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Stonegate Updates Coverage on Gladstone Commercial Corp. (GOOD) Q3 2023

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Gladstone Commercial Corp. (NASDAQ: GOOD) updates on strong fundamentals, 96.6% occupancy, 59% industrial properties, and $43.8M debt repayments in 3Q23.
Positive
  • Strong fundamentals with 96.6% occupancy levels demonstrate stability and potential for growth.
  • Diversification into industrial properties at 59% indicates a strategic move to capitalize on market trends.
  • Decreasing debt levels with $43.8M worth of repayments in 3Q23 show financial prudence and improved liquidity.
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Dallas, Texas--(Newsfile Corp. - November 8, 2023) - Gladstone Commercial Corp. (NASDAQ: GOOD): Stonegate Capital Partners updates their coverage on Gladstone Commercial Corp. (NASDAQ: GOOD).

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

Key Takeaways:

  • Fundamentals remain strong with 96.6% occupancy levels to end 3Q23
  • Diversification continues as 59% of properties are industrial
  • Debt levels are decreasing with $43.8M worth of repayments in 3Q23

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/186707_img1.jpg

Click image above to view full announcement.


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, equity research and capital raising 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/186707

Gladstone Commercial Corp. (NASDAQ: GOOD) reported strong fundamentals with 96.6% occupancy, 59% industrial properties, and $43.8M debt repayments in 3Q23.

The announcement highlights the company's strong fundamentals, high occupancy levels, diversification into industrial properties, and decreasing debt levels.

Gladstone Commercial Corp. (NASDAQ: GOOD) has achieved 96.6% occupancy levels and 59% of its properties are industrial, showcasing stability and strategic market positioning.
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About GOOD

gladstone commercial corporation is a publicly traded reit (nasdaq: good) that invests in single tenant and anchored multi-tenant net leased industrial, office and, to a lesser extent, medical properties nationwide. we also invest alongside developers in build-to-suit transactions where a tenant requires a new building. we buy properties with strong tenants of all sizes and we believe our track record of underwriting the credit of middle market businesses is unmatched. we target primary and secondary growth markets that possess favorable economic growth trends, diversified industries, growing populations, and strong employment. our senior management team, under the guidance of david gladstone, has over 200 years of combined experience investing in real estate and middle market businesses. we have a track record of success, as exhibited by a history of strong distribution yields, consistent occupancy greater than 96.0%, and 10+ years of paying continuous monthly cash distributions. we a