Stonegate Capital Partners Updates 3Q25 Report on Gladstone Commercial Corp. (GOOD)

Rhea-AI Summary

Gladstone Commercial (NASDAQ: GOOD) reported 3Q25 activity highlighting portfolio rotation, leasing, and stable cash flow. The company ended the quarter with 151 properties across 27 states, sold one non-core industrial asset for $3.0M, and acquired a fully occupied six-facility industrial portfolio totaling 693,236 sq ft for about $54.8M at a 9.53% cap rate (noted also as ~$54.5–54.8M with a 20-year lease term). During 3Q25 the firm leased or renewed 14 properties totaling 734,464 sq ft with remaining lease terms of 0.7 to 11.4 years and collected 100% of cash rents. The company generated FFO and Core FFO of $16.4M, or $0.35 per diluted share.

Positive

• FFO of $16.4M, $0.35 per diluted share
• Acquired 693,236 sq ft industrial portfolio for ~$54.8M at 9.53% cap rate
• Completed 734,464 sq ft of leasing/renewals in 3Q25
• Portfolio size: 151 properties across 27 states
• Collected 100% of cash rents during the quarter

Negative

• Remaining lease terms ranged as low as 0.7 years
• Sale proceeds from capital recycling were only $3.0M

Dallas, Texas--(Newsfile Corp. - November 5, 2025) - Gladstone Commercial Corporation. (NASDAQ: GOOD): Stonegate Capital Partners Updates Coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). In the third quarter of 2025, Gladstone Commercial Corp. maintained its disciplined portfolio management approach. The Company ended the quarter with 151 properties across 27 states, expanding its footprint from the previous quarter. During 3Q25, GOOD executed its capital recycling strategy by selling one non-core property, for $3.0M. Additionally, the Company expanded its portfolio by acquiring a fully occupied six facility portfolio totaling 693,236 square feet for $54.8M, at a cap rate of 9.53%. In the same period, the Company leased or renewed 14 properties over 734,464 square feet with a remaining lease term ranging from 0.7 years to 11.4 years. These moves underscore GOOD's ongoing emphasis on industrial assets while maintaining liquidity and reducing exposure to non-core properties.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

• In 3Q25, GOOD purchased a fully occupied six-facility industrial portfolio totaling ~693K sq ft for ~$54.5-54.8M at a ~9.53% cap rate with a 20-year lease term.
• Sold one non-core industrial asset for $3.0M and completed ~734K sq ft of leasing while collecting 100% of cash rents.
• Generated FFO and Core FFO of $16.4 million, or $0.35 per diluted share, each.

Click image above to view full announcement.

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About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273278

FAQ

What did Gladstone Commercial (GOOD) acquire in 3Q25 and for how much?

GOOD acquired a fully occupied six-facility industrial portfolio totaling 693,236 sq ft for about $54.8M at a 9.53% cap rate.

How much leasing activity did Gladstone Commercial (GOOD) complete in 3Q25?

GOOD leased or renewed 14 properties totaling 734,464 sq ft in 3Q25.

What were Gladstone Commercial's (GOOD) reported FFO and FFO per share in 3Q25?

The company reported FFO and Core FFO of $16.4M, or $0.35 per diluted share.

How many properties and states did Gladstone Commercial (GOOD) have at quarter end?

At the end of 3Q25, GOOD owned 151 properties across 27 states.

Did Gladstone Commercial (GOOD) sell any assets in 3Q25 and what were the proceeds?

Yes; GOOD sold one non-core industrial asset for $3.0M as part of its capital recycling strategy.

What was the lease term profile for Gladstone Commercial's (GOOD) 3Q25 leasing activity?

Leased or renewed assets had remaining lease terms ranging from 0.7 years to 11.4 years.