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Gladstone Commercial Corp SEC Filings

goodn NASDAQ

Welcome to our dedicated page for Gladstone Commercial SEC filings (Ticker: goodn), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

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
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Gladstone Commercial Corp’s Chief Financial Officer Gary Gerson reported an open-market purchase of common stock. On February 25, 2026, he bought 275 shares at $12.465 per share, bringing his direct holdings to 23,475 shares. The filing also lists 100 shares held by his son, 100 by his daughter, and 752 by his spouse, with Gerson expressly disclaiming beneficial ownership of these indirect family holdings.

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Gladstone Commercial reported solid Q4 and mixed full-year 2025 results. For the quarter ended December 31, 2025, total operating revenue was $43.5 million, up 6.4% from Q3, with net income of $5.4 million, up 30.1%. Funds from operations (FFO) available to common stockholders and OP unitholders were $17.8 million, up 8.9%, or $0.37 per diluted share, and Core FFO matched that per-share level.

For 2025, total operating revenue rose 8.0% to $161.3 million. FFO increased 8.8% to $64.9 million, or $1.38 per diluted share, and Core FFO grew 9.1% to $65.7 million, or $1.40 per diluted share. Net income available to common stockholders and OP unitholders declined to $6.6 million from $11.2 million, reflecting higher other expense and smaller real estate gains. The company expanded its portfolio to 151 properties and 17.7 million square feet, maintained 99.1% leased occupancy, collected 100% of 2025 base rent, invested $206.7 million in 19 fully occupied industrial assets, and paid $1.20 in annual common dividends per share.

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Gladstone Commercial Corporation, a Maryland REIT focused on industrial and office properties, outlines its 2025 business and capital structure. As of February 18, 2026, it owned 151 properties with 17.7 million square feet of rentable space across 27 states and a 99.1% occupancy rate.

The company uses an umbrella partnership structure and external management, targeting long-term net leases of seven to 20 years with built-in rent escalations. As of December 31, 2025, mortgage notes payable totaled $250.2 million, and borrowings under its credit facility were $437.4 million at a weighted average interest rate of 5.42%.

During 2025, Gladstone raised approximately $61.0 million of net proceeds by selling 4,412,814 common shares through its at-the-market equity program and issued $85.0 million of 5.99% senior unsecured notes due 2030. Key risks discussed include tenant credit quality, industry and tenant concentration, leverage, refinancing and balloon payment risk, interest rate exposure, and environmental and cybersecurity liabilities.

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FAQ

What is the current stock price of Gladstone Commercial (goodn)?

The current stock price of Gladstone Commercial (goodn) is $22.821 as of March 6, 2026.

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GOODN Stock Data

2.40M
REIT - Diversified
Lessors of Real Property, Nec
Link
United States
MCLEAN

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