglio.
Gladstone Commercial (Nasdaq:GOOD) ha anunciado la adquisición de una importante cartera industrial que abarca 693.236 pies cuadrados en seis ubicaciones en Michigan, Indiana y Georgia por $54,5 millones. Las instalaciones, que comprenden espacios de fabricación, distribución y almacén, han sido alquiladas de vuelta a TI Automotive, un proveedor global de primer nivel del sector automotriz, bajo un arrendamiento neto absoluto de 20 años. La adquisición estratégica fortalece la cartera industrial de Gladstone en mercados clave de fabricación en EE. UU., y las instalaciones servirán como centros esenciales de fabricación y distribución para las operaciones de TI Automotive. La operación mejora la duración media ponderada de los arrendamientos y la estabilidad de la cartera.
Gladstone Commercial (Nasdaq:GOOD)는 미시간, 인디애나 및 조지아의 여섯 곳에 걸친 693,236 제곱피트에 달하는 중요한 산업 포트폴리오를 $54.5백만에 인수했다고 발표했습니다. 제조, 유통 및 창고 공간으로 구성된 이 시설들은 TI Automotive에 대한 20년 절대 순임대로 동시 재임대되었습니다. TI Automotive는 글로벌 1위 자동차 공급업체로서 이 거래는 미국의 주요 제조 시장에서 Gladstone의 산업 포트폴리오를 강화하고, 이들 시설은 TI Automotive의 운영에 필수적인 제조 및 유통 허브로 기능합니다. 이번 거래는 가중 평균 임대 기간과 포트폴리오의 안정성을 높여줍니다.
Gladstone Commercial (Nasdaq:GOOD) a annoncé l'acquisition d'un important portefeuille industriel couvrant 693 236 pieds carrés répartis sur six sites dans le Michigan, l'Indiana et la Géorgie pour 54,5 millions de dollars. Les installations, comprenant des espaces de fabrication, de distribution et d'entreposage, ont été simultanément reprises en location par TI Automotive, un fournisseur mondial de premier plan dans le secteur automobile, dans le cadre d’un bail net absolu de 20 ans. Cette acquisition stratégique renforce le portefeuille industriel de Gladstone sur des marchés clés de fabrication américains, les installations servant de pôles essentiels de fabrication et de distribution pour les opérations de TI Automotive. La transaction améliore la durée moyenne pondérée des baux et la stabilité du portefeuille.
Gladstone Commercial (Nasdaq:GOOD) hat die Übernahme eines bedeutenden Industrieportfolios bekanntgegeben, das 693.236 Quadratfuß über sechs Standorte in Michigan, Indiana und Georgia umfasst und für 54,5 Millionen USD erworben wird. Die Anlagen, bestehend aus Fertigung, Vertrieb und Lagerfläche, wurden gleichzeitig an TI Automotive, einen globalen Tier-1-Automobilzulieferer, unter einem 20-jährigen absoluten Nettomietvertrag zurückvermietet. Die strategische Akquisition stärkt Gladstones Industrieportfolio in wichtigen US-Produktionsmärkten, wobei die Einrichtungen als wesentliche Fertigungs- und Vertriebszentren für TI Automotives Operations dienen. Die Transaktion erhöht die gewichtete durchschnittliche Laufzeit der Mietverträge und die Portfolio-Stabilität.
Gladstone Commercial (Nasdaq:GOOD) أعلنت عن الاستحواذ على محفظة صناعية كبيرة تمتد على 693,236 قدم مربع عبر ست مواقع في ميشيغان وINDIANA وGeorgia مقابل $54.5 مليون. المرافق، التي تتألف من مساحات تصنيع وتوزيع وتخزين، قد تم تأجيرها مرتجعة بموجب عقد إيجار صافي مطلق لمدة 20 عامًا إلى TI Automotive، مورد عالمي من الدرجة الأولى في قطاع السيارات. تساهم الصفقة في تعزيز المحفظة الصناعية لـ Gladstone في أسواق التصنيع الأمريكية الرئيسية، وتعمل المرافق كمراكز تصنيع وتوزيع أساسية لعمليات TI Automotive. الصفقة تحسن مدة الإيجار المرجحة للمحفظة واستقرارها.
