Welcome to our dedicated page for Gladstone Commercial news (Ticker: GOOD), a resource for investors and traders seeking the latest updates and insights on Gladstone Commercial stock.
Gladstone Commercial Corp (NASDAQ: GOOD) provides investors with timely updates on its net-leased industrial, office, and medical property portfolio. This page serves as your central hub for official press releases, earnings reports, and strategic announcements from the REIT.
Access curated updates on property acquisitions, capital recycling initiatives, and tenant credit underwriting practices. Track the company’s performance in primary and secondary growth markets through verified financial disclosures and operational milestones.
Discover news categorized by key activities: quarterly earnings results, build-to-suit developments, portfolio diversification efforts, and leadership updates. All content is sourced directly from company filings and vetted for accuracy.
Bookmark this page for streamlined access to Gladstone Commercial’s latest moves in commercial real estate markets. Investors can monitor long-term lease agreements, asset dispositions, and market positioning strategies through our organized news feed.
Gladstone Commercial Corporation (Nasdaq:GOOD) has acquired a 76,000 square foot industrial facility in Riverdale, Illinois, with a weighted GAAP capitalization rate of 9.7%. The property is fully leased to American Roller Company under a 20-year absolute NNN lease, aligning with Gladstone's strategy to acquire assets leased to credit-worthy tenants. This acquisition enhances Gladstone's industrial portfolio, with a focus on mission-critical facilities in strong markets. The deal is expected to improve the weighted average lease term and increase the company's industrial concentration, showcasing growth in its sale-leaseback platform.
Gladstone Commercial Corporation (NASDAQ:GOOD) has declared cash distributions for April, May, and June 2023. Investors will receive $0.10 per common share and additional amounts for various classes of preferred stock, maintaining a continuous distribution streak of 219 months for common stock and 156 months for senior common stock. The total distributions for the quarter are $0.30 for common stock, $0.2625 for senior common stock, $0.414063 for Series E, $0.375 for Series F, and $0.375 for Series G preferred stock. Earnings for the first quarter ending March 31, 2023, will be reported on May 3, 2023, followed by a conference call on May 4, 2023, at 8:30 a.m. ET.
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