GOOD reported results for the three months ended September 30, 2026, with total operating revenue of $42.419 million, down 3.6% from the three months ended June 30, 2026. Net loss attributable to common stockholders and Non-controlling OP Unitholders was $5.193 million, versus $5.128 million of net income in the prior quarter. Diluted Core FFO was $16.899 million, or $0.35 per share, down 7.8%; a $6.518 million impairment charge was recognized on one property. Management attributed the Core FFO decline mainly to higher property and interest expenses and a lease termination fee recognized on a property sold in the prior period, partly offset by lower general and administrative expenses and a lower net incentive fee.
GOOD collected 100% of cash rents due in July, August, September and October. It purchased one fully occupied industrial property with 146,650 square feet for $6.6 million at a 9.16% cap rate, leased or renewed 502,557 square feet, and issued 168,868 common shares through its at-the-market program for $2.2 million in net proceeds. After quarter-end, GOOD repaid $10.2 million of fixed-rate mortgage debt at 4.25% and declared monthly distributions for October, November and December.
Gladstone Commercial Corporation (GOOD), a real estate investment trust focused primarily on industrial and office properties, reported third-quarter lease revenue of $42.419 million for the three months ended September 30, 2026, compared with $40.841 million a year earlier. For the nine months, lease revenue was $128.317 million, up 8.9% from $117.875 million. Net loss available to common stockholders was $5.189 million, or $0.11 per share, versus income of $982,000, or $0.02 per share, in the 2025 quarter; nine-month common-stockholder income was $3.762 million versus $4.354 million.
Operating cash flow for the nine months was $56.392 million, compared with $72.430 million a year earlier. GOOD recognized a $6.518 million impairment charge on one held-and-used property in Lake Mary, Florida, after reassessing its holding period as leasing assumptions changed due to slower market leasing velocity. It acquired two industrial properties for $29.694 million and sold one property and part of a land parcel for $14.899 million in aggregate sales price. As of November 3, 2026, it owned 152 properties totaling 17.8 million square feet across 27 states, with 99.3% occupancy. During the nine months, it sold 168,868 common shares under its at-the-market agreement, raising approximately $2.2 million in net proceeds.
Gladstone Commercial Corporation (GOOD) said Walter H. Wilkinson Jr. resigned from its Board of Directors effective immediately on October 22, 2026. Wilkinson had served as a director since 2014 and as Lead Independent Director since 2024. The Board elected George “Chip” Stelljes, III to succeed him as Lead Independent Director effective October 26, 2026. Following Wilkinson’s resignation, the Board fixed the number of directors at seven, effective October 26, 2026.
Gladstone Commercial Corp. (GOOD) reports a direct common-stock holding of 15,637 shares for former director Walter H. Wilkinson in an entry dated October 26, 2026. Wilkinson ceased serving as a director effective October 22, 2026. The reported entry is a holding, not a purchase or sale.
GLADSTONE COMMERCIAL CORP (GOOD) reported an insider purchase by Executive Vice President Ryan Stuart Carter. On 2026-09-01, he purchased 100 shares of common stock at $13.02 per share in an open-market transaction, increasing his directly held position to 4,900 shares. The trade was made pursuant to a previously adopted Rule 10b5-1 trading plan.
Gladstone Commercial Corporation reported improved results for the three months ended June 30, 2026. Total operating revenue was $43,989 thousand, up 5.0% from the prior quarter. Net income was $8,270 thousand, and net income available to common stockholders and Non-controlling OP Unitholders rose to $5,128 thousand, or $0.11 per share, compared with $0.08 per share in the first quarter. Diluted Core FFO increased to $18,327 thousand, or $0.38 per share, a 7.7% rise from $17,013 thousand and $0.35 per share.
The company collected 100% of cash rents in April, May, June and July and maintained portfolio occupancy at 98.7% across 151 properties totaling 17,669,871 owned square feet. During the quarter it acquired a fully occupied industrial property for $22.8 million at a 6.76% cap rate, purchased land for a planned 86,000 square foot expansion, sold one industrial property for $12.9 million, and completed leasing or renewals on 160,435 square feet. Gladstone Commercial paid and declared quarterly cash distributions of $0.30 per common share and Non-controlling OP Unit, alongside stated distributions on its preferred and senior common shares, while continuing its capital recycling and de-leveraging strategy focused on industrial assets.
Gladstone Commercial Corporation, an industrial- and office-focused REIT, reports higher results for the quarter ended June 30, 2026. Lease revenue was $43.989 million versus $39.533 million a year earlier, and net income was $8.270 million, with $5.124 million, or $0.11 per share, available to common stockholders.
At June 30, 2026, total assets were $1.243 billion, including $1.037 billion of real estate, net, across 151 properties totaling 17.7 million square feet in 27 states. Debt totaled $852.050 million with a 5.04% weighted average interest rate, and interest rate swaps added $6.467 million to other comprehensive income year to date.
Operating cash flow for the first six months was $35.471 million. The company acquired one industrial property in Newport News, Virginia for $23.004 million and sold one property plus land for $14.899 million, realizing a $3.676 million gain as part of its capital recycling program. Common shareholders received $0.60 per share in distributions for the six-month period, and portfolio occupancy was 98.9% as of August 5, 2026.
Gladstone Commercial Corp Executive Vice President Ryan Stuart Carter purchased 100 shares of common stock on August 3, 2026 at $12.58 per share in an open-market transaction. Following this purchase, he directly owns 4,800 shares. The trade was made under a previously adopted Rule 10b5-1 trading plan.
Gladstone Commercial Corp Executive Vice President Ryan Stuart reported an open-market purchase of 100 shares of common stock at $12.26 per share. After this transaction, he directly holds 4,700 shares. The filing notes the trade was made under a previously adopted Rule 10b5-1 trading plan, indicating it was pre-planned and routine.
GLADSTONE COMMERCIAL CORP director files amended Form 3 with no trades
GLADSTONE COMMERCIAL CORP director George III Stelljes submitted an amended Form 3 as an insider of the company. The amendment does not report any purchases, sales, option exercises, gifts, or other transactions, and no derivative positions are listed.