Gladstone Commercial (纳斯达克：GOOD) 宣布收购覆盖六个地点、总面积为 693,236 平方英尺的重大工业组合，横跨密歇根州、印第安纳州和乔治亚州，交易金额为 5450万美元。这些设施包括制造、分销和仓储空间，已同時以 20 年绝对净租约的方式回租给全球一级汽车零部件供应商 TI Automotive。此次战略收购加强了 Gladstone 在美国关键制造市场的工业组合，这些设施将作为 TI Automotive 运营的制造与分销枢纽。交易提升了公司的加权平均租期和投资组合的稳定性。
- Secured long-term 20-year absolute net lease with credit-worthy tenant
- Strategic acquisition of 693,236 square feet of industrial space for $54.5 million
- Portfolio diversification across three states (Michigan, Indiana, Georgia)
- Properties are essential facilities for tenant's operations
- Transaction extends weighted average lease term
- Significant capital deployment of $54.5 million may impact short-term liquidity
- Geographic concentration risk in manufacturing-dependent regions
- Single-tenant exposure to automotive industry sector
MCLEAN, VA / ACCESS Newswire / October 1, 2025 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") is pleased to announce the acquisition of an industrial portfolio totaling 693,236 square feet of manufacturing, distribution, and warehouse space across six locations in Michigan, Indiana, and Georgia. Concurrent with the
"The acquisition of this portfolio continues our efforts to add manufacturing and industrial facilities leased to credit-worthy tenants to our real estate portfolio," stated Ryan Carter, Executive Vice President of Gladstone Commercial.
"We are pleased to have executed a cross-regional portfolio, reflecting our disciplined approach to sourcing and closing complex sale-leaseback transactions. These facilities are essential to TI Automotive's business and serve as key manufacturing and distribution hubs," said Todd McDonald, Senior Vice President of Gladstone Commercial.
"This acquisition advances our strategy of building a durable industrial portfolio in key U.S. manufacturing markets. The portfolio is secured by a long-term absolute net lease in markets that continue to benefit from strong manufacturing demand. The transaction extends our weighted average lease term and enhances the overall quality and stability of our portfolio," said Buzz Cooper, President of Gladstone Commercial.
About Gladstone Commercial (Nasdaq:GOOD)
Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of June 30, 2025, Gladstone Commercial's real estate portfolio consisted of 143 properties located in 27 states, totaling approximately 17.0 million square feet. For additional information, please visit www.gladstonecommercial.com.
For Broker Submittals:
Midwest/West | South Central | |
Ryan Carter | Todd Alan McDonald | |
Executive Vice President | Senior Vice President | |
(571) 451-0019 | (703) 287-5895 | |
Southeast/Northeast | ||
Nick Lindsay | ||
Vice President | ||
(703) 966-3864 | ||
Investor or Media Inquiries:
Buzz Cooper | Catherine Gerkis | |
President | Director of Investor Relations/ESG | |
(703) 287-5815 | (703) 287-5846 | |
All statements contained in this press release, other than historical facts, may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements involve inherent risks and uncertainties as they relate to expectations, beliefs, projections, future plans and strategies, anticipated events, or trends concerning matters that are not historical facts and may ultimately prove to be incorrect or false. Forward-looking statements include information about possible or assumed future events, including, without limitation, those relating to the discussion and analysis of Gladstone Commercial's business, financial condition, results of operations, and our strategic plans and objectives. Words such as "may," "might," "believe," "will," "anticipate," "future," "could," "growth," "plan," "intend," "expect," "should," "would," "if," "seek," "possible," "potential," "likely" and variations of these words and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain these words. Forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those included within or contemplated by such statements, including, but not limited to, the description of risks and uncertainties in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" of the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the SEC on February 18, 2025, and certain other filings made with the SEC. Gladstone Commercial cautions readers not to place undue reliance on any such forward-looking statements which speak only as of the date made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
For further information: Gladstone Commercial Corporation, (703) 287-5893
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstonecompanies.com.
SOURCE: Gladstone Commercial Corporation
View the original press release on ACCESS Newswire
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